XWELL (XWEL) Director Michael Lebowitz Receives 50,000-Share Award

What Happened

• Michael Lebowitz, a director of XWELL, received an award of 50,000 restricted shares of the company's common stock on August 25, 2026. The shares were granted at $0.00 (no cash paid), so the reported acquisition value is $0. The filing shows the restricted shares vested in full on the grant date.

Key Details

• Transaction date: 2026-08-25; Grant/award (code A) of 50,000 shares at $0.00.
• Report filed with the SEC on 2026-09-02 — more than two business days after the transaction (later than the usual Form 4 filing window).
• Shares owned after the transaction: not specified in the supplied details of this summary.
• Footnote: F1 states these are restricted shares of common stock (par value $0.01) that vested fully on the date of grant.

Context

• This was an equity compensation grant (restricted stock award) rather than an open-market purchase or sale. Such awards are common for executive/director compensation and do not directly indicate buying or selling sentiment in the market.