Soho House CEO rolls equity in $9 merger deal
Soho House & Co Inc. Chief Executive Officer Andrew Carnie reported changes in his holdings tied to the company’s go-private merger.
Rhea-AI Filing Summary
Soho House & Co Inc. Chief Executive Officer Andrew Carnie reported changes in his holdings tied to the company’s go-private merger. On January 29, 2026, a merger closed in which EH MergerSub Inc. combined with Soho House, with Soho House surviving as a subsidiary of EH Parent LLC, an affiliate of The Yucaipa Companies.
In this transaction, 441,590 shares of Class A common stock held by Carnie were cancelled and converted into the right to receive $9.00 in cash per share, before taxes. Under a separate rollover agreement, he designated 662,385 Class A shares as rollover shares, which remain outstanding following the merger.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock | 441,590 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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").
- F2. At the effective time of the Merger, and pursuant to the terms of the Merger Agreement and the Rollover and Support Agreement entered into between the Reporting Person and the Issuer (the "Rollover 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.
- F3. Pursuant to the terms of the Rollover Agreement, the Reporting Person agreed to irrevocably designate these remaining shares of Class A common stock as "Rollover Shares," which remain outstanding following the Merger.
FAQ
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What does the Form 4 for Soho House (SHCO) report about Andrew Carnie?
What merger transaction triggered this Soho House (SHCO) Form 4 filing?
What is Andrew Carnie’s role at Soho House (SHCO) in this transaction?
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