GOLDMAN SACHS GROUP INC 4
Research Summary
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Soho House (SHCO) 10% Owner Goldman Sachs Sells 1.67M Shares
What Happened Goldman Sachs Group Inc. (reported as a 10% owner via multiple Goldman Sachs entities) disposed of 1,666,666 shares of Soho House & Co. (SHCO) Class A common stock on January 29, 2026, at $9.00 per share, for total consideration of $14,999,994. The reported "sale" reflects shares that were canceled and converted into a right to receive cash under the Agreement and Plan of Merger completed that day — not an open-market trade by an executive.
Following the merger cash-out, the reporting Goldman Sachs entities continue to hold 13,859,953 Class A shares in total across the listed funds/entities.
Key Details
- Transaction date: January 29, 2026
- Transaction code: S (sale/disposition) — cancellation/conversion to cash under merger terms
- Shares disposed: 1,666,666 at $9.00 each = $14,999,994
- Shares held after transaction: 13,859,953 (held across BSPI and multiple West Street / WSSS funds; breakdown provided in filing)
- Reporting persons: Multiple Goldman Sachs entities; Form 4 filed by The Goldman Sachs Group, Inc. as designated filer (this is 1 of 2 identical Form 4s due to >10 reporting persons)
- Footnotes: F2 details that shares were canceled and converted to cash per the Merger Agreement; F1–F4 explain entity relationships and disclaimers of beneficial ownership
- Filing timeliness: Filed Feb 2, 2026 (timely per Section 16 reporting; not flagged as late)
Context This was an institutional/10% owner cash-out tied to a merger (shares were canceled for merger consideration), not an executive selling shares on the open market. Such merger-related dispositions are routine corporate-transaction mechanics and are different from voluntary insider selling or purchases.
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