HILARIO EMANUEL N 4

What Happened
Emanuel N. Hilario, President, CEO and a director of ONE Group Hospitality, was granted 11,505 restricted stock units (RSUs) on 2026-04-29. The grant was reported on a Form 4 filed 2026-05-01. The reported acquisition price is $0 (a performance-based award), so no cash was paid at grant and no immediate taxable sale occurred.

Key Details

• Transaction date: 2026-04-29; Form 4 filed: 2026-05-01 (timely filing).
• Transaction type/code: A — Award/Grant of RSUs.
• Shares granted: 11,505 RSUs; acquisition price shown as $0 (grant).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: The RSUs are performance-based and may be earned at any time prior to the third anniversary of the grant if the company attains a 15% year‑over‑year compounded annual growth rate in the volume‑weighted average price (VWAP) of the stock.
• No indication in the filing of tax withholding, immediate sale, or a 10b5-1 plan.

Context
Performance RSUs are contingent compensation: they do not convert into actual shares unless the stated performance metric is achieved within the performance period (here, up to three years). Such awards are common executive compensation and do not represent an immediate buy or sell decision by the insider. They provide potential upside to the executive tied to share-price performance rather than immediate cash value.