XWELL grants director 150,000 restricted shares
Director Reid Gerard received a fully vested grant of 150,000 restricted XWELL shares, now held directly.
Rhea-AI Filing Summary
XWELL, Inc. (symbol: XWEL) is the issuer of record for a Form 4 filing submitted to the SEC. Reid Gerard reported acquisition or exercise transactions in this Form 4 filing.
XWELL, Inc. (XWEL) reported that director Reid Gerard received a grant of 150,000 restricted shares of common stock on August 25, 2026. The shares, with par value $0.01 and a reported grant price of $0.00 per share, vested fully on the grant date, resulting in Gerard holding 150,000 shares directly after the transaction. No Rule 10b5-1 trading plan is indicated for this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 150,000 shares
Grant/Award
1 txn
Insider
Reid Gerard
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 150,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 150,000 shares (Direct)
Footnotes (1)
- F1. Represents restricted shares of the Issuer's common stock, par value $0.01 which vested fully on the date of grant.
Key Figures
Restricted shares granted: 150,000 shares
Grant price per share: $0.00 per share
Shares held after transaction: 150,000 shares
3 metrics
Restricted shares granted
150,000 shares
Grant of restricted common stock to director Reid Gerard on August 25, 2026
Grant price per share
$0.00 per share
Reported transaction price for the 150,000 restricted shares
Shares held after transaction
150,000 shares
Total XWELL common shares held directly by Reid Gerard following the grant
Key Terms
restricted shares, vested fully, par value
3 terms
vested fully financial
"which vested fully on the date of grant"
par value financial
"common stock, par value $0.01 which vested fully"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
What insider transaction did XWEL director Reid Gerard report?
Director Reid Gerard reported receiving a grant of 150,000 restricted shares of XWELL, Inc. common stock on August 25, 2026. The shares vested fully on the grant date and are held directly.
What type of XWEL securities did Reid Gerard acquire in this filing?
Reid Gerard acquired restricted shares of XWELL, Inc. common stock, par value $0.01 per share. The Form 4 notes these are restricted shares that vested fully on the date of grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.