ONESPAWORLD HOLDINGS Ltd·4

Jun 17, 4:15 PM ET

HEYER ANDREW R 4

Research Summary

AI-generated summary

Updated

ONESPAWORLD (OSW) Director Andrew Heyer Sells 20,000 Shares

What Happened

  • Andrew R. Heyer, a director of ONESPAWORLD HOLDINGS Ltd (OSW), sold 20,000 common shares in an open‑market transaction on June 15, 2026.
  • The reported weighted‑average sale price was $26.04 per share (sales ranged $26.00–$26.17), for aggregate proceeds of approximately $520,800.
  • This was a sale (not a purchase, option exercise, or gift) and should be viewed as a disposition of shares rather than a bullish insider buy.

Key Details

  • Transaction date: 2026-06-15; Form 4 filed: 2026-06-17 (filed promptly, two days after the trade).
  • Price: weighted average $26.04; price range $26.00–$26.17 (footnote F1 explains weighted average and offers to provide transaction‑by‑transaction detail on request).
  • Shares sold: 20,000; proceeds ≈ $520,800.
  • Shares reported as held (per footnote F2): 199,269 (Heyer Investment Management, LLC) + 31,219 (Harris Reid Heyer Trust) + 37,219 (James Heyer Trust) + 17,219 (Peter Justin Heyer Trust) + 47,219 (William Heyer Trust) = 332,145 shares held by entities tied to Heyer. The filing disclaims beneficial ownership except to the extent of pecuniary interest. Footnote F3 notes additional securities are directly held and managed by his spouse and likewise disclaimed.
  • No indication this was part of an option exercise, gift, or 10b5-1 plan in the filing.

Context

  • Sales by directors are often routine portfolio or estate management transactions; this filing is factual and does not state the reason for the sale.
  • The filing appears timely (filed two days after the transaction), so there is no late‑filing flag in this report.