Form 4: Mister Car Wash Executive Joseph Matheny Reports Stock Transactions
SEC Form 4 Filing
Joseph Duane Matheny, Chief Innovation Officer of Mister Car Wash, Inc., reports the acquisition and disposal of common stock and stock options on May 13, 2025.
Summary
- On May 13, 2025, Joseph Duane Matheny, Chief Innovation Officer of Mister Car Wash, Inc., engaged in transactions involving the company's stock.
- Matheny exercised stock options to acquire 9,000 shares of common stock at a price of $0.66 per share.
- Simultaneously, Matheny sold 9,000 shares of common stock at a price of $7.97 per share.
- Following these transactions, Matheny directly owns 84,895 shares of common stock and indirectly owns 45,000 shares through the Emersyn Matheny Irrevocable Trust.
- Matheny also directly owns options for 102,456 shares.
- The stock option, priced at $0.66, was exercised on May 13, 2025, and is fully vested and exercisable with an expiration date of July 14, 2025.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. The sentiment is neither positive nor negative as it simply reports facts.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of stock option exercise and stock sale. |
| 05/15/2025 | Date of signature on the Form 4 filing. |
| 07/14/2025 | Expiration date of the stock options. |
Keywords
Mister Car Wash, MCW, Form 4, Insider Trading, Stock Options, Stock Sale, Joseph Matheny, Chief Innovation Officer
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.