XWELL awards director 50,000 restricted shares
A director of XWELL, Inc. received a fully vested restricted stock grant, increasing his direct common stock holdings.
Rhea-AI Filing Summary
XWELL, Inc. (symbol: XWEL) is the issuer of record for a Form 4 filing submitted to the SEC. WEINSTEIN ROBERT reported acquisition or exercise transactions in this Form 4 filing.
XWELL, Inc. (XWEL) reported that director Robert Weinstein received a grant of 50,000 restricted shares of common stock on August 25, 2026. The shares vested fully on the grant date and were awarded at $0.00 per share, bringing his directly held stake to 265,231 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 50,000 shares
Grant/Award
1 txn
Insider
WEINSTEIN ROBERT
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 50,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 265,231 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: 50,000 shares
Grant price per share: $0.00 per share
Shares owned after transaction: 265,231 shares
+1 more
4 metrics
Restricted shares granted
50,000 shares
Grant of restricted common stock to director on August 25, 2026
Grant price per share
$0.00 per share
Award of restricted common stock to director
Shares owned after transaction
265,231 shares
Director’s directly held common stock following the August 25, 2026 grant
Number of reported transactions
1 transaction
Single grant/award acquisition reported in this Form 4
Key Terms
restricted shares, par value, grant, award, or other acquisition
3 terms
par value financial
"common stock, par value $0.01 which vested fully on the date of grant"
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.
grant, award, or other acquisition financial
"Transaction coded as a grant, award, or other acquisition of common stock"
FAQ
What insider transaction did XWEL report in this Form 4?
XWELL, Inc. reported that director Robert Weinstein received a grant of 50,000 restricted shares of common stock on August 25, 2026, which fully vested on the grant date and were awarded at $0.00 per share.
Was the XWEL insider grant made under a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 plan is reported for this transaction; the document-level checkbox for such a plan is not marked as applicable.
What type of security was granted in this XWEL Form 4 filing?
The transaction involved restricted shares of common stock of XWELL, Inc., par value $0.01 per share, which the footnote states vested fully on the date of grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.