WW International, Inc. Schedule 13G shows Fund 1 Investments, LLC beneficially owns 779,629 shares of Common Stock, representing 7.80% of the class.
The filing states these shares are held by private investment vehicles advised by Pleasant Lake Partners LLC, with Fund 1 Investments, LLC as managing member and Jonathan Lennon as managing member. The ownership percentage is calculated using 9,996,468 shares outstanding as of February 25, 2026.
Positive
None.
Negative
None.
Insights
Beneficial stake disclosed via Schedule 13G; voting and disposition are shared.
The filing documents a 7.80% beneficial position held through private vehicles with shared voting and dispositive power of 779,629 shares. The reporting structure names Fund 1 Investments, LLC and Pleasant Lake Partners LLC as adviser.
Key dependencies include any changes to the funds' ownership or voting arrangements and subsequent filings that would convert this passive disclosure into an active (Schedule 13D) status.
Disclosure clarifies share count basis and ownership chain.
The filing ties the percentage to the issuer's disclosed outstanding shares as of February 25, 2026 and explains that shares are held by funds advised by Pleasant Lake Partners LLC, with Fund 1 Investments, LLC serving as managing member.
Subsequent SEC filings would provide updates if the position changes or if the holder shifts from passive to active involvement.
Key Figures
Shares beneficially owned:779,629 sharesPercent of class:7.80%Shares outstanding (basis):9,996,468 shares
3 metrics
Shares beneficially owned779,629 sharesReported by Fund 1 Investments, LLC
Percent of class7.80%Calculated using shares outstanding as of February 25, 2026
Shares outstanding (basis)9,996,468 sharesIssuer's Annual Report on Form 10-K (as of February 25, 2026)
Key Terms
Schedule 13G, Beneficial ownership, Shared dispositive power
3 terms
Schedule 13Gregulatory
"Item 1. Name of issuer and filing type appears at top of the excerpt"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
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.
Shared dispositive powerregulatory
"(iv) Shared power to dispose or to direct the disposition of: 779,629"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
WW INTERNATIONAL, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
98262P200
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
98262P200
1
Names of Reporting Persons
Fund 1 Investments, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
779,629.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
779,629.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
779,629.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.8 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: (Limited Liability Company)
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
WW INTERNATIONAL, INC.
(b)
Address of issuer's principal executive offices:
18 West 18th Street, 7th Floor, New York, New York, 10011
Item 2.
(a)
Name of person filing:
Fund 1 Investments, LLC
(b)
Address or principal business office or, if none, residence:
100 Carr 115 Unit 1900
Rincon, Puerto Rico 00677
(c)
Citizenship:
Delaware
(d)
Title of class of securities:
Common Stock
(e)
CUSIP Number(s):
98262P200
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
779,629
(b)
Percent of class:
7.80 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
779,629
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
779,629
Shares reported herein for Fund 1 Investments, LLC are held by private investment vehicles for which Pleasant Lake Partners LLC serves as investment adviser. Fund 1 Investments, LLC serves as managing member of Pleasant Lake Partners LLC. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest therein.
All percentages reported herein with respect to the Reporting Person's holdings are calculated based upon a statement in the Issuer's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as filed with the Securities and Exchange Commission on March 16, 2026, that there were 9,996,468 shares of Common Stock of the Issuer outstanding as of February 25, 2026.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
See Item 4.
The Funds have the right to receive and/or the power to direct the receipt of dividends from, or the proceeds from the sale of, more than five percent of the Common Stock of the Issuer.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Item 4.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What stake does Fund 1 Investments, LLC report in WW (WW)?
Fund 1 Investments, LLC reports beneficial ownership of 779,629 shares, equal to 7.80% of WW's Common Stock, based on 9,996,468 shares outstanding as of February 25, 2026.
How is Fund 1 Investments' ownership held and who advises the funds?
The shares are held by private investment vehicles for which Pleasant Lake Partners LLC serves as investment adviser; Fund 1 Investments, LLC is the managing member and Jonathan Lennon is its managing member.
Does the filing indicate sole voting or dispositive power over the WW shares?
The filing indicates 0 shares of sole voting or dispositive power and 779,629 shares of shared voting and shared dispositive power for the reporting person.
What outstanding share count does the filing use to calculate the percentage?
The filing uses the Issuer's Annual Report statement that there were 9,996,468 shares outstanding as of February 25, 2026 to calculate the 7.80% figure.
Does this Schedule 13G indicate activism or control intentions?
This Schedule 13G is a passive beneficial ownership disclosure showing shared voting/dispositive power for 779,629 shares; it does not itself state activist intentions or control actions.
