Bernstein Bruce 4

What Happened
Bruce Bernstein, a director of XWELL, Inc. (XWEL), was granted 100,000 restricted stock units (RSUs) on February 27, 2026. The grant is reported as an "A" (award/grant) transaction at a reported price of $0.00 (total reported value $0). The RSUs will vest on the 30th day following the grant date provided Bernstein remains employed by or continues to provide services to the company.

Key Details

• Transaction date: 2026-02-27; Form 4 filed: 2026-03-02 (filed within the typical two-business-day Form 4 deadline).
• Transaction type/code: Award/Grant (A). Reported price per share: $0.00; reported total value: $0.
• Grant size: 100,000 RSUs. Vesting: 30 days after grant, subject to continued service.
• Grant was conditioned on closing of a related securities purchase agreement dated Feb 24, 2026; that closing occurred on Feb 27, 2026.
• Shares owned after the transaction: not disclosed in the Form 4.

Context
RSUs are deferred equity awards that vest into shares if vesting conditions are met; they are not an open-market purchase or sale and do not by themselves indicate immediate buying/selling activity. This grant is a compensation/retention award tied to service and the closing of a company transaction.