---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-114456"
form_type: "8-K"
ticker: "XWEL"
cik: "0001410428"
company_name: "XWELL, Inc."
filed_at: "2026-10-08T00:41:21+00:00"
generated_at: "2026-10-12T15:42:36.307166+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# XpresTest repurchases 279.5 RSAs for $2.7M ahead of sale; XWELL now owns 100% of subsidiary

## Summary
- XpresTest, Inc., a XWELL subsidiary, bought back 279.5 restricted stock awards for about $2.7M cash, or $9,634.09 per share; no XpresTest RSAs remain outstanding.
- Chairman Bruce T. Bernstein received $1,030,847.61 for 107 RSAs; CEO Ezra T. Ernst $529,874.94 for 55; CFO Ian Brown $96,340.90 for 10, five of which vested at repurchase.
- The $9,634.09 per-share price matches the value Buyer Express Wellness Group and XWELL agreed for the RSAs under the July 6, 2026 Securities Purchase Agreement.
- All previously unvested RSAs became fully vested; the other 107.5 shares were held by five current or former employees and service providers.
- Paid early with Buyer consent, so these amounts will not count toward XWELL's unpaid sale expenses that would otherwise cut the Buyer's purchase price dollar-for-dollar.

## SEC filing metadata
- accession: 0001104659-26-114456
- form_type: 8-K
- ticker: XWEL
- cik: 0001410428
- company_name: XWELL, Inc.
- filed_at: 2026-10-08T00:41:21+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1410428/000110465926114456/0001104659-26-114456-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1410428/000110465926114456/tm2621012d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-114456
- JSON: https://secwatch.observer/filing/0001104659-26-114456.json
- Plain text: https://secwatch.observer/filing/0001104659-26-114456.txt

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