Joseph Duane Matheny - 20 Feb 2025 Form 4 Insider Report for Mister Car Wash, Inc. (MCW)

Role: Chief Innovation Officer
Signature: /s/ Jedidiah Gold, as Attorney-in-Fact for Joseph Matheny
Issuer symbol: MCW
Transactions as of: 20 Feb 2025
Net transactions value: -$227,798
Form type: 4
Filing time: 24 Feb 2025, 18:10:00 UTC
Previous filing: 19 Feb 2025
Next filing: 04 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MCW	Common Stock	Options Exercise	$20,290	+30,742	+38%	$0.6600	111,948	20 Feb 2025	Direct
transaction	MCW	Common Stock	Sale	$248,088	-30,742	-27%	$8.07	81,206	20 Feb 2025	Direct	F2
holding	MCW	Common Stock						45,000	20 Feb 2025	Emersyn Matheny Irrevocable Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MCW	Stock Option (Right to Buy)	Options Exercise	$0	-30,742	-17%	$0.000000	148,608	20 Feb 2025	Common Stock	30,742	$0.6600	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	The option is fully vested and exercisable.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $7.97 to $8.23. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Content

The option is fully vested and exercisable.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $7.97 to $8.23. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.