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ONE Group (STKS) awards CFO 63,580 shares and performance-based RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ONE Group Hospitality, Inc. Chief Financial Officer Nicole Thaung reported two equity awards in common stock. She acquired 17,521 performance-based restricted stock units (RSUs) under the 2019 Equity Incentive Plan, which may be earned before the third anniversary of grant if the company achieves a 15% year-over-year increase in compounded annual growth rate in the stock’s volume-weighted average price. She also received a separate grant of 46,059 common shares at $1.92 per share, both transactions reflecting compensation-related, non-market acquisitions.

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Insider Thaung Nicole
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Common Stock 46,059 $1.92 $88K
Grant/Award Common Stock 17,521 $0.00 --
Holdings After Transaction: Common Stock — 184,875 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Performance-based RSUs granted 17,521 units Grant of performance-based RSUs to CFO on April 29, 2026
Stock price hurdle 15% YoY CAGR Required increase in VWAP CAGR to earn performance RSUs
Common shares granted 46,059 shares Additional stock grant to CFO on April 29, 2026
Grant price per share $1.92 per share Reported transaction price for 46,059 common shares
restricted stock units (RSUs) financial
"Represents a performance-based grant of restricted stock units (RSUs) issued under the Issuer's 2019 Equity Incentive Plan."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
2019 Equity Incentive Plan financial
"RSUs issued under the Issuer's 2019 Equity Incentive Plan."
volume-weighted average price financial
"growth rate in the volume-weighted average price of the Company's stock."
Volume-weighted average price (VWAP) is the average price of a stock over a specific time period where each trade is weighted by the number of shares traded, so larger trades influence the average more than small ones. Investors and traders use VWAP as a reference point to judge whether trades are happening at relatively good or poor prices—like checking the average price paid for an item at a market where bulk purchases count more than single-item buys.
compounded annual growth rate financial
"15% year-over-year increase in compounded annual growth rate in the volume-weighted average price"
Compounded annual growth rate (CAGR) measures the steady, smoothed yearly rate at which an investment would have grown between two points in time if it had grown at a constant rate each year. Investors use it like an “average speed” for returns, ignoring year-to-year ups and downs, to compare performance across investments or projects and to estimate how quickly an asset must grow to reach a target.
SEC Form 4
FORM 4UNITED 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
Estimated average burden
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*
Thaung Nicole

(Last)(First)(Middle)
1624 MARKET ST., STE 311

(Street)
DENVER COLORADO 80202

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ONE Group Hospitality, Inc. [ STKS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock04/29/2026A46,059A$1.92184,875D
Common Stock04/29/2026A17,521(1)A$0202,396D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents a performance-based grant of restricted stock units (RSUs) issued under the Issuer's 2019 Equity Incentive Plan. The performance-based RSUs may be earned at any time prior to the third anniversary of the grant based on attaining a 15% year-over-year increase in compounded annual growth rate in the volume-weighted average price of the Company's stock.
/s/ Christi Hing, Attorney-in-Fact05/01/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did ONE Group (STKS) CFO Nicole Thaung report in this Form 4?

Nicole Thaung reported two equity compensation awards in ONE Group common stock. She received 17,521 performance-based RSUs and a separate grant of 46,059 common shares at $1.92 per share, both classified as grant or award acquisitions, not open-market transactions.

How many performance-based RSUs did STKS grant to its CFO?

ONE Group granted CFO Nicole Thaung 17,521 performance-based RSUs. These units were issued under the company’s 2019 Equity Incentive Plan and are tied to specific stock performance conditions before they can be earned and ultimately settle into common shares.

What performance condition applies to the CFO’s RSUs at ONE Group (STKS)?

The 17,521 RSUs may be earned if ONE Group achieves a 15% year-over-year increase in compounded annual growth rate of the stock’s volume-weighted average price. This condition must be satisfied at any time before the third anniversary of the grant date.

What other stock award did ONE Group (STKS) grant to its CFO?

In addition to performance-based RSUs, Nicole Thaung received a grant of 46,059 shares of ONE Group common stock. The filing reports these shares with a transaction price of $1.92 per share, reflecting a compensatory stock award rather than a market purchase.

Are the reported STKS transactions open-market buys or sales?

The reported transactions are not open-market buys or sales. Both are coded as “A” transactions, described as grants, awards, or other acquisitions, indicating equity compensation awards provided by ONE Group rather than discretionary trading in the open market.

Under which plan were the performance-based RSUs for STKS CFO issued?

The 17,521 performance-based RSUs for CFO Nicole Thaung were issued under ONE Group’s 2019 Equity Incentive Plan. This plan provides stock-based compensation, and in this case links RSU vesting to achieving specified stock price growth over a defined performance period.