WeShop (WSHP) director Teasdale reports indirect holdings and 950,000-share option
Rhea-AI Filing Summary
WeShop Holdings Ltd director Paul Teasdale filed an initial Form 3 reporting his existing equity interests in the company. The filing shows indirect holdings of 527,914 Class A ordinary shares through HallCo 1766 Limited and 773,822 Class A ordinary shares through Max Capital Limited, where he may be deemed to share or hold voting and dispositive power subject to pecuniary interest disclaimers.
Teasdale also reports a direct Performance Incentive Grant Option over 950,000 Class A ordinary shares at an exercise price of $9.64 per share. These options became exercisable on March 18, 2026 and are scheduled to expire on November 14, 2030, outlining a significant long-term incentive position.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Teasdale Paul
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Incentive Grant Option | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Performance Incentive Grant Option — 950,000 shares (Direct);
Class A ordinary shares — 773,822 shares (Indirect, By Max Capital Limited)
Footnotes (1)
- The Reporting Person shares voting and dispositive power over the securities held by Max Capital Limited ("Max Capital"). As such, the Reporting Person may be deemed to beneficially own all of the shares held by Max Capital; however, the Reporting Person disclaims beneficial ownership of the shares held by Max Capital except to the extent of his pecuniary interest therein. The Reporting Person has sole voting and dispositive power over the securities held by HallCo 1766 Limited ("HallCo"). As such, the Reporting Person may be deemed to beneficially own all of the shares held by HallCo; however, the Reporting Person disclaims beneficial ownership of the shares held by HallCo except to the extent of his pecuniary interest therein. The reported options became exercisable on March 18, 2026.
Key Figures
Indirect HallCo holdings: 527,914 shares
Indirect Max Capital holdings: 773,822 shares
Performance option underlying shares: 950,000 shares
+3 more
6 metrics
Indirect HallCo holdings
527,914 shares
Class A ordinary shares held via HallCo 1766 Limited
Indirect Max Capital holdings
773,822 shares
Class A ordinary shares held via Max Capital Limited
Performance option underlying shares
950,000 shares
Underlying Class A ordinary shares for Performance Incentive Grant Option
Option exercise price
$9.64 per share
Exercise price of Performance Incentive Grant Option
Option exercisable date
March 18, 2026
Date options became exercisable
Option expiration date
November 14, 2030
Expiration date of Performance Incentive Grant Option
Key Terms
Performance Incentive Grant Option, beneficially own, voting and dispositive power, pecuniary interest
4 terms
Performance Incentive Grant Option financial
"The reported options became exercisable on March 18, 2026."
beneficially own financial
"may be deemed to beneficially own all of the shares held by Max Capital"
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.
voting and dispositive power financial
"shares voting and dispositive power over the securities held by Max Capital Limited"
pecuniary interest financial
"disclaims beneficial ownership of the shares held by Max Capital except to the extent of his pecuniary interest therein"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Paul Teasdale’s Form 3 show for WeShop Holdings (WSHP)?
The Form 3 shows Paul Teasdale’s existing equity interests in WeShop Holdings. It reports indirect holdings in Class A ordinary shares through HallCo 1766 Limited and Max Capital Limited, plus a substantial performance incentive option position exercisable into additional Class A ordinary shares.
What are the key terms of Paul Teasdale’s Performance Incentive Grant Option in WSHP?
Teasdale holds a Performance Incentive Grant Option over 950,000 Class A ordinary shares with an exercise price of $9.64 per share. The options became exercisable on March 18, 2026 and expire on November 14, 2030, providing long-dated equity exposure.