Mister Car Wash, Inc.·4/A

May 19, 7:22 PM ET

Leonard Green & Partners, L.P. 4/A

Research Summary

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Mister Car Wash (MCW) 10% Holder Green Equity Sells Shares

What Happened
Green Equity Investors VI, L.P. (a reported 10% holder) disposed of multiple blocks of Mister Car Wash, Inc. (MCW) common stock on 2026-05-19 at $7.00 per share. The reported disposals were: 134,812,845 shares ($943,689,915), 80,348,253 shares ($562,437,771), 315,683 shares ($2,209,781), and 3,736,298 shares ($26,154,086), for total proceeds of approximately $1.534 billion. These transactions are reported as "other acquisition or disposition (J)" and occurred in connection with a Merger and related Contribution Agreement.

Key Details

  • Transaction date and price: 2026-05-19 at $7.00 per share.
  • Shares disposed (by line): 134,812,845; 80,348,253; 315,683; 3,736,298. Total ≈ 249,213,079 shares; total value ≈ $1,534,491,553.
  • Reason/footnotes: Transactions were in connection with the Agreement and Plan of Merger (Feb 17, 2026) and a Contribution Agreement — certain shares were contributed to Parent and cancelled or converted per the Merger terms (see F1–F4, F10–F13).
  • Ownership after transaction: Filing indicates shares were canceled/converted as part of the transaction; the amendment checks the box that the reporting persons are no longer subject to Section 16.
  • Filing status: This is an amended Form 4 filed to reflect the change in Section 16 status; document does not indicate a late trade filing flag.

Context

  • These were institutional-level disposals tied to a corporate merger/recapitalization, not routine open-market sales by an individual executive. Several affiliated entities and LGP-related partners are referenced in the footnotes; Messrs. Danhakl, Seiffer, Galashan and Suer are board members/partners affiliated with the reporting group and may be deemed to represent the group's interests.
  • For retail investors: merger-related cancellations and contributions typically reflect deal consideration rather than trading sentiment by an individual insider.