Merger cashes out Soho House (NYSE: SHCO) director’s 91,654 shares at $9
Rhea-AI Filing Summary
Soho House & Co Inc. director Yusef Jackson reported the disposition of 91,654 shares of Class A common stock in connection with a merger. The filing shows all 91,654 shares were cancelled on January 29, 2026 and converted into the right to receive $9.00 per share in cash, subject to applicable withholding taxes.
The transaction occurred when EH MergerSub Inc., a wholly owned subsidiary of EH Parent LLC (an affiliate of The Yucaipa Companies LLC), merged with Soho House & Co Inc., leaving Soho House as the surviving corporation. Following this cash-out merger, Jackson reported owning 0 shares of Class A common stock.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 91,654 shares
Net Sell
1 txn
Insider
Jackson Yusef
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock | 91,654 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 0 shares (Direct)
Footnotes (2)
- 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, 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.
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FAQ
What insider transaction did Soho House (SHCO) disclose in this Form 4?
The Form 4 reports that director Yusef Jackson disposed of 91,654 shares of Soho House Class A common stock. The shares were cancelled in a merger and converted into a right to receive $9.00 per share in cash instead of being held as stock.
Was the Soho House (SHCO) insider transaction an open-market sale?
No, the Form 4 indicates the shares were not sold on the open market. Instead, Jackson’s 91,654 shares were cancelled in a merger and automatically converted into a right to receive $9.00 per share in cash, as specified in the merger agreement.
What role does Yusef Jackson hold at Soho House (SHCO)?
Yusef Jackson is listed as a director of Soho House & Co Inc. on the Form 4. The filing shows his director status and records that his reported holdings of 91,654 Class A shares were fully cashed out through the merger transaction at $9.00 per share.