Form 4: Mister Car Wash General Counsel Markus Hartmann Reports Stock Transactions

Markus Hartmann, General Counsel of Mister Car Wash, reports the vesting and sale of common stock and restricted stock units to cover taxes and fees.

Summary

• Markus Hartmann, the General Counsel of Mister Car Wash, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On February 6, 2025, Hartmann engaged in transactions involving common stock and restricted stock units (RSUs).
• 13,022 shares of common stock were acquired through vesting of RSUs.
• 4,209 shares were sold at $7.95 per share to cover taxes and fees associated with the vesting of the RSUs.
• Hartmann also reported the vesting of 2,029, 5,067, and 5,926 restricted stock units, each representing a contingent right to receive one share of Mister Car Wash common stock.
• These RSUs vested immediately on February 6, 2025, in accordance with a Transition and Severance Agreement effective January 6, 2025.

Sentiment

Score: 5

Explanation: This is a routine filing related to executive compensation and stock transactions, with no inherent positive or negative implications for the company's overall outlook.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to executive compensation and tax obligations.

Key Dates

Keywords

Form 4, Mister Car Wash, MCW, Hartmann, Restricted Stock Units, RSU, Beneficial Ownership, General Counsel, Stock Transaction, Vesting