XWELL, Inc.·4

Mar 2, 7:45 PM ET

WEINSTEIN ROBERT 4

4 · XWELL, Inc. · Filed Mar 2, 2026

Research Summary

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XWELL (XWEL) Director Robert Weinstein Receives 100,000 RSUs

What Happened
Robert Weinstein, a director of XWELL, was granted 100,000 restricted stock units (RSUs) on February 27, 2026. The award is reported as an "A" (award/grant) at $0.00 per share (no cash paid at grant). The RSUs will convert to shares only if they vest per the grant terms.

Key Details

  • Transaction date: 2026-02-27; Form 4 filed: 2026-03-02 (filed within the typical 2-business-day reporting window).
  • Grant: 100,000 RSUs, reported price $0.00 (reflects an award, not a purchase).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnote: The 100,000 RSUs vest on the 30th day following the grant date, contingent on Weinstein remaining employed or providing services. The RSUs were granted conditioned on closing of a securities purchase agreement (dated Feb 24, 2026), which closed on Feb 27, 2026.

Context
RSUs are a form of compensation that convert to stock upon vesting; this grant is not an open‑market purchase or sale and does not itself signal a buy or sell intent. The award is tied to continued service and a short (30‑day) vesting condition triggered by the closing noted in the footnote.

Insider Transaction Report

Form 4
Period: 2026-02-27
Transactions
  • Award

    Common Stock

    [F1]
    2026-02-27+100,000215,231 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.
Signature
/s/ Robert Weinstein|2026-03-02

Documents

1 file
  • 4
    tm267701-5_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT