Marc Gold - 28 Feb 2025 Form 4 Insider Report for Mister Car Wash, Inc. (MCW)

Role
Chief Financial Officer
Signature
/s/ Jedidah Gold
Issuer symbol
MCW
Transactions as of
28 Feb 2025
Transactions value $
-$874,246
Form type
4
Filing time
04 Mar 2025, 17:35:52 UTC
Previous filing
13 Nov 2024
Next filing
27 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 $44.9K +21.2K +47.26% $2.12 66.1K 28 Feb 2025 Direct
transaction MCW Common Stock Options Exercise $44.7K +21.1K +31.91% $2.12 87.1K 28 Feb 2025 Direct
transaction MCW Common Stock Sale -$359K -42.3K -48.52% $8.50 44.9K 28 Feb 2025 Direct F1
transaction MCW Common Stock Options Exercise $0 +15.2K +33.89% $0.00 60.1K 01 Mar 2025 Direct
transaction MCW Common Stock Sale -$39K -4.62K -7.69% $8.44 55.4K 03 Mar 2025 Direct F2
transaction MCW Common Stock Options Exercise $149K +70.2K +126.61% $2.12 126K 03 Mar 2025 Direct
transaction MCW Common Stock Options Exercise $38.8K +18.3K +14.58% $2.12 144K 03 Mar 2025 Direct
transaction MCW Common Stock Sale -$753K -88.5K -61.49% $8.51 55.4K 03 Mar 2025 Direct F3

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 -21.2K -2.48% $0.00 833K 28 Feb 2025 Common Stock 21.2K $2.12 Direct F4
transaction MCW Stock Option (Right to Buy) Options Exercise $0 -21.1K -53.51% $0.00 18.3K 28 Feb 2025 Common Stock 21.1K $2.12 Direct F4
transaction MCW Stock Option (Right to Buy) Options Exercise $0 -70.2K -8.43% $0.00 763K 03 Mar 2025 Common Stock 70.2K $2.12 Direct F4
transaction MCW Stock Option (Right to Buy) Options Exercise $0 -18.3K -100% $0.00 0 03 Mar 2025 Common Stock 18.3K $2.12 Direct F4
transaction MCW Restricted Stock Units Options Exercise $0 -15.2K -33.33% $0.00 30.4K 03 Mar 2025 Common Stock 15.2K Direct F5, F6, F7
* 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $8.50 to $8.51. 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.
F2 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $8.50 to $8.57. 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.
F4 The option is fully vested and exercisable.
F5 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock upon vesting.
F6 This filing relates to the occurrence of a restricted stock unit vesting event.
F7 The restricted stock units vest in 4 equal annual installments beginning on March 1, 2024 subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates.