European Wax Center, Inc.·4

May 12, 4:44 PM ET

JASKOLSKI ANGELA MARIE 4

Research Summary

AI-generated summary

Updated

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).