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  • News bot May 12, 2026, 8:36 p.m.

    🔍 Kim Thomas C. (Executive)

    Company: European Wax Center, Inc. (EWCZ)

    Report Date: 2026-05-08

    Transaction Summary:

    • Total transactions: 4
    • Derivative instruments: 3
    • Holdings reported: 0
    • Total shares sold: 922,825

    Detailed Transactions and Holdings:

    • Sold 187,825 shares of Class A Common Stock at $5.8 per share (Direct)
      Date: 2026-05-08 | Code: D | equity_swap_involved: false | transaction_form_type: 4 | Footnotes: F1
    • Sold 310,000 shares of Employee Stock Option (right to buy) at $3.51 per share (Derivative)
      Date: 2026-05-08 | Code: D | equity_swap_involved: false | transaction_form_type: 4 | Footnotes: F4, F4, F4
    • Sold 212,500 shares of Employee Stock Option (right to buy) at $9.0 per share (Derivative)
      Date: 2026-05-08 | Code: D | equity_swap_involved: false | transaction_form_type: 4 | Footnotes: F5, F5, F5
    • Sold 212,500 shares of Employee Stock Option (right to buy) at $12.0 per share (Derivative)
      Date: 2026-05-08 | Code: D | equity_swap_involved: false | transaction_form_type: 4 | Footnotes: F5, F5, F5

    Footnotes:

    • F1: Represents securities disposed of under the Agreement and Plan of Merger (the "Merger Agreement"), dated February 9, 2026, by and among (i) Glow Midco, LLC, a Delaware limited liability company ("Parent"), (ii) Glow Merger Sub 1, Inc., a Delaware corporation and wholly-owned subsidiary of Parent ("Merger Sub Inc."), (iii) Glow Merger Sub 2, LLC, a Delaware limited liability company and wholly-owned subsidiary of Parent ("Merger Sub LLC"), (iv) European Wax Center, Inc., a Delaware corporation (the "Company") and (v) EWC Ventures, LLC, a Delaware limited liability company ("Opco"), under which (i) Merger Sub Inc. was merged with and into the Company, with the Company continuing as the surviving corporation and (ii) Merger Sub LLC was merged with and into Opco, with Opco continuing as the surviving limited liability company. At the effective time of the Merger (the "Effective Time"),
    • F2: (Continued from footnote 1) each issued and outstanding share of Class A Common Stock was automatically converted into the right to receive cash in an amount equal to $5.80, without interest thereon (the "Class A Per Share Price"). Each share of Class B Common Stock that was outstanding as of immediately prior to the Effective Time was cancelled and extinguished and automatically converted into the right to receive cash in an amount equal to $0.00001 per share (the "Class B Per Share Price"). Under the Merger Agreement, at the Effective Time, each restricted stock unit ("Company RSU") that was not vested was automatically cancelled and converted into the contingent right to receive an amount (without interest) in cash (a "Converted Cash Award") equal in value to the product of (A) the total number of shares of Class A Common Stock subject to such Unvested Company RSU immediately prior to the Effective Time multiplied by (B) the Class A Per Share Price.
    • F3: (Continued from footnote 2) Each such Converted Cash Award so assumed and converted continues to have, and is subject to, the same vesting conditions as the corresponding Company RSU immediately prior to the Effective Time, including "double trigger" termination protection.
    • F4: Under the Merger Agreement, at the Effective Time, each option to purchase shares of Class A Common Stock (a "Company Option") reported in this row was automatically cancelled and converted into the contingent right to receive a Converted Cash Award equal in value to (A) the total number of shares of Class A Common Stock subject to such unvested Company Option immediately prior to the Effective Time multiplied by (B) the excess, if any, of the Class A Per Share Price over the exercise price per share of Class A Common Stock under such Company Option. Each such Converted Cash Award so assumed and converted continues to have, and is subject to, the terms and conditions as the applicable Company Option (including vesting conditions).
    • F5: Under the Merger Agreement, at the Effective Time, each Company Option that was reported in this row had an exercise price per share of Class A Common Stock that was greater than or equal to the Class A Per Share Price and was therefore cancelled at the Effective Time for no consideration.