ONESPAWORLD (OSW) Director Jeffrey Stiefler Receives RSU Award
$OSW · ONESPAWORLD HOLDINGS LtdResearch Summary
AI-generated summary of this SEC filing
ONESPAWORLD (OSW) Director Jeffrey Stiefler Receives RSU Award
What Happened
Jeffrey E. Stiefler, a director of ONESPAWORLD HOLDINGS Ltd (OSW), was granted 8,956 restricted stock units (RSUs) on July 22, 2026. The grant price is reported as $0.00 (i.e., no cash paid); the RSUs represent contingent rights to receive one common share each upon vesting. Per the filing, the RSUs vest one year from the grant date and vested shares will be delivered either within 60 days of separation from service or immediately prior to a change in control.
Key Details
- Transaction date: 2026-07-22; Form 4 filed: 2026-07-24.
- Grant: 8,956 RSUs at $0.00 (award/grant, code A). Reported monetary amount = $0.
- Vesting/delivery: RSUs vest one year after grant; delivery upon separation (within 60 days) or before change in control (see footnote F1).
- Beneficial ownership note: Reporting person is trustee of the Stiefler Trust and has voting/dispositive power over trust securities; he disclaims beneficial ownership except for pecuniary interest (see footnote F2).
- Shares owned after the transaction are not specified in the provided filing excerpt.
Context
RSUs are compensation awards that convert to actual shares only if vesting conditions are met; they are not an immediate market purchase or sale. Grants like this typically reflect company compensation practices and do not by themselves indicate an insider buying or selling in the open market. The filing shows grant terms and trustee-related beneficial ownership clarifications; investors should watch for vesting and subsequent Form 4s if and when shares are delivered or sold.