WeShop executive exercises 25,933 share options
WeShop Holdings Ltd executive Garner John B., Head of Strategy and Vision, reported an option exercise involving Class A ordinary shares.
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Rhea-AI Filing Summary
WeShop Holdings Ltd executive Garner John B., Head of Strategy and Vision, reported an option exercise involving Class A ordinary shares. He exercised a Performance Incentive Grant Option to acquire 25,933 Class A ordinary shares at $9.64 per share, increasing his direct share ownership.
Following the transaction, he holds 549,290 Class A ordinary shares directly and 2,450,710 Performance Incentive Grant Options as a derivative position. A separate 773,822 Class A ordinary shares are held by Max Capital Limited; he is a member of this entity but disclaims beneficial ownership and has no voting or dispositive power over those shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Incentive Grant Option | 25,933 | $0.00 | $0.00 |
| Exercise | Class A ordinary shares | 25,933 | $9.64 | $250K |
| holding | Class A ordinary shares | -- | -- | -- |
Footnotes (1)
- F1. The reported securities are held by Max Capital Limited ("Max Capital"). Although a member of Max Capital, the Reporting Person does not have the power to direct voting or dispositive decisions and so disclaims beneficial ownership of the securities held by Max Capital.
Key Figures
Key Terms
Performance Incentive Grant Option financial
derivative security financial
beneficial ownership financial
dispositive decisions financial
FAQ
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What insider activity did WeShop (WSHP) report for Garner John B.?
What is the size and price of the options exercised in this WeShop (WSHP) filing?
What is Max Capital Limited’s role in the WeShop (WSHP) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.