Soho House (SHCO) CEO swaps 441,590 shares for $9 cash, rolls more
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Carnie Andrew
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock | 441,590 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 662,385 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 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. 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
What does the Form 4 for Soho House (SHCO) report about Andrew Carnie?
The Form 4 shows Andrew Carnie’s share treatment in the merger. It records cancellation of 441,590 Class A shares for cash at $9.00 per share and identifies 662,385 remaining Class A shares designated as rollover shares that stay outstanding after the merger.
What merger transaction triggered this Soho House (SHCO) Form 4 filing?
The filing reflects a merger involving EH Parent LLC and Soho House. EH MergerSub Inc., a wholly owned subsidiary of EH Parent LLC (an affiliate of The Yucaipa Companies), merged with Soho House, with Soho House continuing as the surviving corporation in the combined structure.
What is Andrew Carnie’s role at Soho House (SHCO) in this transaction?
Andrew Carnie is reported as Chief Executive Officer of Soho House. The Form 4 identifies him as an officer, not a director or 10% owner, and details how his Class A common stock was split between cash settlement and rollover shares in the completed merger.