Form 4: OneSpaWorld Holdings Director Leonard Fluxman Reports Share Transactions
SEC Form 4 Filing
Leonard Fluxman, a director at OneSpaWorld Holdings, reported the acquisition and disposal of common shares related to performance stock units.
Summary
- On February 11, 2025, Leonard Fluxman acquired 141,792 common shares upon the satisfaction of performance conditions related to previously granted Performance Stock Units (PSUs).
- These PSUs were originally granted on December 6, 2023, with one-third settling immediately in common shares and the remaining two-thirds to be settled in two equal installments on December 6, 2025, and December 6, 2026, subject to continued service.
- On February 12, 2025, Fluxman sold 18,886 shares at a weighted average price of $21.8334 per share to cover tax withholding obligations related to the PSU settlement.
- Following these transactions, Fluxman directly owns 1,686,966 common shares and indirectly owns 285,338 shares through Fluxman Family Holdings LLC.
Sentiment
Score: 6
Explanation: The document reflects routine transactions related to executive compensation, with no indication of significant positive or negative sentiment.
Future Outlook
Two-thirds of the Performance Stock Units will settle in two equal installments on December 6, 2025, and December 6, 2026, subject to continued service.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and share ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| December 6, 2023 | Original grant date of Performance Stock Units (PSUs) |
| February 11, 2025 | Acquisition of 141,792 common shares upon PSU vesting |
| February 12, 2025 | Sale of 18,886 common shares for tax obligations |
| February 13, 2025 | Date of Form 4 signature |
| December 6, 2025 | Next settlement date for remaining PSUs |
| December 6, 2026 | Final settlement date for remaining PSUs |
Keywords
OneSpaWorld Holdings, Leonard Fluxman, Form 4, Share Transactions, Performance Stock Units, OSW, Director, Common Shares
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