GOLDMAN SACHS & CO. LLC 4
Research Summary
AI-generated summary
Soho House (SHCO) — Goldman Sachs (10% Owner) Sells 1.67M Shares
What Happened
Goldman Sachs (reported as a group of affiliated entities and a 10% owner of Soho House & Co Inc., SHCO) recorded a disposition of 1,666,666 Class A shares on January 29, 2026. The shares were canceled and converted to cash under the Agreement and Plan of Merger, receiving $9.00 per share for a total of $14,999,994. This was not an open-market trade but a merger consideration payout.
Key Details
- Transaction date: 2026-01-29; transaction code: S (sale/disposition via merger).
- Price and value: $9.00 per share; total proceeds $14,999,994.
- Shares canceled (converted to cash) by each reporting fund: BSPI 122,404; West Street Fund I 609,920; West Street Fund I-(C) 59,930; WSSS Fund W 750,838; WSSS Fund X 28,276; WSSS Fund I 31,784; WSSS Fund U 33,975; West Street CT PCP 29,539.
- Shares held after the Merger (combined across reporting funds): 13,859,953 shares (breakdown: BSPI 1,017,906; West Street Fund I 5,072,084; West Street Fund I-(C) 498,377; WSSS Fund W 6,243,946; WSSS Fund X 235,144; WSSS Fund I 264,319; WSSS Fund U 282,532; West Street CT PCP 245,645).
- Reporting: Form 4 filed 2026-02-02; filing appears timely. This Form 4 is one of two identical filings due to the >10 reporting persons limit; filed by designated filer The Goldman Sachs Group, Inc.
- Footnotes: Multiple Goldman Sachs affiliates and funds are reporting persons; they disclaim beneficial ownership except to the extent of pecuniary interest.
Context
This transaction reflects an institutional disposition tied to a corporate merger (shares canceled for cash), not an executive selling shares in an open market. For retail investors, merger-related conversions are routine corporate actions and do not necessarily signal insider sentiment about the company's future.
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