European Wax Center (NASDAQ: EWCZ) CEO settles RSU taxes with shares
Rhea-AI Filing Summary
European Wax Center, Inc. CEO and director Christopher Daniel Morris reported a Form 4 transaction involving company Class A common stock. On January 8, 2026, 38,546 shares were withheld by the issuer at a price of $3.97 per share to cover his tax withholding obligations tied to the vesting of restricted stock units. After this tax-related share withholding, he beneficially owned 561,454 shares of Class A common stock directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 38,546 | $3.97 | $153K |
Footnotes (1)
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FAQ
What insider transaction did European Wax Center (EWCZ) report in this Form 4?
The filing reports that CEO and director Christopher Daniel Morris had 38,546 shares of Class A common stock withheld by the issuer on January 8, 2026 to satisfy tax withholding obligations related to restricted stock unit vesting.
Was the European Wax Center (EWCZ) CEOs Form 4 transaction an open-market sale?
No. The Form 4 shows transaction code F, and the footnote explains that the 38,546 shares were withheld by the issuer to cover tax withholding on vesting restricted stock units, rather than an open-market sale.
What role does the reporting person hold at European Wax Center (EWCZ)?
The reporting person, Christopher Daniel Morris, is identified as both an officer and a director of European Wax Center, Inc., with the officer title CEO & Director.
What is the nature of the security involved in this EWCZ Form 4?
The transaction involves Class A Common Stock of European Wax Center, Inc., connected to the vesting and tax withholding of restricted stock units.