Soho House (SHCO) director cashed out 70,154 shares at $9.00 in merger
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Soho House & Co Inc. director Ben Schwerin reported the disposal of his remaining Class A common shares due to the company’s merger. On January 29, 2026, a merger between Soho House and EH MergerSub Inc., an affiliate of The Yucaipa Companies’ EH Parent LLC, became effective.
At the effective time of the merger, 70,154 shares of Class A common stock beneficially owned by Schwerin were cancelled and automatically converted into the right to receive $9.00 per share in cash, before taxes and without interest. Following this transaction, he reported owning 0 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schwerin Ben
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 Soho House (SHCO) disclose for director Ben Schwerin?
Soho House (SHCO) disclosed that director Ben Schwerin disposed of 70,154 Class A common shares on January 29, 2026. The shares were cancelled in connection with a merger and converted into a cash payment right of $9.00 per share.
What corporate event triggered the Form 4 filing for Soho House (SHCO)?
The Form 4 filing was triggered by the completion of a merger in which EH MergerSub Inc. merged into Soho House, with Soho House surviving. This transaction, governed by an August 15, 2025 merger agreement, caused insider Class A shares to be cancelled for cash.
Was the Soho House (SHCO) insider sale a market transaction?
The insider disposal was not a market trade but part of a structured merger. The Form 4 shows code “D” for disposition, with the 70,154 Class A shares cancelled and converted into a right to receive $9.00 per share in cash under the merger agreement.