Company: MCW
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0000950170-25-052554
Chunk: 41

Company: Mister Car Wash, Inc.
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 41
---
 CEO’s equity award, the Board, reviews and approves the value and amount of the equity compensation (including stock options) to be awarded to executive officers. The grant of approved equity awards then occurs roughly a week after the Company’s annual meeting of stockholders, following public disclosure of the voting results from such annual meeting. The Committee does not take material nonpublic information into account when determining the timing and terms of equity compensation awards. We have not timed the disclosure of material nonpublic information to affect the value of executive compensation. No off-cycle stock option awards were granted to NEOs in fiscal year 2024. During fiscal year 2024, we did not grant equity awards to our NEOs during the four business days prior to or the one business day following the filing of our periodic reports or the filing or furnishing of a Form 8-K that discloses material nonpublic information.

| 28 |     | 2025 Proxy Statement |

Compensation Discussion and Analysis

Specifically, in June 2024, we made the following grants of stock options and RSUs to each of the NEOs in the table below:

| Name            | Number of Shares Underlying Stock Options |         |     | Number of RSUs |         |
| John Lai        |                                           | 563,380 |     |                | 284,495 |
| Jedidiah Gold   |                                           | 123,239 |     |                |  62,233 |
| Mary Porter     |                                           |  35,211 |     |                |  17,780 |
| Joseph Matheny  |                                           |  35,211 |     |                |  17,780 |
| Markus Hartmann |                                           |  35,211 |     |                |  17,780 |
| Mayra Chimienti |                                           |  35,211 |     |                |  17,780 |

The target annual grant values for each of the NEOs are as follows: Mr. Lai and Mr. Gold are determined by the Board each year following consideration of the factors set forth above in “Determination of Executive Compensation”; Ms. Porter - $250,000; Mr. Matheny - $250,000; Mr. Hartmann - $250,000, and Ms. Chimienti - $250,000. Retirement Savings, Health, and Welfare Benefits We currently maintain a 401(k) retirement savings plan for our employees, including our named executive officers, who satisfy certain eligibility