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 987 shares of Class A Common Stock on July 20, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- On July 20, 2024, Cindy Thomassee, CAO and Controller of European Wax Center, Inc. (EWCZ), disposed of 987 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 $9.06 per share.
- Following the transaction, Thomassee directly owns 74,429 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders trade their company's stock. This filing indicates a routine transaction to cover tax obligations.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/20/2024 | Date of stock disposal to cover tax obligations. |
| 07/22/2024 | Date of signature on the Form 4 filing. |
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