Soho House (SHCO) director Andrew Sasson has 30,643 shares cashed out in $9 merger
Rhea-AI Filing Summary
Soho House & Co Inc. director Andrew Sasson reported the cash-out of his Class A shares in connection with the company’s merger. On January 29, 2026, 30,643 shares of Class A common stock were cancelled in the transaction.
Under the Merger Agreement among Soho House, EH Parent LLC and EH MergerSub Inc., each cancelled Class A share was automatically converted into the right to receive $9.00 per share in cash, without interest and subject to applicable withholding taxes. Following this merger-related cancellation, Sasson reported owning zero Class A shares directly.
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Insights
Director’s Soho House equity is fully cashed out at $9.00 per share through the completed merger.
This Form 4 shows Andrew Sasson, a director of Soho House & Co Inc., having 30,643 Class A common shares cancelled as part of a merger completed on January 29, 2026. The shares are coded as a disposition tied to the corporate transaction, not an open-market trade.
Each cancelled share converts into a right to receive $9.00 in cash, subject to withholding taxes, which implies a cash-only consideration for this equity block. After this event, Sasson reports holding zero Class A shares directly, aligning with the issuer being taken over and continuing as the surviving corporation under new ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock | 30,643 | $0.00 | -- |
Footnotes (1)
- On January 29, 2026, pursuant to the terms of that certain Agreement and Plan of Merger, dated as of August 15, 2025 (the "Merger Agreement"), by and among the Issuer, EH Parent LLC, a Delaware limited liability company and an affiliate of The Yucaipa Companies LLC, a Delaware limited liability company ("Parent"), and EH MergerSub Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("Merger Sub"), Merger Sub merged with and into the Issuer, with the Issuer continuing as the surviving corporation (the "Merger"). At the effective time of the Merger, and pursuant to the terms of the Merger Agreement, these shares of the Issuer's Class A common stock were cancelled and automatically converted into the right to receive $9.00 per share in cash, without interest thereon and subject to applicable withholding taxes.
FAQ
What insider transaction did Andrew Sasson report for Soho House (SHCO)?
Andrew Sasson reported the cancellation of 30,643 Class A common shares of Soho House & Co Inc. on January 29, 2026. These shares were eliminated as part of a merger, rather than sold in the open market, and converted into a fixed cash payment per share.
What corporate event triggered Andrew Sasson’s Form 4 filing for Soho House (SHCO)?
The filing was triggered by a merger in which EH MergerSub Inc. merged into Soho House & Co Inc. on January 29, 2026. Under the Merger Agreement, Soho House continued as the surviving corporation and existing Class A shares were cashed out at $9.00 each.
Was Andrew Sasson’s Soho House (SHCO) transaction an open-market sale?
No, the transaction was not an open-market sale. Sasson’s 30,643 Class A shares were cancelled and automatically converted into a cash right of $9.00 per share as part of a completed merger, rather than sold through normal trading on an exchange.
What entities were involved in the Soho House (SHCO) merger impacting this Form 4?
The merger involved Soho House & Co Inc., EH Parent LLC (an affiliate of The Yucaipa Companies LLC) and EH MergerSub Inc., a wholly owned subsidiary of EH Parent LLC. MergerSub merged into Soho House, with Soho House continuing as the surviving corporation.