Form 4: Mister Car Wash Executive Joseph Matheny Reports Stock Transactions

Joseph Matheny, Chief Innovation Officer at Mister Car Wash, reports the vesting and sale of shares to cover taxes and fees related to restricted stock units.

Summary

• Joseph Matheny, Chief Innovation Officer of Mister Car Wash, filed a Form 4 detailing changes in beneficial ownership.
• On March 1, 2024, 5,067 shares of common stock were acquired through the vesting of restricted stock units, and subsequently sold to cover taxes and fees.
• The sale price was $0, and the executive sold 2,257 shares on March 5, 2024 at $7.69.
• Following these transactions, Matheny directly owns 123,325 shares and indirectly owns 45,000 shares through the Emersyn Matheny Irrevocable Trust.
• The restricted stock units vest in four equal annual installments starting March 1, 2024, contingent upon continued service.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.

Future Outlook

The restricted stock units vest in four equal annual installments beginning on March 1, 2024, subject to continued service.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, common in publicly traded companies.

Key Dates