WeShop (WSHP) CFO Johnny Hickling reports 33,333 share options in Form 3 filing
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
WeShop Holdings Ltd director and Chief Financial Officer Johnny Hickling filed an initial ownership report showing a position in employee share options linked to Class A ordinary shares. The options cover 33,333 underlying shares at an exercise price of $9.64 per share and expire on December 18, 2032.
According to the vesting terms, 25% of these options will vest on August 11, 2026, with the remaining 75% vesting monthly over the following three years. This filing records Hickling’s derivative holdings and vesting schedule rather than any current share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hickling Johnny
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Share Option | -- | -- | -- |
Holdings After Transaction:
Employee Share Option — 33,333 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Underlying shares: 33,333 shares
Exercise price: $9.64 per share
Expiration date: December 18, 2032
+2 more
5 metrics
Underlying shares
33,333 shares
Class A ordinary shares underlying employee share options
Exercise price
$9.64 per share
Exercise price of employee share options
Expiration date
December 18, 2032
Option expiration date
Initial vesting tranche
25% of options
Vests on August 11, 2026
Remaining vesting
75% of options
Vests monthly over the following three years after August 11, 2026
Key Terms
Employee Share Option, Class A ordinary shares, vesting, expiration date
4 terms
vesting financial
"25% of the reported options will vest on August 11, 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.
expiration date financial
"expiration_date: "2032-12-18T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What does Johnny Hickling’s Form 3 filing for WSHP disclose?
The Form 3 discloses Johnny Hickling’s holdings of employee share options in WeShop Holdings Ltd. These options relate to 33,333 Class A ordinary shares and provide a baseline of his initial derivative ownership as a director and Chief Financial Officer.
When do Johnny Hickling’s WeShop (WSHP) options vest?
Twenty-five percent of Johnny Hickling’s options will vest on August 11, 2026. The remaining seventy-five percent will then vest monthly over the following three years, creating a gradual vesting schedule tied to his continued service with WeShop Holdings Ltd.
Do Johnny Hickling’s WeShop (WSHP) options expire, and if so when?
Yes, the employee share options disclosed by Johnny Hickling have an expiration date of December 18, 2032. If the options are not exercised by that date, they will lapse under the terms of the option agreement and related equity plan.
Does this WeShop (WSHP) Form 3 show any insider buying or selling?
The Form 3 does not report any open-market buying or selling of WeShop shares. It records Hickling’s existing employee share option position and its vesting and expiration terms, serving as an initial ownership statement rather than a transaction report.