[Form 4] ONE Group Hospitality, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Segal Jonathan reported acquisition or exercise transactions in this Form 4 filing.
ONE Group Hospitality, Inc. director and 10% owner Jonathan Segal received a grant of 4,314 shares of Common Stock as a performance-based award. These restricted stock units were issued under the company’s 2019 Equity Incentive Plan and increase his direct holdings to 3,261,400 shares.
The performance-based RSUs may be earned any time before the third anniversary of the grant if the company achieves a 15% year-over-year increase in compounded annual growth rate in the volume-weighted average price of its stock.
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Insights
Routine performance-based RSU grant with modest size relative to holdings.
Jonathan Segal, a director and 10% owner of ONE Group Hospitality, received 4,314 performance-based RSUs at no cash cost, lifting his direct stake to 3,261,400 shares of Common Stock. The transaction is classified as a grant or award, not an open-market purchase.
The RSUs vest only if the company achieves a 15% year-over-year increase in compounded annual growth rate of its stock’s volume-weighted average price within three years of grant. This ties additional equity to stock-price performance, while the award size is small compared with Segal’s existing ownership, suggesting a routine incentive grant rather than a thesis-changing event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,314 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
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