Mister Car Wash Executive Offloads Shares in Tax-Related Sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mister Car Wash CFO Jedidiah Marc Gold reported significant insider transactions on June 25-26, 2025. The transactions involved:
- RSU Vesting: 15,000 restricted stock units converted to common stock at $0 exercise price on June 25
- Tax-Related Sale: 6,357 shares sold at $6.13 per share on June 26 to cover tax obligations
- Net Position: Following these transactions, Gold directly owns 75,637 shares
The RSUs were part of a long-term compensation plan vesting in 5 equal annual installments starting June 25, 2022. The share sale was non-discretionary, specifically executed to cover tax liabilities from the RSU vesting. This pattern of vesting and tax-related sales is common for executive compensation arrangements.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,357 shares ($38,968)
Net Sell
3 txns
Insider
Gold Jedidiah Marc
Role
Chief Financial Officer
Sold
6,357 shs ($39K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,357 | $6.13 | $39K |
| Exercise | Restricted Stock Units | 15,000 | $0.00 | -- |
| Exercise | Common Stock | 15,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 75,637 shares (Direct);
Restricted Stock Units — 15,000 shares (Direct)
Footnotes (1)
- 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. Each Restricted Stock Unit ("RSU") represents a continent right to recieve one share of the Issuer's common stock upon vesting. This filing relates to the occurrence of a restricted stock unit vesting event. The restricted stock units vest in 5 equal installments beginning on June 25, 2022 subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates. The RSUs do not have an expiration date.
FAQ
How many restricted stock units (RSUs) vested for MCW's CFO in June 2025?
15,000 restricted stock units (RSUs) vested for MCW's CFO Jedidiah Gold on June 25, 2025. These RSUs were converted to common stock at a conversion price of $0.
What is the vesting schedule for MCW CFO Jedidiah Gold's restricted stock units?
The restricted stock units vest in 5 equal installments beginning on June 25, 2022, subject to the CFO's continued service to Mister Car Wash. The RSUs do not have an expiration date.