KIRK RONALD 4

What Happened

• Kirk Ronald, a director of Mister Car Wash, reported exercising/converting derivative awards and surrendering common stock and awards in connection with the company’s merger. The filing shows 14,144 shares from derivative conversions and 53,479 shares surrendered to the issuer, for a total of 67,623 shares converted/cancelled. Under the merger terms, each share was converted into $7.00 in cash, so the transactions produced approximately $473,361 in cash consideration (67,623 × $7.00). These were not open-market sales but merger-related conversions/cancellations.

Key Details

• Transaction date: 2026-05-19 (reported same day).
• Transaction codes: M = exercise/conversion of derivative (14,144 shares), D = disposition to issuer (53,479 shares); total affected = 67,623 shares.
• Price/value: Merger consideration = $7.00 per share; total cash ≈ $473,361.
• Shares owned after the transaction: not specified in the Form 4; the merger cancelled outstanding shares and converted them to cash, so common shares were likely eliminated.
• Footnotes: F1 describes the February 17, 2026 Merger Agreement and that outstanding common shares were cancelled for $7.00 cash. F2 states restricted stock units fully vested and were converted into a lump-sum cash payment equal to $7.00 × number of shares.
• Timeliness: Filing date and period of report are both 2026-05-19, indicating a timely report.

Context

• These transactions are merger-driven conversions/cash settlements (not standard open-market buys or sells). For derivative/award lines, the filing indicates exercises/conversions followed by cancellation for merger consideration (a cash-out), which is a routine corporate event rather than a trading signal about insider sentiment.