Mister Car Wash officer RSU vesting, tax-share sale
Mister Car Wash Chief Innovation Officer Joseph Duane Matheny reported equity activity tied to a restricted stock unit vesting event.
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Rhea-AI Filing Summary
Mister Car Wash Chief Innovation Officer Joseph Duane Matheny reported equity activity tied to a restricted stock unit vesting event. He acquired 5,068 shares of common stock through the exercise of RSUs at $0.00 per share, then 2,318 shares were automatically sold at $7.08 per share to cover taxes and fees. Following these transactions, he directly holds 93,827 common shares and indirectly holds 45,000 common shares through the Emersyn Matheny Irrevocable Trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,318 | $7.08 | $16K |
| Exercise | Restricted Stock Units | 5,068 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,068 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. The sales reported on this Form 4 represent shares automatically sold in a non-discretionary transaction to cover taxes and fees in connection with the vesting and settlement of restricted stock unit awards.
- F2. Each Restricted Stock Unit ("RSU") represents a continent right to recieve one share of the Issuer's common stock upon vesting.
- F3. This filing relates to the occurrence of a restricted stock unit vesting event.
- F4. The restricted stock units vest in 4 equal installments beginning on March 1, 2024 subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates.
- F5. The RSUs do not have an expiration date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Mister Car Wash (MCW) insider Joseph Duane Matheny report on this Form 4?
What RSU activity did Mister Car Wash (MCW) disclose for Joseph Duane Matheny?
How do Mister Car Wash (MCW) RSUs vest for Joseph Duane Matheny?
Do Mister Car Wash (MCW) RSUs reported for Joseph Duane Matheny have an expiration date?
AI-generated analysis. How Rhea-AI works. Not financial advice.