WeShop (NASDAQ: WSHP) executive details share and option stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
WeShop Holdings Ltd executive John B. Garner filed a Form 3 disclosing his initial ownership in the company. He indirectly has 773,822 Class A ordinary shares through Max Capital Limited, where he shares voting and dispositive power and disclaims full beneficial ownership beyond his economic interest.
He also directly holds 523,357 Class A ordinary shares. In addition, he has a Performance Incentive Grant Option over 2,476,643 Class A ordinary shares at an exercise price of $9.64 per share, which became exercisable on March 18, 2026 and expires on November 14, 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Garner John B.
Role
Head of Strategy and Vision
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Incentive Grant Option | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Performance Incentive Grant Option — 2,476,643 shares (Direct, null);
Class A ordinary shares — 523,357 shares (Direct, null);
Class A ordinary shares — 773,822 shares (Indirect, By Max Capital Limited)
Footnotes (1)
- The Reporting Person shares voting and dispositive power over the securities held by Max Capital Limited (the "Company"). As such, the Reporting Person may be deemed to beneficially own all of the shares held by the Company; however, the Reporting Person disclaims beneficial ownership of the shares held by the Company except to the extent of his pecuniary interest therein. The reported options became exercisable on March 18, 2026.
Key Figures
Indirect Class A shares: 773,822 shares
Direct Class A shares: 523,357 shares
Performance option underlying shares: 2,476,643 shares
+3 more
6 metrics
Indirect Class A shares
773,822 shares
Held through Max Capital Limited; indirect ownership
Direct Class A shares
523,357 shares
Direct ownership reported on Form 3
Performance option underlying shares
2,476,643 shares
Underlying Class A ordinary shares for incentive option
Option exercise price
$9.64 per share
Exercise price for Performance Incentive Grant Option
Option exercisability date
March 18, 2026
Date option became exercisable
Option expiration date
November 14, 2030
Scheduled expiration of Performance Incentive Grant Option
Key Terms
Performance Incentive Grant Option, beneficially own, disclaims beneficial ownership, voting and dispositive power
4 terms
Performance Incentive Grant Option financial
"The reported options are described as a Performance Incentive Grant Option over Class A ordinary shares."
beneficially own financial
"The Reporting Person may be deemed to beneficially own all of the shares held by the Company."
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
disclaims beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the shares held by the Company except to the extent of his pecuniary interest therein."
voting and dispositive power financial
"The Reporting Person shares voting and dispositive power over the securities held by Max Capital Limited."
FAQ
What does the WeShop (WSHP) Form 3 filing by John B. Garner show?
The Form 3 shows John B. Garner’s initial ownership in WeShop. He reports indirect holdings via Max Capital Limited, direct Class A ordinary shares, and a large performance incentive option position with a defined exercise price and expiration date.
What are the key terms of John B. Garner’s WeShop (WSHP) option grant?
Garner holds a Performance Incentive Grant Option over 2,476,643 Class A ordinary shares at an exercise price of $9.64 per share. The option became exercisable on March 18, 2026 and is scheduled to expire on November 14, 2030.
What role does John B. Garner hold at WeShop (WSHP)?
The Form 3 identifies John B. Garner as an officer of WeShop with the title “Head of Strategy and Vision.” This role indicates he is part of the company’s senior management team rather than serving as a director or ten percent owner in this filing.