Wizenberg Gaelle Sandra 4

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.