[Form 4] OneSpaWorld Holdings Limited Insider Trading Activity

Rhea-AI Filing Summary

Glenn Fusfield, a director of OneSpaWorld Holdings Ltd (OSW), reported multiple sales of the company's common shares on August 19-21, 2025. The filings show direct sales of 22,841 shares at $21.89 on 08/19/2025, 4,597 shares at $21.72 on 08/20/2025, and 23,116 shares at $21.57 on 08/21/2025, leaving him with 151,799 shares held directly. The report also records a sale of 6,060 shares on 08/20/2025 associated with the Fusfield Family Irrevocable Trust that reduced the trust's indirect ownership to zero. The Form 4 is signed by an attorney-in-fact on behalf of Mr. Fusfield.

Positive

• None.

Negative

• Multiple insider sales totaling 56,654 shares sold directly across August 19-21, 2025, reducing direct holdings to 151,799 shares
• Indirection eliminated: 6,060 shares sold from Fusfield Family Irrevocable Trust on 08/20/2025, leaving the trust with 0 indirect shares

Insights

Financial Analyst

TL;DR: Director Glenn Fusfield sold multiple blocks of OSW shares over three days, reducing his direct holdings to 151,799 shares.

The reported transactions are routine insider dispositions recorded on Form 4 and total 56,654 shares sold directly between August 19 and August 21, 2025, at prices between $21.57 and $21.89. An additional 6,060-share sale reduced indirect trust holdings to zero. These are factual disclosures of insider selling; the filings do not state reasons for the sales, and no derivative transactions or purchases were reported. For investors, the filing documents change in ownership but does not provide context such as planned sales, tax-related transfers, or hedging arrangements.

Corporate Governance Expert

TL;DR: Multiple short-window sales by a director were reported; the trust’s indirect stake was eliminated per the Form 4.

The Form 4 shows compliance with Section 16 reporting: timely disclosure of stock dispositions by a director and an explanation that the reporting person has voting and dispositive power over trust holdings but disclaims beneficial ownership beyond pecuniary interest. The signature by an attorney-in-fact is included. The filing contains no indications of policy breaches or accelerations; it records only completed sales and the resulting ownership counts.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

FUSFIELD GLENN

(Last) (First) (Middle)

770 SOUTH DIXIE HIGHWAY, SUITE 200

(Street)

CORAL GABLES FL 33146

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ONESPAWORLD HOLDINGS Ltd [ OSW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/19/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	08/19/2025		S		22,841	D	$21.89	179,512	D
Common Shares	08/20/2025		S		4,597	D	$21.72	174,915	D
Common Shares	08/21/2025		S		23,116	D	$21.57	151,799	D
Common Shares	08/20/2025		S		6,060	D	$21.74	0	I	By Fusfield Family Irrevocable Trust(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reporting person has voting and dispositive power over the securities held by Fusfield Family Irrevocable Trust ("Fusfield Trust"), and therefore may be deemed to indirectly beneficially own the securities held by Fusfield Trust. The reporting person disclaims beneficial ownership of the securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

	/s/ Inga Fyodorova, as Attorney-in-Fact for Glenn Fusfield	08/21/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did Glenn Fusfield report on Form 4 for OSW?

He reported sales of common shares: 22,841 shares at $21.89 on 08/19/2025; 4,597 shares at $21.72 on 08/20/2025; 23,116 shares at $21.57 on 08/21/2025; and a 6,060-share trust-related sale on 08/20/2025.

How many OSW shares does Glenn Fusfield directly own after these transactions?

151,799 shares directly beneficially owned following the reported transactions.

Did the Fusfield Family Irrevocable Trust retain any OSW shares after the reported sale?

No. The Form 4 shows the trust’s indirect ownership was reduced to 0 shares after the 6,060-share disposition on 08/20/2025.

Were any derivative securities reported in this Form 4?

No. Table II for derivative securities contains no reported transactions or holdings.

Who signed the Form 4 on behalf of Glenn Fusfield?

Inga Fyodorova signed as Attorney-in-Fact for Glenn Fusfield, dated 08/21/2025.