WeShop (WSHP) Head of Finance reports 16,667 employee share options with 2032 expiry
Rhea-AI Filing Summary
WeShop Holdings Ltd insider Matthew Craig Behan, Head of Finance, reported an initial holding of employee share options on a Form 3. These options allow him to acquire up to 16,667 Class A ordinary shares at an exercise price of $9.6400 per share.
The options expire on December 18, 2032. According to the vesting terms, 25% of the options will vest on July 9, 2026, and the remaining 75% will vest monthly over the following three years, reflecting a long-term incentive structure.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Behan Matthew Craig
Role
Head of Finance
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Share Option | -- | -- | -- |
Holdings After Transaction:
Employee Share Option — 16,667 shares (Direct)
Footnotes (1)
- F1. 25% of the reported options will vest on July 9, 2026, and 75% will vest monthly over the following three years.
Key Figures
Underlying shares: 16,667 shares
Exercise price: $9.6400 per share
Option expiration: December 18, 2032
+1 more
4 metrics
Underlying shares
16,667 shares
Underlying Class A ordinary shares for reported employee share options
Exercise price
$9.6400 per share
Exercise price of employee share options
Option expiration
December 18, 2032
Expiration date of employee share options
Initial vesting tranche
25% on July 9, 2026
First vesting event for reported options
Key Terms
Employee Share Option, Class A ordinary shares, exercise price, vesting
4 terms
exercise price financial
"conversion_or_exercise_price: "9.6400""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"25% of the reported options will vest on July 9, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did WeShop (WSHP) insider Matthew Craig Behan report on this Form 3?
Matthew Craig Behan, Head of Finance at WeShop Holdings Ltd, reported an initial holding of employee share options. These options relate to 16,667 Class A ordinary shares and establish his baseline equity-linked position as an officer of the company.
What is the exercise price of Matthew Behan’s WeShop (WSHP) options?
The employee share options have an exercise price of $9.6400 per Class A ordinary share. This means Behan must pay $9.6400 for each share when exercising the options, provided they have vested and are not expired.
When do Matthew Behan’s WeShop (WSHP) options vest?
According to the vesting schedule, 25% of the options vest on July 9, 2026. The remaining 75% vest in monthly installments over the following three years, creating a multi-year incentive tied to continued service.