Suzanne A. Scrabis - 31 Oct 2023 Form 4 Insider Report for XWELL, Inc. (XWEL)

Role
Chief Financial Officer
Signature
/s/ Cara Soffer, Attorney-in-Fact for Suzanne A. Scrabis
Issuer symbol
XWEL
Transactions as of
31 Oct 2023
Transactions value $
-$924
Form type
4
Filing time
01 Nov 2023, 17:46:58 UTC
Previous filing
12 Jul 2023
Next filing
10 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XWEL Common Stock Tax liability -$924 -432 -8.64% $2.14 4.57K 31 Oct 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On the Transaction Date, the Reporting Person elected to satisfy tax withholding liability incurred upon the vesting of Restricted Stock Units on September 30, 2023 by surrendering some of the shares that vested on such date.
F2 Effective September 28, 2023, the issuer effected a one-for-twenty reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.