4Filed Jul 23, 8:00 PM ET
ONESPAWORLD (OSW) Director Marc Magliacano Receives RSU Award
$OSW · ONESPAWORLD HOLDINGS LtdResearch Summary
AI-generated summary of this SEC filing
ONESPAWORLD (OSW) Director Marc Magliacano Receives RSU Award
What Happened
- Marc Magliacano, a director of ONESPAWORLD Holdings Ltd (OSW), was granted 7,993 restricted stock units (RSUs) on July 22, 2026. The units were reported at $0.00 per share (total reported value $0) because RSUs are contingent awards rather than an immediate cash purchase.
- Each RSU represents the right to receive one common share (par value $0.0001) upon vesting. According to the filing, these RSUs vest one year from the grant date.
Key Details
- Transaction date: 2026-07-22; reported filing date: 2026-07-24 (filed within the 2-business-day window).
- Award: 7,993 RSUs; reported acquisition price: $0.00; reported aggregate value: $0.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnote highlights:
- F1: RSUs convert to common shares only upon vesting (one-year vesting).
- F2: Magliacano has a Nominee & Indemnity Agreement—these RSUs are held for the benefit of L Catterton, L.P.; the L Catterton entities may be deemed to share beneficial ownership for Section 16 purposes.
Context
- RSU grants are compensation awards, not open-market purchases or sales; they don't represent immediate cash proceeds or a change in market position until they vest and convert to shares.
- The nominee arrangement means an institutional investor (L Catterton) may be the beneficial owner of the award for reporting purposes; this is an ownership reporting detail rather than an actionable trade.