{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-007853","form_type":"8-K","ticker":"XWEL","cik":"0001410428","company_name":"XWELL, Inc.","filed_at":"2022-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:04:06.351101+00:00","generated_at":"2026-06-27T15:24:08.694271+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"XpresSpa CEO Satzman receives $475K severance, equity vesting; Scott Milford named director","bullets":["Severance: $475,000 base salary over 12 months; COBRA subsidy through Jan 2023.","Incentive compensation of $168,341 for 2021; immediate vesting of all outstanding stock options and RSUs.","Scott R. Milford appointed to Board effective Jan 21, 2022, filling vacancy from Satzman's resignation."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-007853","json":"https://secwatch.observer/filing/0001104659-22-007853.json","markdown":"https://secwatch.observer/filing/0001104659-22-007853.md","text":"https://secwatch.observer/filing/0001104659-22-007853.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1410428/000110465922007853/0001104659-22-007853-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1410428/000110465922007853/tm224576-1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T15:24:08.694271+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"01df2eb0f4","claim":"Douglas Satzman resigned as President and Chief Executive Officer at XWELL, Inc..","evidence_excerpt":"Douglas Satzman resigned as the President and Chief Executive Officer of the Company for personal reasons effective as of January 19, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1410428/000110465922007853/0001104659-22-007853-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"b48fb891e5","claim":"Scott R. Milford was appointed as member of the Board at XWELL, Inc..","evidence_excerpt":"The previously reported appointment of Scott R. Milford as a member of the Board with an initial term expiring at the Company’s 2022 Annual Meeting of Stockholders became effective as of January 21, 2022","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1410428/000110465922007853/0001104659-22-007853-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"member of the Board"}],"fact_type":"executive_change"},{"claim_id":"be76ef763e","claim":"Douglas Satzman resigned as director at XWELL, Inc..","evidence_excerpt":"the Separation and Release effectuates Mr. Satzman’s resignation a director of the Company and all of its subsidiaries.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1410428/000110465922007853/0001104659-22-007853-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}