During the fiscal quarter ended March 31, 2024, none of the directors or officers of Mister Car Wash, Inc. (the "Company") informed the Company of the adoption or termination of a "Rule 10b5-1 trading arrangement" or "non-Rule 10b5-1 trading arrangement," as those terms are defined in Regulation S-K, Item 408, except as described below:
On March 15, 2024, Jed Gold, Chief Financial Officer, adopted a new Rule 10b5-1 trading arrangement in addition to his existing previously announced Rule 10b5-1 trading arrangement, which will expire on August 23, 2024. Mr. Gold entered into his new trading arrangement during an open window period under the Company's Insider Trading Compliance Policy. The trading arrangement is intended to satisfy the affirmative defense of Rule 10b5-1(c) and provides for the potential sale of up to 1,690,364 shares of the Company's common stock until August 15, 2025.
On March 12, 2024, Mayra Chimienti, Chief Operating Officer, adopted a Rule 10b5-1 trading arrangement which provides for the potential sale of up to 99,031 shares of the Company's common stock until June 20, 2025. The JMC Familia Trust (the "Trust"), for which Ms. Chimienti is deemed to have beneficial ownership of the shares of the Company's common stock owned by the Trust, entered into a Rule 10b5-1 trading arrangement on March 15, 2023, which will expire on June 21, 2024. Ms. Chimienti's Rule 10b5-1 trading arrangement provides for the potential sale of up to 130,368 shares of the Company's common stock until June 20, 2025. These Rule 10b5-1 trading arrangements were entered into during an open window period under the Company's Insider Trading Compliance Policy and are intended to satisfy the affirmative defense of Rule 10b5-1(c).
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Mister Car Wash, Inc. is a car wash company. The Company is engaged in offering express exterior cleaning services, with interior cleaning services at select locations, across approximately 476 car wash locations in 21 states. Its car wash locations consist of two formats: Express Exterior Locations and Interior Cleaning Locations. All locations offer express exterior wash packages and have exterior-only lanes. Its every wash includes its T3 Cleaning Conditioner, Wheel Cleaner, and Dynamic Dry system. Express Exterior Locations offer self-drive exterior cleaning services and include free vacuums available for customer use. Interior Cleaning Locations offer exterior and interior cleaning services, including vacuuming by its team members. It offers a monthly subscription program, Unlimited Wash Club (UWC), as a flexible, quick and convenient option for customers to keep their cars clean. It serves a diverse mix of customers, which include individual retail customers and UWC Members.