Thomassee Cindy 4

What Happened

• Cindy Thomassee, Chief Accounting Officer and Controller of European Wax Center (EWCZ), had 3,673 shares withheld by the company on March 12, 2026 to satisfy tax withholding related to the vesting of restricted stock units. The withholding was recorded at $5.74 per share for a total value of $21,083.
• This was a tax-withholding transaction connected to RSU vesting (transaction code F), not an open-market sale or a purchase.

Key Details

• Transaction date: 2026-03-12; Filing date: 2026-03-13 (timely filing).
• Shares affected: 3,673 shares withheld; price used: $5.74; total value: $21,083.
• Footnote: Shares were withheld by the issuer to satisfy the reporting person's tax withholding obligations in connection with RSU vesting on March 12, 2026 (Footnote F1).
• Shares owned after the transaction: Not specified in the provided filing.

Context

• This is a routine cashless tax-withholding on vested restricted stock units — the company retained shares to cover withholding taxes rather than the insider selling shares on the open market. Such transactions generally reflect compensation mechanics rather than a buy/sell signal about company prospects.