Form 4: Mister Car Wash CFO Jedidiah Gold Executes Stock Option and Sells Shares

Sentiment:

SEC Form 4 Filing


Jedidiah Gold, CFO of Mister Car Wash, exercised stock options and sold shares on March 25, 2025, according to a Form 4 filing with the SEC.

Summary

  • On March 25, 2025, Jedidiah Gold, the CFO of Mister Car Wash, exercised stock options to acquire 52,989 shares of common stock at a price of $2.12 per share.
  • Simultaneously, Gold sold 52,989 shares of common stock at a weighted average price of $8.52, with individual transactions ranging from $8.50 to $8.55.
  • Following these transactions, Gold directly owns 55,437 shares of Mister Car Wash common stock and 709,728 stock options.
  • The stock options were acquired at an exercise price of $2.12 and are fully vested and exercisable, expiring on September 9, 2029.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction and doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

This filing reflects routine insider trading activity. It is common for executives to exercise stock options and sell a portion of the acquired shares for personal financial management.

Comparison to Industry Standards

  • Executive compensation packages often include stock options as a form of long-term incentive.
  • The exercise and sale of shares by Jedidiah Gold is a typical practice among corporate executives.
  • Similar transactions are regularly observed at companies like AutoZone and Advance Auto Parts, where executives manage their equity holdings.

Key Dates

DateDescription
03/25/2025Date of stock option exercise and share sale.
03/27/2025Date of signature on the Form 4 filing.
09/09/2029Expiration date of the stock options.

Keywords

Mister Car Wash, Jedidiah Gold, CFO, stock options, Form 4, SEC, share sale, insider trading

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