WeShop (WSHP) CEO Paul Ellerbeck reports direct, indirect shares and options
Rhea-AI Filing Summary
WeShop Holdings Ltd director and CEO Paul Ellerbeck has filed an initial ownership report showing his equity position in the company. The filing lists 2,083,333 Class A ordinary shares held indirectly through Community Social Investment Limited, over which he has sole dispositive power but disclaims beneficial ownership beyond his pecuniary interest.
In addition, he holds 70,743 Class A ordinary shares directly. The filing also reports a share option giving him the right to acquire 93,750 Class A ordinary shares at an exercise price of $9.64 per share. According to the disclosure, the options became exercisable on July 4, 2025 and will expire on the later of July 4, 2030 or three years after the end of any applicable lock-up period.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Ellerbeck Paul
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share Option | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Share Option — 93,750 shares (Direct);
Class A ordinary shares — 70,743 shares (Direct);
Class A ordinary shares — 2,083,333 shares (Indirect, By Community Social Investment Limited)
Footnotes (2)
- F1. The Reporting Person has sole dispositive power over the securities held by Community Social Investment Limited (the "Company"). As such, the Reporting Person may be deemed to beneficially own all of the shares held by the Company; however, the Reporting Person disclaims beneficial ownership of the shares held by the Company except to the extent of his pecuniary interest therein.
- F2. The reported options became exercisable on July 4, 2025. The options will expire on the later of (i) July 4, 2030 or (ii) three years following expiration of any applicable lock-up period.
Key Figures
Indirect Class A ordinary shares: 2,083,333 shares
Direct Class A ordinary shares: 70,743 shares
Share options underlying shares: 93,750 shares
+3 more
6 metrics
Indirect Class A ordinary shares
2,083,333 shares
Held via Community Social Investment Limited
Direct Class A ordinary shares
70,743 shares
Directly held by reporting person
Share options underlying shares
93,750 shares
Underlying Class A ordinary shares from share option
Option exercise price
$9.64/share
Exercise price of reported share option
Option vesting date
July 4, 2025
Date options became exercisable
Option latest expiry reference date
July 4, 2030
Base date for expiry; later of this or three years post lock-up
Key Terms
sole dispositive power, beneficially own, disclaims beneficial ownership, Share Option, +1 more
5 terms
sole dispositive power financial
"The Reporting Person has sole dispositive power over the securities held by Community Social Investment Limited"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
beneficially own financial
"the Reporting Person may be deemed to beneficially own all of the shares held by the Company"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
disclaims beneficial ownership financial
"however, the Reporting Person disclaims beneficial ownership of the shares held by the Company except to the extent of his pecuniary interest"
lock-up period financial
"The options will expire on the later of (i) July 4, 2030 or (ii) three years following expiration of any applicable lock-up period"
A lock-up period is a fixed time after a stock offering during which company insiders and early investors are legally barred from selling their shares. It matters because when that restriction expires a large block of previously locked-up shares can enter the market at once, potentially lowering the stock price or spiking trading volume—like opening a floodgate—so investors monitor these dates to anticipate price moves and manage risk.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity stake does WeShop (WSHP) CEO Paul Ellerbeck report on Form 3?
Paul Ellerbeck reports indirect and direct holdings plus options. He indirectly reports 2,083,333 Class A ordinary shares via Community Social Investment Limited, directly holds 70,743 Class A ordinary shares, and holds options over 93,750 Class A ordinary shares at an exercise price of $9.64 per share.
What stock options does the WeShop (WSHP) CEO report on this Form 3?
He reports a share option over 93,750 Class A ordinary shares at an exercise price of $9.64. The options became exercisable on July 4, 2025 and will expire on the later of July 4, 2030 or three years after any applicable lock-up period ends.
Does this WeShop (WSHP) Form 3 show any insider buying or selling?
The Form 3 functions as an initial ownership report and lists holdings rather than trades. The transactions are categorized as holdings with unknown transaction codes, and the summarized net buy-sell direction is neutral, indicating no reported purchases or sales in this filing.