European Wax Center (EWCZ) CFO uses shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
European Wax Center, Inc. Chief Financial Officer Thomas C. Kim reported a routine tax-related share disposition. On April 7, 2026, 12,175 shares of Class A common stock were withheld by the company to cover his tax withholding obligations tied to the vesting of restricted stock units. This was not an open-market sale, but a payment of taxes using shares. After this withholding, Kim directly holds 187,825 shares of European Wax Center Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kim Thomas C.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 12,175 | $5.83 | $71K |
Holdings After Transaction:
Class A Common Stock — 187,825 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 12,175 shares
Tax withholding price: $5.83 per share
Shares held after transaction: 187,825 shares
3 metrics
Shares withheld for taxes
12,175 shares
Tax-withholding disposition on April 7, 2026
Tax withholding price
$5.83 per share
Reference price for withheld shares
Shares held after transaction
187,825 shares
Post-transaction direct holdings of CFO
Key Terms
restricted stock units, tax withholding obligations, tax-withholding disposition, Class A Common Stock
4 terms
restricted stock units financial
"in connection with the vesting of restricted stock units on April 7, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"to satisfy the Reporting Person's tax withholding obligations in connection with the vesting"
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did European Wax Center (EWCZ) report for Thomas C. Kim?
European Wax Center’s CFO, Thomas C. Kim, reported a tax-related share disposition. The company withheld 12,175 Class A shares to satisfy his tax obligations when restricted stock units vested on April 7, 2026.
Was the European Wax Center (EWCZ) CFO’s Form 4 transaction an open-market stock sale?
No. The Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by European Wax Center to cover the CFO’s tax obligations from vesting restricted stock units.