JASKOLSKI ANGELA MARIE 4
4 · European Wax Center, Inc. · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
European Wax Center (EWCZ) COO Angela Jaskolski Sells Shares in Merger
What Happened
- Angela Marie Jaskolski, Chief Operating Officer of European Wax Center, disposed of securities in connection with the company’s merger. On 2026-05-08 she had 125,000 shares converted/disposed at $5.80 per share for $725,000. In addition, three derivative/award line items covering 195,000, 135,000 and 135,000 underlying shares were disposed (reported as “N/A (Derivative)”) as part of the merger consideration.
- These transactions are disposals to the issuer under the Agreement and Plan of Merger — not open-market sales. The derivative items reflect unvested restricted stock units and certain options being converted into contingent cash awards (or cancelled if underwater) per the merger terms.
Key Details
- Transaction date: May 8, 2026. Report filed on May 12, 2026.
- Price/values: 125,000 shares at $5.80 each = $725,000. Other items reported as N/A because they were converted into contingent cash awards under the merger formula (see footnotes).
- Shares owned after transaction: Not specified in the provided filing details.
- Notable footnotes: (1) Dispositions occurred under the Merger Agreement; (2) Each Class A share converted into $5.80 cash; (3) Unvested RSUs were converted into contingent cash awards subject to the same vesting (including “double-trigger” protections); (4) Options were converted into contingent cash awards equal to the excess of $5.80 over the option exercise price (or cancelled if exercise price ≥ $5.80).
- Filing timeliness: Form filed 2026-05-12 for transactions dated 2026-05-08. No late-filing flag is provided in the supplied data.
Context
- These entries largely reflect merger consideration mechanics (conversion of shares, RSUs and options into cash or contingent cash awards), which are routine corporate transaction treatments and do not reflect an open-market decision to sell for personal reasons.
- For derivative items: converted RSUs remain subject to original vesting terms (including double-trigger protections); converted options pay only to the extent the merger price exceeded the exercise price (otherwise cancelled).
Insider Transaction Report
Form 4Exit
JASKOLSKI ANGELA MARIE
CHIEF OPERATING OFFICER
Transactions
- Disposition to Issuer
Class A Common Stock
[F1][F2][F3]2026-05-08$5.80/sh−125,000$725,000→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
[F4]2026-05-08−195,000→ 0 totalExercise: $4.66→ Class A Common Stock (195,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
[F5]2026-05-08−135,000→ 0 totalExercise: $9.00→ Class A Common Stock (135,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
[F5]2026-05-08−135,000→ 0 totalExercise: $12.00→ Class A Common Stock (135,000 underlying)
Footnotes (5)
- [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.
Signature
/s/ Thomas Kim, Attorney-in-Fact|2026-05-12