Schwerin Ben 4

What Happened

• Ben Schwerin, a director of Soho House & Co. Inc. (SHCO), reported the conversion/exercise of 14,175 derivative units on January 16, 2026. The filing shows an acquisition of 14,175 shares by exercise/conversion (transaction code M) and a corresponding disposition of 14,175 derivative units at $0.00. Footnotes state each RSU represents the right to one share and that these RSUs vested 100% on January 16, 2026.

Key Details

• Transaction date: 2026-01-16 (reported on Form 4 filed 2026-01-20, accession 0000905148-26-000247)
• Transaction type/code: Exercise/conversion of derivative (M)
• Shares acquired: 14,175 common shares
• Disposed: 14,175 derivative units at $0.00 (per filing)
• Footnotes: F1—each RSU equals one share; F2—RSUs vested 100% on 2026-01-16
• Amount owned following the transaction: Not specified in the provided filing excerpt
• Filing timeliness: Form 4 was filed Jan 20, 2026 covering the Jan 16 transaction (filed within the normal reporting window)

Context

• This was not a cash purchase or sale of shares on the open market; it reflects RSUs vesting and converting into common stock (a routine compensation event). The $0.00 disposition reflects conversion of the derivative award rather than a market sale. Such awards are common for executives and directors and do not, by themselves, indicate a buy or sell signal.