Form 4: Mister Car Wash CFO Jedidiah Marc Gold Reports Stock Transactions
SEC Form 4 Filing
Chief Financial Officer of Mister Car Wash, Jedidiah Marc Gold, reports the vesting of restricted stock units and subsequent sale of shares to cover taxes.
Summary
- On June 25, 2024, Jedidiah Marc Gold, the CFO of Mister Car Wash, vested 15,000 restricted stock units (RSUs) which converted into common stock.
- Following the vesting, 4,079 shares of common stock were sold on June 26, 2024, at a price of $6.93 per share to cover taxes and fees associated with the vesting.
- After these transactions, Gold directly owns 44,854 shares of Mister Car Wash common stock and 30,000 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The sale of shares by the CFO could have a minor impact on the stock price, but it is likely to be minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 06/25/2022 | Start date for the restricted stock units vesting in 5 equal annual installments. |
| 06/25/2024 | Vesting of 15,000 restricted stock units. |
| 06/26/2024 | Sale of 4,079 shares at $6.93 per share. |
| 06/27/2024 | Date of Form 4 filing. |
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