WeShop exec exercises options for 69,830 shares
WeShop Holdings Ltd executive John B. Garner, Head of Strategy and Vision, exercised a Performance Incentive Grant Option into 69,830 Class A ordinary shares on 2026-07-30 at $9.64 per share.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
WeShop Holdings Ltd executive John B. Garner, Head of Strategy and Vision, exercised a Performance Incentive Grant Option into 69,830 Class A ordinary shares on 2026-07-30 at $9.64 per share. After the exercise he directly held 691,734 Class A shares and 2,308,266 Performance Incentive Grant Options, plus 773,822 shares held indirectly via Max Capital Limited, for which he disclaims beneficial ownership.
Insider Trade Summary
69,830 shares exercised/converted
Exercise
2 txns
Insider
Garner John B.
Role
Head of Strategy and Vision
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Incentive Grant Option | 69,830 | $0.00 | $0.00 |
| Exercise | Class A ordinary shares | 69,830 | $9.64 | $673K |
| Holding | Class A ordinary shares F1 | -- | -- | -- |
Holdings After Transaction:
Performance Incentive Grant Option — 2,308,266 contracts (Direct);
Class A ordinary shares — 691,734 shares (Direct);
Class A ordinary shares — 773,822 shares (Indirect, By Max Capital Limited)
Footnotes (1)
- F1. The reported securities are held by Max Capital Limited ("Max Capital"). Voting and dispositive power with respect to the reported securities held by Max Capital is exercised by a committee of three, including the Reporting Person, none of whom individually has the power to direct such decisions. As such, the Reporting Person disclaims beneficial ownership of the securities held by Max Capital.
Key Figures
Options exercised: 69,830 shares
Exercise price: $9.64 per share
Direct share holdings after: 691,734 shares
+3 more
6 metrics
Options exercised
69,830 shares
Performance Incentive Grant Option into Class A ordinary shares on 2026-07-30
Exercise price
$9.64 per share
Exercise of Performance Incentive Grant Option into Class A ordinary shares
Direct share holdings after
691,734 shares
Class A ordinary shares directly owned by John B. Garner after the exercise
Remaining option holdings
2,308,266 options
Performance Incentive Grant Options remaining after the 69,830-share exercise
Indirect holdings via Max Capital
773,822 shares
Class A ordinary shares held by Max Capital Limited; Garner disclaims beneficial ownership
Option expiration date
2030-11-14
Expiration of the Performance Incentive Grant Option series exercised in part on 2026-07-30
Key Terms
Performance Incentive Grant Option, derivative security, beneficial ownership, voting and dispositive power
4 terms
Performance Incentive Grant Option financial
"Security title listed as Performance Incentive Grant Option for derivative transaction"
derivative security financial
"Transaction code M described as Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the securities held by Max Capital"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
voting and dispositive power financial
"Voting and dispositive power with respect to the reported securities held by Max Capital"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did John B. Garner report for WeShop Holdings (WSHP)?
John B. Garner exercised a Performance Incentive Grant Option to acquire 69,830 Class A ordinary shares of WeShop Holdings at $9.64 per share on 2026-07-30, converting derivative awards into directly held stock.
At what price were the options exercised in the WSHP insider transaction?
The options were exercised at an exercise price of $9.64 per share. This converted a Performance Incentive Grant Option into 69,830 Class A ordinary shares, moving those units from derivative form into directly owned equity.
What indirect WeShop (WSHP) holdings are associated with John B. Garner?
There are 773,822 Class A ordinary shares held indirectly through Max Capital Limited. Voting and dispositive power over these shares is exercised by a three-member committee, and Garner disclaims beneficial ownership of Max Capital’s holdings.
Does the WSHP insider filing show remaining option awards for John B. Garner?
Yes. Following the 69,830-share exercise, John B. Garner has 2,308,266 Performance Incentive Grant Options remaining. These derivative awards are tied to WeShop Class A ordinary shares and could be exercised before their 2030-11-14 expiration date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
