OneSpaWorld (OSW) awards 4,815 RSUs to board member McLallen
Rhea-AI Filing Summary
McLallen Walter Field reported acquisition or exercise transactions in this Form 4 filing.
ONESPAWORLD HOLDINGS Ltd director Walter Field McLallen received a grant of 4,815 restricted stock units (RSUs), each representing one common share of the company. The RSUs vest one year from the grant date, and vested shares are delivered upon separation or a change in control. Following this award, he directly holds 142,197 common shares.
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Insider Trade Summary
Net Buyer: 4,815 shares
Net Buy
1 txn
Insider
McLallen Walter Field
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares F1 | 4,815 | $0.00 | $0.00 |
Holdings After Transaction:
Common Shares — 142,197 shares (Direct)
Footnotes (1)
- F1. The reported transaction reflects a grant of the Issuer's restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one common share, par value $0.0001 per share, of the Issuer (the "Common Shares"). The RSUs vest one year from the grant date. Vested Common Shares will be delivered to the Reporting Person on the earlier of the 60th day from separation from service and immediately prior to a change in control.
Key Figures
RSUs granted: 4,815 units
Shares held after transaction: 142,197 shares
Vesting period: 1 year
+3 more
6 metrics
RSUs granted
4,815 units
Grant of restricted stock units to director Walter Field McLallen
Shares held after transaction
142,197 shares
Director’s direct common share holdings following the RSU grant
Vesting period
1 year
RSUs vest one year from the grant date
Share delivery timing
60th day
Vested shares delivered by the 60th day after separation from service
Par value per share
$0.0001 per share
Par value of OneSpaWorld common shares underlying the RSUs
RSU-to-share ratio
1:1
Each RSU represents the right to receive one common share
Key Terms
restricted stock units, contingent right, change in control
3 terms
restricted stock units financial
"The reported transaction reflects a grant of the Issuer's restricted stock units ("RSUs")."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each RSU represents a contingent right to receive one common share..."
change in control financial
"delivered... on the earlier of the 60th day from separation from service and immediately prior to a change in control."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity award did ONESPAWORLD (OSW) director Walter Field McLallen receive?
Walter Field McLallen received a grant of 4,815 restricted stock units (RSUs) of OneSpaWorld. Each RSU represents a contingent right to receive one common share, providing additional equity-based compensation linked directly to the company’s common shares.
How do the new RSUs granted at ONESPAWORLD (OSW) vest for Walter Field McLallen?
The 4,815 RSUs granted to Walter Field McLallen vest in full one year from the grant date. This time-based vesting schedule means he earns the right to receive the underlying common shares after one year of continued service.
Does Walter Field McLallen’s ONESPAWORLD (OSW) RSU grant involve a cash purchase?
The Form 4 codes the transaction as a grant or award acquisition with a reported per-share price of $0.0000. This indicates the RSUs were awarded as equity compensation rather than acquired through an open-market cash purchase.