[Form 4] The ONE Group Hospitality, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Form 4 filing for The ONE Group Hospitality, Inc. (STKS) discloses that director Michael Serruya acquired additional common shares on 30 June 2025. The filing reports an acquisition (Code “A”) of 6,481 common shares at a stated price of $0.00, bringing his direct holdings to 276,326 shares. In addition, Serruya continues to hold 147,712 shares indirectly through MOS Holdings Inc. No derivative security transactions were reported. The form was signed on 01 July 2025 by attorney-in-fact Christi Hing.

Positive

• Director increased direct share holdings by 6,481 shares, indicating continued equity alignment with shareholders.

Negative

• None.

Insights

Securities Analyst

TL;DR: Small zero-cost share award marginally lifts insider ownership; immaterial to valuation.

The 6,481-share increase represents roughly 2% of Mr. Serruya’s total STKS position and a de-minimis fraction of the company’s ~32 million share count. No cash changed hands, indicating a likely board or equity incentive grant rather than an open-market purchase. While any insider accumulation can be construed as a sign of alignment, the size and cost suggest limited market impact. Overall, the disclosure is routine and does not alter the fundamental investment case.

Corporate Governance Expert

TL;DR: Routine equity grant; maintains compliance with Section 16 reporting.

The timely filing demonstrates adherence to SEC rules. Ownership now splits into 276,326 directly held shares and 147,712 indirectly held via MOS Holdings, reinforcing Serruya’s continued board-level stake. No derivative positions or Rule 10b5-1 plan usage were disclosed. From a governance perspective, there are no red flags; this is standard equity compensation documentation carrying neutral governance implications.

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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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^*

Serruya Michael

(Last) (First) (Middle)

1624 MARKET ST

STE 311

(Street)

DENVER CO 80202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ONE Group Hospitality, Inc. [ STKS ]

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)
06/30/2025

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 Stock	06/30/2025		A		6,481	A	$0	276,326	D
Common Stock								147,712	I	By MOS Holdings, Inc.

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:

	/s/ Christi Hing, Attorney-in-Fact	07/01/2025
	** 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

How many STKS shares did Michael Serruya acquire on 30 June 2025?

He acquired 6,481 common shares.

What is Michael Serruya’s total direct ownership after the transaction?

His direct holdings stand at 276,326 shares.

Did the filing report any derivative security transactions?

No, Table II shows no derivatives acquired or disposed.

Was cash paid for the newly acquired shares?

The reported acquisition price is $0.00, suggesting an equity award.

When was the Form 4 for STKS signed and filed?

It was signed on 01 July 2025 by attorney-in-fact Christi Hing.