[Form 4] Mister Car Wash, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Mister Car Wash, Inc. filed a Form 4 showing an entity-level restructuring of a large indirect ownership block tied to director and ten percent owner John G. Danhakl. A total of 219,213,079 shares of common stock, indirectly owned through investment entities, were involved in an "other" type transaction at a reference value of $7.00 per share.
According to the disclosure, these shares were held by funds and LLCs including Green Equity Investors VI, L.P., Green Equity Investors Side VI, L.P., LGP Associates VI-A LLC, and LGP Associates VI-B LLC. In connection with an Agreement and Plan of Merger, the shares were contributed to MCW Parent, LP and then cancelled when Boson Merger Sub, Inc. merged with Mister Car Wash, Inc., leaving zero shares reported after the transaction. The filing states that Mr. Danhakl may be deemed an indirect beneficial owner for Section 16 purposes but he expressly disclaims beneficial ownership except to the extent of any pecuniary interest.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 219,213,079 | $7.00 | $1.53B |
Footnotes (6)
- F1. In connection with the terms of an Agreement and Plan of Merger, dated February 17, 2026 (the "Merger Agreement"), by and among the Issuer, MCW Parent, LP ("Parent"), Boson Merger Sub, Inc., a wholly owned subsidiary of Parent ("Merger Sub"), and, solely for purposes of certain provisions in the Merger Agreement, Mister Car Wash Holdings, Inc., a wholly owned subsidiary of the Issuer, Merger Sub merged with and into the Issuer, with the Issuer continuing as the surviving corporation (the "Merger").
- F2. Immediately prior to the effective time of the Merger, pursuant to the Contribution Agreement, dated February 17, 2026, by and among Parent, Green Equity Investors VI, L.P. ("GEI VI"), Green Equity Investors Side VI, L.P. ("GEI Side VI"), LGP Associates VI-A LLC ("Associates VI-A") and LGP Associates VI-B LLC ("Associates VI-B"), the shares of the Issuer's Common Stock ("Common Stock"), par value $0.01 (the "Shares"), owned by the Reporting Persons were contributed and assigned to Parent in exchange for equity interests in Parent (together with the Merger, the "Transaction"). In accordance with the terms of the Merger Agreement, at the effective time of the Merger, the Shares were automatically cancelled and extinguished without any conversion thereof or consideration paid therefor.
- F3. Represents shares of Common Stock previously owned by GEI VI, GEI Side VI, Associates VI-A and Associates VI-B that were cancelled as part of the Transaction. Of the shares of Common Stock reported, 134,812,845 were held by GEI VI, 80,348,253 were held by GEI Side VI, 315,683 were held by Associates VI-A, and 3,736,298 were held by Associates VI-B.
- F4. Represents shares owned by GEI VI, GEI Side VI, Associates VI-A and Associates VI-B.
- F5. Mr. Danhakl, directly (whether through ownership or position), or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), to be the indirect beneficial owner of some or all of the shares of Common Stock held by GEI VI, GEI Side VI, Associates VI-A, or Associates VI-B and, therefore, a "ten percent holder" hereunder.
- F6. Mr. Danhakl disclaims beneficial ownership of the shares of Common Stock reported herein, except to the extent of his pecuniary interest therein. This report shall not otherwise be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.
Key Figures
Key Terms
Agreement and Plan of Merger regulatory
Contribution Agreement regulatory
ten percent holder regulatory
indirect beneficial owner regulatory
Section 16 of the Securities Exchange Act of 1934 regulatory
pecuniary interest financial
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