OnespaWorld director sells 20,000 shares
ONESPAWORLD HOLDINGS Ltd director Andrew R. Heyer reported an open-market sale of 20,000 Common Shares of the company.
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Form Type
4
Rhea-AI Filing Summary
ONESPAWORLD HOLDINGS Ltd director Andrew R. Heyer reported an open-market sale of 20,000 Common Shares of the company. The shares were sold at a weighted average price of $26.04 per share, in multiple trades between $26.00 and $26.17.
Following this transaction, Heyer directly holds 489,817 Common Shares. He is also associated with additional indirect holdings through family trusts, an investment management LLC, and his spouse’s independently managed account, while disclaiming beneficial ownership except to the extent of any pecuniary interest described in the footnotes.
Insider Trade Summary
Net Seller: 20,000 shares
Net Sell
3 txns
Insider
HEYER ANDREW R
Role
Director
Sold
20,000 shs ($521K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 20,000 | $26.04 | $521K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 489,817 shares (Direct);
Common Shares — 432,145 shares (Indirect, See Footnote)
Footnotes (3)
- F1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.00 to $26.17. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each price within the range.
- F2. The reported securities are directly held as follows: (i) 199,269 Common Shares are held by Heyer Investment Management, LLC; (ii) 31,219 Common Shares are held by Harris Reid Heyer Trust; (iii) 37,219 Common Shares are held by James Heyer Trust; (iv) 17,219 Common Shares are held by Peter Justin Heyer Trust; and (v) 47,219 Common Shares are held by William Heyer Trust. The Reporting Person is (i) a trustee of each of Harris Reid Heyer Trust, James Heyer Trust, Peter Justin Heyer Trust, and William Heyer Trust and (ii) the managing member of Heyer Investment Management, LLC, and, accordingly, may be deemed to beneficially own the securities held by the foregoing, but disclaims such beneficial ownership, except to the extent of his pecuniary interest therein. This Statement 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.
- F3. The reported securities are directly held and independently managed by Mindy Heyer, the Reporting Person's spouse. Accordingly, the Reporting Person may be deemed to beneficially own the reported securities but disclaims such beneficial ownership. This Statement 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.
Key Figures
Shares sold: 20,000 shares
Average sale price: $26.04 per share
Sale price range: $26.00–$26.17 per share
+5 more
8 metrics
Shares sold
20,000 shares
Open-market sale of Common Shares
Average sale price
$26.04 per share
Weighted average price for sold shares
Sale price range
$26.00–$26.17 per share
Range of individual trade prices
Direct holdings after sale
489,817 shares
Direct OnespaWorld Common Shares held by Heyer
Indirect holding – Heyer Investment Management, LLC
199,269 shares
Common Shares held via investment management LLC
Indirect holding – Harris Reid Heyer Trust
31,219 shares
Common Shares held via family trust
Indirect holding – James Heyer Trust
37,219 shares
Common Shares held via family trust
Indirect holding – William Heyer Trust
47,219 shares
Common Shares held via family trust
Key Terms
weighted average price, beneficially own, pecuniary interest, Section 16, +1 more
5 terms
weighted average price financial
"The price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficially own financial
"accordingly, may be deemed to beneficially own the securities held"
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.
pecuniary interest financial
"but disclaims such beneficial ownership, except to the extent of his pecuniary interest therein"
Section 16 regulatory
"beneficial owner of the securities for purposes of Section 16 or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did OnespaWorld (OSW) director Andrew R. Heyer report?
Andrew R. Heyer reported selling 20,000 OnespaWorld Common Shares in an open-market transaction. The filing shows this as a routine Form 4 sale, providing updated ownership details but not indicating any accompanying derivative exercises or additional buy transactions.
Are Andrew R. Heyer’s indirect OnespaWorld (OSW) holdings described in the Form 4?
Yes. The filing explains that certain shares are held by Heyer Investment Management, LLC and several family trusts, plus an account managed by his spouse. Heyer may be deemed to beneficially own these but expressly disclaims such ownership except for any pecuniary interest.
Does the OnespaWorld (OSW) Form 4 indicate multiple trade prices for the sale?
Yes. The Form 4 states the reported price is a weighted average, with individual trades executed between $26.00 and $26.17. It notes Heyer will provide full trade details to the issuer, shareholders, or SEC staff upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
