Form 4: Director Scott Ross and Affiliates Increase Stake in ONE Group Hospitality

Director Scott Ross and affiliated entities have reported the acquisition of 6,481 shares of common stock in ONE Group Hospitality, Inc. at a price of $0, increasing their total beneficial ownership to 35,561 shares.

Summary

• Scott Ross, a Director of ONE Group Hospitality, Inc. (STKS), along with affiliated entities including HPC III Kaizen LP, Hill Path Capital Partners III GP LLC, Hill Path Investment Holdings III LLC, Hill Path Capital LP, and Hill Path Holdings LLC, reported an acquisition of common stock.
• On June 30, 2025, 6,481 shares of common stock were acquired at a price of $0 per share.
• Following this transaction, the total beneficial ownership of common stock by the reporting persons stands at 35,561 shares.
• The reporting persons disclaim beneficial ownership of the securities except to the extent of their pecuniary interest.

Sentiment

Score: 7

Explanation: The acquisition of additional shares by a director and affiliated investment entities, even at a $0 price (likely a grant), generally indicates increased alignment of interests between management/insiders and shareholders.

Positives

• Director Scott Ross and affiliated entities increased their beneficial ownership in ONE Group Hospitality, Inc. by acquiring 6,481 shares.
• The acquisition of shares, even at a $0 price (likely a grant), aligns the interests of the director and affiliated investment entities with those of the shareholders.

Future Outlook

Not applicable for this type of filing.

Management Comments

• Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Industry Context

This Form 4 filing reflects an insider transaction within the hospitality industry, specifically related to ONE Group Hospitality, Inc. Such transactions are common and often reflect compensation or strategic alignment rather than market-driven purchases, especially when the price is $0.

Comparison to Industry Standards

• NA

Related Party Transactions

• The acquisition of shares by a director and entities affiliated with the director constitutes a related party transaction, specifically an insider transaction.

Stakeholder Impact

• Shareholders: Increased alignment of interests between a director and shareholders due to increased beneficial ownership.

Key Dates

Keywords

ONE Group Hospitality, STKS, Scott Ross, Form 4, Insider Transaction, Beneficial Ownership, Equity Acquisition, Director Ownership, Share Grant, Hill Path Capital