---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-090744"
form_type: "8-K"
ticker: "XWEL"
cik: "0001410428"
company_name: "XWELL, Inc."
filed_at: "2026-08-05T12:00:51+00:00"
generated_at: "2026-08-05T12:05:22.652588+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# XWELL appoints Gerard Reid to board; CEO Ernst resigns as director but remains CEO

## Summary
- CEO Ezra Ernst resigned as director effective Aug 3, 2026, to focus on CEO role; no disagreement.
- Gerard Reid appointed to board; globally recognized energy transition and capital markets expert.
- Reid co-founded Alexa Capital, formerly MD at Jefferies, co-hosts Redefining Energy podcast.
- Reid will receive $35,000 annual cash fee for board service.
- No material transactions or arrangements between Reid and XWELL.

## SEC filing metadata
- accession: 0001104659-26-090744
- form_type: 8-K
- ticker: XWEL
- cik: 0001410428
- company_name: XWELL, Inc.
- filed_at: 2026-08-05T12:00:51+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1410428/000110465926090744/0001104659-26-090744-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1410428/000110465926090744/tm2622217d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-090744
- JSON: https://secwatch.observer/filing/0001104659-26-090744.json
- Plain text: https://secwatch.observer/filing/0001104659-26-090744.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.