Form 4: Xponential Fitness Director Mark Grabowski Reports Changes in Beneficial Ownership

Mark Grabowski, a director at Xponential Fitness, filed a Form 4 detailing changes in his beneficial ownership of the company's stock, including the acquisition of Class A common stock and holdings through related entities.

Summary

• On October 1, 2024, Mark Grabowski, a director of Xponential Fitness, Inc. (XPOF), reported changes in his beneficial ownership of the company's securities.
• He acquired 2,645 shares of Class A Common Stock at $0, representing restricted stock units (RSUs) granted for his services on the Issuer's board of directors.
• Following the transaction, Grabowski directly owns 30,546 shares of Class A Common Stock.
• He also indirectly owns 6,855,613 shares of Class A Common Stock, 0 shares of Class A Common Stock, and 7,453,744 shares of Class B Common Stock through H&W Investco II LP and H&W Investco LP, respectively.
• Grabowski also indirectly holds 7,453,744 LLC Units in Xponential Holdings LLC through H&W Investco LP, each redeemable for Class A Common Stock or a cash payment.
• MGAG LLC, where Grabowski is the sole manager, is the general partner of H&W Investco LP and H&W Investco II LP.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document is a standard regulatory filing detailing changes in ownership. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

• The acquisition of shares through RSUs could be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates changes in the holdings of a key director at Xponential Fitness.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a key director.

Key Dates