Form 4: Soho House & Co Inc.: Former Director Nicole Avant Reports Stock Transactions

Nicole Avant, a former director of Soho House & Co Inc., reports the settlement of Restricted Stock Units (RSUs) into Class A common stock.

Summary

• On July 19, 2024, Nicole Avant, a former director of Soho House & Co Inc., reported the settlement of 6,666 Restricted Stock Units (RSUs) into shares of Class A common stock.
• This transaction is reported on a Form 4 filing with the SEC.
• The RSUs vested in 50% increments on each of the two-year and three-year anniversary of the July 19, 2021 grant date, subject to continued service.
• Following the reported transaction, Avant directly owns 39,511 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral filing, simply reporting a standard transaction related to stock vesting. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and is a standard practice for individuals in positions of influence within publicly traded companies.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it represents the conversion of existing equity awards into common stock.

Key Dates

Keywords

Form 4, Soho House & Co Inc., SHCO, Nicole Avant, Restricted Stock Units, RSUs, Class A Common Stock, SEC Filing, Beneficial Ownership, Insider Trading