Soho House (SHCO) director’s 70,154 shares canceled, converted to $9.00 cash in merger
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Soho House & Co Inc. director Hage Joseph Eg Heni reported the disposition of 70,154 shares of Class A common stock in connection with the company’s merger. The transaction reflects the closing mechanics of a previously agreed deal rather than an open-market trade.
On January 29, 2026, EH MergerSub Inc. merged with Soho House & Co Inc. under an Agreement and Plan of Merger dated August 15, 2025, with Soho House continuing as the surviving corporation. At the effective time of the merger, these Class A shares were cancelled and automatically converted into the right to receive $9.00 per share in cash, before taxes, leaving the director with 0 shares beneficially owned afterward.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hage Joseph Eg Heni
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock | 70,154 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 0 shares (Direct)
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 SHCO director Hage Joseph Eg Heni report?
He reported the disposition of 70,154 shares of Soho House & Co Inc. Class A common stock. The shares were cancelled in a merger and converted into a cash right, rather than being sold in an open-market transaction.
What corporate event triggered the insider Form 4 for SHCO?
The filing stems from a merger completed on January 29, 2026, in which EH MergerSub Inc. merged with Soho House & Co Inc. under an Agreement and Plan of Merger originally dated August 15, 2025.
Who acquired Soho House & Co Inc. in the merger involving SHCO?
The merger involved EH Parent LLC, an affiliate of The Yucaipa Companies LLC. Its wholly owned subsidiary EH MergerSub Inc. merged with Soho House & Co Inc., with Soho House continuing as the surviving corporation following the completion of the transaction.
Was the SHCO insider transaction an open-market sale or merger conversion?
It was a merger conversion, not an open-market sale. The 70,154 Class A shares were cancelled at the merger’s effective time and automatically converted into a right to receive $9.00 per share in cash, subject to withholding taxes.