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XWELL grants director 500,000 restricted shares

XWELL director Bruce Bernstein received a fully vested grant of 500,000 restricted common shares, increasing his direct holdings to 839,882 shares.

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

Rhea-AI Filing Summary

XWELL, Inc. (symbol: XWEL) is the issuer of record for a Form 4 filing submitted to the SEC. Bernstein Bruce reported acquisition or exercise transactions in this Form 4 filing.

XWELL, Inc. (XWEL) reported that director Bruce Bernstein received a grant of 500,000 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 direct holdings to 839,882 shares. No Rule 10b5-1 trading plan is reported in connection with this award.

Positive

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Negative

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Insider Bernstein Bruce
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 500,000 $0.00 $0.00
Holdings After Transaction: Common Stock — 839,882 shares (Direct)
Footnotes (1)
  1. F1. Represents restricted shares of the Issuer's common stock, par value $0.01 which vested fully on the date of grant.
Restricted shares granted 500,000 shares Grant of restricted common stock to director Bruce Bernstein on August 25, 2026
Grant price per share $0.00 per share Reported award price for the 500,000 restricted shares
Shares owned after transaction 839,882 shares Bruce Bernstein’s direct holdings following the August 25, 2026 grant
Transaction date August 25, 2026 Date the restricted stock grant was made and fully vested
restricted shares financial
"Represents restricted shares of the Issuer's common stock, par value $0.01"
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
vested fully financial
"par value $0.01 which vested fully on the date of grant"
par value financial
"Issuer's 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 report for Bruce Bernstein?
XWEL reported that director Bruce Bernstein received a grant of 500,000 restricted shares of common stock on August 25, 2026, which vested in full on the grant date and were awarded at $0.00 per share.

How many XWEL shares does Bruce Bernstein hold after this Form 4 transaction?
After the grant, Bruce Bernstein directly holds 839,882 shares of XWELL, Inc. common stock as reported in the Form 4 filing.

What type of XWEL securities were involved in Bruce Bernstein’s Form 4 filing?
The transaction involved restricted shares of XWELL, Inc. common stock, par value $0.01, which vested fully on the date of grant.

Was the XWEL equity grant to Bruce Bernstein made under a Rule 10b5-1 plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported for this grant.

What was the price per share for Bruce Bernstein’s XWEL restricted stock grant?
The 500,000 restricted shares of XWELL common stock granted to Bruce Bernstein were reported at $0.00 per share, reflecting a stock award rather than a purchase in the market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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*
Bernstein Bruce
(Last)(First)(Middle)
C/O XWELL, INC.
254 WEST 31ST STREET, 11TH FLOOR
(Street)
NEW YORK NEW YORK 10001
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
XWELL, Inc. [ XWEL ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/25/2026		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 Stock(1)08/25/2026A500,000A$0839,882D
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 restricted shares of the Issuer's common stock, par value $0.01 which vested fully on the date of grant.
/s/ Bruce Bernstein09/02/2026
** 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)

Source: View Original Filing on SEC EDGAR