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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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.
How many European Wax Center (EWCZ) shares does the CEO hold after this transaction?
Following the reported tax-withholding transaction, CEO and director Christopher Daniel Morris beneficially owned 561,454 shares of European Wax Center Class A common stock held directly.
What price per share was used for the EWCZ CEOs tax withholding transaction?
The Form 4 reports that the 38,546 withheld Class A common shares were valued at a price of $3.97 per share for purposes of the tax withholding transaction.
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.