Wizenberg Gaelle Sandra 4
4 · XWELL, Inc. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
XWELL Director Gaelle Wizenberg Receives 100,000 RSUs
What Happened
Gaelle Sandra Wizenberg, a director of XWELL, Inc. (XWEL), was granted 100,000 restricted stock units (RSUs) on February 27, 2026. The RSUs were recorded at $0 at grant (typical for equity awards that vest later) and will convert to shares if and when they vest. This is an award/grant transaction (not a purchase or sale).
Key Details
- Transaction date: 2026-02-27; Form 4 filed: 2026-03-02 (filing appears timely).
- Amount: 100,000 RSUs; reported acquisition price: $0.
- Vesting: RSUs vest 30 days after the grant date, provided Wizenberg remains employed or provides services to the company.
- Condition: The RSUs were granted subject to the closing of a securities purchase agreement dated Feb 24, 2026, which closed on Feb 27, 2026.
- Shares owned after transaction: Not specified in the filing.
Context
RSUs are a promise to deliver shares in the future upon vesting and continued service; they are not an immediate cash purchase and do not signal an immediate buying or selling of stock. Because these RSUs vest shortly (30 days) and were tied to a closing that occurred the same day, investors should watch for issuance/transfer of shares and any subsequent Form 4s if/when the RSUs convert to stock or are sold.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-27+100,000→ 190,698 total
Footnotes (1)
- [F1]Represents 100,000 restricted stock units ("RSUs"), which such RSUs shall vest on the thirtieth (30th) day following the date of grant, provided that the reporting person remains employed by or is providing services to the Issuer. The RSUs were granted subject to the closing of the transaction contemplated by that certain securities purchase agreement, dated as of February 24, 2026, by and between the Company and the purchaser signatory thereto, which occurred on February 27, 2026.