[144] Soho House & Co Inc. SEC Filing
Soho House & Co. Inc. (SHCO) Form 144 summary: This notice reports a proposed sale of 170,000 shares of Class A Common Stock with an aggregate market value of $1,496,000, representing part of the issuer's outstanding 53,604,734 shares. The sale is planned on the NYSE with an approximate sale date of 08/25/2025. The securities to be sold were acquired as settlements of vested restricted stock units under an S-8 registered plan, including 193,798 shares settled on 08/23/2023, 53,850 shares settled on 08/31/2022, and 89,286 shares listed with a settlement date of 08/29/2025, each described as equity compensation for services rendered. The filer reports no securities sold in the past three months and includes the standard signer representation regarding absence of undisclosed material adverse information.
- Transparency: The filing fully discloses the number of shares, aggregate market value, acquisition dates, and the NYSE listing, supporting regulatory transparency
- No recent sales: The filer reports no securities sold in the past three months, indicating this is not part of an ongoing rapid disposal
- Insider dilution/liquidity: The proposed sale of 170,000 shares represents potential insider liquidity that could modestly increase market supply
- Future acquisition date listed: The acquisition table includes a settlement date of 08/29/2025, which is after the planned sale date and may require clarification by the filer
Insights
TL;DR: A company insider proposes a modest secondary sale of 170,000 Class A shares, disclosed under Rule 144, with no recent prior sales reported.
The filing documents a Rule 144 notice for 170,000 Class A shares valued at $1.496 million and scheduled for 08/25/2025 on the NYSE. The underlying shares arise from vested RSU settlements under an S-8 plan, indicating these are equity compensation-related holdings rather than open-market purchases. The filer reports no sales in the prior three months, which suggests this is a distinct planned disposal rather than a continuation of recent selling activity. The disclosure is procedural and complies with Rule 144 notice requirements; it does not by itself change company financials or operations.
TL;DR: This Rule 144 notice discloses a planned insider sale tied to RSU settlements and contains the usual compliance attestations.
The form shows the securities originate from equity compensation (vested RSUs) under the issuer's S-8 plan, which is common for employee or insider holders converting compensation into tradable shares. The inclusion of a future RSU settlement date (08/29/2025) in the acquisition table is an explicit item in the filing and should be noted by compliance teams. The signature attestation regarding absence of undisclosed material information is present. Overall, the filing is a routine disclosure for transparency around insider liquidity, with limited governance implications beyond standard insider selling oversight.