Lebowitz Michael 4

What Happened Michael Lebowitz, a director of XWELL, Inc. (XWEL), was granted 100,000 restricted stock units (RSUs) on 2026-02-27. The grant is reported as an award/acquisition (code A) at a $0.00 per-share price (total reported value $0), reflecting a compensatory RSU award rather than a cash purchase.

Key Details

• Transaction date: 2026-02-27; Form 4 filed: 2026-03-02 (timely within the SEC two-business-day filing window).
• Security and amount: 100,000 RSUs granted (transaction code A); reported acquisition price $0.00.
• Shares owned after transaction: not specified in the filing.
• Footnote: The 100,000 RSUs vest on the 30th day following the grant date, provided Lebowitz remains employed or provides services to the company. The RSUs were granted subject to the closing of a securities purchase agreement dated 2026-02-24, which closed on 2026-02-27.
• Accession no.: 0001104659-26-022416 (Form 4 covering period 2026-02-27).

Context This was an equity award (RSUs), a form of compensation, not an open-market purchase or sale. Vesting is time- and service-based (30 days after grant), so these shares are not immediately free of restrictions. For retail investors, awards signal compensation/retention activity but do not, by themselves, indicate the insider is buying or selling equity for personal investment reasons.