European Wax Center, Inc. Reveals Inducement Grants in Accordance with Nasdaq Listing Rule 5635(c)(4)
New Executive Appointments: European Wax Center appointed Angela Jaskolski as Chief Operating Officer and Kurtis Smith as Chief Development Officer, effective August 18 and August 14, 2025, respectively.
Stock Grants for Executives: The Board approved significant stock grants for both executives, including restricted stock units (RSUs) and non-qualified stock options, as part of the Company’s 2025 Inducement Plan.
Vesting Conditions: The RSUs for Jaskolski will vest over four years, while her stock options will fully vest after four years. Similarly, Smith's RSUs will vest in equal installments over four years, with his options also vesting fully after four years.
Company Overview: European Wax Center is a leading franchisor of waxing services in the U.S., operating over 1,000 centers and generating $951 million in sales in fiscal 2024, known for its innovative waxing products and customer care values.
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