Form 4: European Wax Center CAO Cindy Thomassee Reports Tax Withholding
SEC Form 4 Filing
Cindy Thomassee, CAO and Controller of European Wax Center, Inc., reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On April 20, 2024, Cindy Thomassee, CAO and Controller of European Wax Center, Inc. (EWCZ), had 987 Class A Common Stock shares withheld by the issuer to satisfy tax obligations.
- This was in connection with the vesting of restricted stock units.
- Following the transaction, Thomassee beneficially owns 85,416 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so the sentiment is neutral.
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 tax withholding procedure.
Key Dates
| Date | Description |
|---|---|
| 04/20/2024 | Date of transaction: Shares withheld for tax obligations related to vesting of restricted stock units. |
| 04/23/2024 | Date of signature on the Form 4 filing. |
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