Form 4: European Wax Center CAO Cindy Thomassee Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Cindy Thomassee, CAO and Controller of European Wax Center, Inc., disposed of 303 shares of Class A Common Stock on February 16, 2025, to cover tax obligations related to vesting restricted stock units.
Summary
- On February 16, 2025, Cindy Thomassee, the CAO and Controller of European Wax Center, Inc. (EWCZ), disposed of 303 shares of Class A Common Stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The shares were disposed of at a price of $7.35 per share.
- Following the transaction, Thomassee beneficially owns 72,408 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to insider stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/16/2025 | Date of stock disposal and vesting of restricted stock units. |
| 02/20/2025 | Date of signature on the Form 4 filing. |
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