Form 4: Soho House & Co Inc. CEO Andrew Carnie Sells Shares to Cover Tax Obligations

CEO Andrew Carnie of Soho House & Co Inc. sold shares of Class A Common Stock to cover tax obligations arising from the vesting of restricted stock units.

Summary

• On July 29 and 30, 2024, Andrew Carnie, the CEO of Soho House & Co Inc., sold shares of Class A Common Stock.
• The sales were executed to satisfy tax obligations triggered by the vesting of previously granted restricted stock units (RSUs).
• On July 29, 2024, 3,869 shares were sold at a price of $5.1377 per share.
• On July 30, 2024, 2 shares were sold at a price of $5.05 per share.
• Following these transactions, Carnie directly owns 891,566 shares of Class A Common Stock.
• The vesting of the RSUs occurred on July 19, 2024, and was reported on a Form 4 filed on July 23, 2024.
• The sales to cover the related tax obligations are executed over multiple days and involved no discretion by the reporting person.

Sentiment

Score: 5

Explanation: The document reports routine stock sales to cover tax obligations, which is a neutral event.

Industry Context

Sales of shares to cover tax obligations after RSU vesting are a common practice among company executives.

Key Dates