Goldman Laurie Ann 4
4 · European Wax Center, Inc. · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
European Wax Center (EWCZ) Director Laurie Ann Goldman Sells 65,190 Shares
What Happened
- Laurie Ann Goldman, a director of European Wax Center, disposed of 65,190 shares on 2026-05-08. The shares were disposed to the issuer as part of the company’s merger and converted at $5.80 per share, for a cash value of $378,102. The transaction is coded as a disposition to the issuer (D), not an open-market sale.
Key Details
- Transaction date: 2026-05-08; Filing date: 2026-05-12 (timely filed).
- Price: $5.80 per share; Proceeds: $378,102.
- Shares disposed: 65,190.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: Disposition occurred under the Merger Agreement; Class A shares converted to $5.80 each; Class B shares converted to $0.00001 each; unvested RSUs were converted to contingent cash awards subject to original vesting conditions (including double-trigger protection).
- Exhibit included: 24.1 Power of Attorney.
Context
- This was a merger-related conversion/disposition (cash-out) rather than an open-market sale, meaning the shares were converted into cash per the merger terms. Converted cash awards from unvested RSUs remain subject to their original vesting and “double trigger” protections. As always, such merger-driven dispositions reflect deal terms rather than a straightforward trading signal about the insider’s view of the stock.
Insider Transaction Report
Form 4Exit
Goldman Laurie Ann
Director
Transactions
- Disposition to Issuer
Class A Common Stock
[F1][F2][F3]2026-05-08$5.80/sh−65,190$378,102→ 0 total
Footnotes (3)
- [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.
Signature
/s/ Thomas Kim, Attorney-in-Fact|2026-05-12