MCW - Major Decision: Mayra Chimienti Exercises Options Realizing $243K At Mister Car Wash | Benzinga
Mayra Chimienti, Chief Operating Officer at Mister Car Wash (NYSE:MCW), reported a large exercise of company stock options on March 19, according to a new SEC filing.
What Happened: Chimienti, Chief Operating Officer at Mister Car Wash, exercised stock options for 35,000 shares of MCW stock. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday. The exercise price of the options was $0.49 per share.
Currently, Mister Car Wash shares are trading up 0.4%, priced at $7.46 during Wednesday's morning. This values Chimienti's 35,000 shares at $243,915.
About Mister Car Wash
Mister Car Wash Inc is a car wash brand offering express exterior and interior cleaning services. Express Exterior Locations offers express exterior cleaning services and Interior Cleaning Locations offers both express exterior and interior cleaning services. The company recognizes revenue in two main streams. It offers an Unlimited Wash Club (UWC) program to its customers. The UWC program entitles the customer to unlimited washes for a monthly fee, cancellable at any time. Second, revenue from the car wash and quick lube services.
Mister Car Wash's Financial Performance
Revenue Growth: Over the 3 months period, Mister Car Wash showcased positive performance, achieving a revenue growth rate ...