DANHAKL JOHN G 4
Research Summary
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Mister Car Wash (MCW) 10% Owner John G. Danhakl Sells Shares
What Happened John G. Danhakl, reported as a 10% owner, reported a disposition of 219,213,079 shares of Mister Car Wash, Inc. common stock on 2026-05-19. The report lists a per-share amount of $7.00, for a total value of approximately $1,534,491,553. The disposition occurred in connection with a merger and related contribution agreements; the reported shares were cancelled or otherwise extinguished as part of the transaction rather than being an open-market sale.
Key Details
- Transaction date and price: 2026-05-19 at $7.00 per share (total ≈ $1.534B).
- Shares disposed/cancelled: 219,213,079 shares (sum of shares held by affiliated entities).
- Shares owned after transaction: the filing reports the 219,213,079 shares were cancelled as part of the Transaction; no remaining post-transaction common-stock amount is specified for the Reporting Person in this Form 4.
- Notable footnotes:
- F1–F3: Disposition occurred under an Agreement and Plan of Merger (Feb 17, 2026) and related Contribution Agreement; shares held by Green Equity entities and LGP associates were cancelled.
- F5: Danhakl may be deemed the indirect beneficial owner of shares held by GEI VI, GEI Side VI, Associates VI-A and VI-B (basis for 10% status).
- F6: Danhakl disclaims beneficial ownership except to the extent of any pecuniary interest.
- Timeliness: Reported and filed with period-date 2026-05-19; not indicated as late.
Context This was a merger- and contribution-related disposition involving private-equity affiliated holders (Green Equity Investors and LGP associates), not an open-market sale by an executive. For retail investors, that means the filing reflects a corporate transaction (cancellation/conversion of shares under the merger) rather than a personal portfolio decision by the insider. The filing is informational about ownership changes tied to the deal structure; it should not be interpreted as a typical insider buy/sell signal.