Hamad KH. K. Al-Thani Almaiyasa 4
Research Summary
AI-generated summary
Soho House (SHCO) Director Hamad Al‑Thani Sells 70,154 Shares
What Happened
Hamad KH. K. Al‑Thani Almaiyasa, a director of Soho House & Co. Inc. (SHCO), had 70,154 shares of the issuer's Class A common stock cancelled and converted into cash as part of a merger. Under the Merger Agreement, those shares were converted at $9.00 per share, yielding approximately $631,386 (before any applicable withholding taxes). This was a disposition to the issuer in connection with the Merger (not an open‑market sale).
Key Details
- Transaction date: January 29, 2026 (effective time of the Merger)
- Filing date: February 2, 2026 (filed within the SEC two‑business‑day window)
- Shares affected: 70,154 Class A shares cancelled and converted
- Conversion price / proceeds: $9.00 per share; total ≈ $631,386 (subject to withholding)
- Transaction code: D (Disposition to issuer)
- Footnotes: F1 — Merger of Merger Sub into the Issuer per Merger Agreement; F2 — shares cancelled and automatically converted into $9.00 cash per share, subject to withholding
- Shares owned after transaction: These Class A shares were cancelled; the Form 4 does not report remaining holdings in other securities
Context
This was a merger‑related conversion of stock into cash under the parties' Merger Agreement, not a voluntary market sale or purchase. Such corporate‑action dispositions reflect transaction terms rather than the insider’s trading intent.