Kanen David sold STKS
June 27, 2025 · Form 4 insider transaction
Kanen David sold 24,431 shares of The ONE Group Hospitality, Inc. at $4.61 per share, a transaction worth $112.6K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
This Form 4 is filed jointly by David Kanen, Kanen Wealth Management, LLC ("KWM"), Philotimo Fund, LP, and Philotimo Focused Growth and Income Fund (collectively, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.; Due to circumstances beyond the Reporting Persons' control, KWM ceased to furnish investment advice to certain managed accounts, including as a result of the passing of certain account holders, and therefore the shares of the Issuer's common stock held in such accounts are no longer beneficially owned by KWM in its capacity as investment manager. Other than the transaction reported herein, changes in KWM's beneficial ownership since the last Form 4 filed by the Reporting Persons are attributable to KWM ceasing to beneficially own such shares of common stock.; Securities beneficially owned by KWM. Mr. Kanen, as the managing member of KWM, may be deemed to beneficially own the securities owned by KWM.