Delahunt Alice 4
Research Summary
AI-generated summary
Soho House (SHCO) Director Alice Delahunt Sells 70,154 Shares
What Happened
Alice Delahunt, a director of Soho House & Co. Inc. (SHCO), had 70,154 shares of the company's Class A common stock disposed of to the issuer on January 29, 2026 as part of a merger. Per the merger terms, the shares were cancelled and converted into cash at $9.00 per share, for total proceeds of $631,386 (before applicable withholding).
Key Details
- Transaction date: January 29, 2026 (reported on Form 4 filed February 2, 2026 — filing appears timely).
- Reported transaction type: Disposition to issuer (code D); Form 4 shows price as N/A, but footnote states cash consideration of $9.00 per share.
- Shares involved: 70,154 shares cancelled. Total cash received: 70,154 × $9.00 = $631,386.
- Shares owned after transaction: Not reported on the transaction line; these specific shares were cancelled in the merger.
- Footnotes: F1 = Merger of a subsidiary into the issuer; F2 = automatic conversion of shares into $9.00 per share cash, without interest and subject to withholding taxes.
- Not an open-market sale — transaction resulted from the merger agreement, not a discretionary sale by the director.
Context
This was a merger-related cancellation of stock, not a voluntary market sale or purchase. Such dispositions reflect contract terms of the merger (consideration paid to shareholders) rather than a director signaling a view on the company’s prospects.