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Destination XL (DXLG) director granted 29,648 shares as quarterly retainer

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Destination XL Group director Carmen R. Bauza received 29,648 shares of common stock as compensation on February 2, 2026. The shares were issued at a price of $0.683 per share under her elected form of payment for the quarterly board retainer, rather than in cash.

Following this grant, she directly holds a total of 148,527 Destination XL Group common shares, reflecting her ongoing equity-based compensation as a director.

Positive

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Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bauza Carmen

(Last) (First) (Middle)
C/O DESTINATION XL GROUP, INC.
555 TURNPIKE STREET

(Street)
CANTON MA 02021

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DESTINATION XL GROUP, INC. [ DXLG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $0.01 par value 02/02/2026 A 29,648(1) A $0.683 148,527 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares issued pursuant to the Director's elected form of compensation for quarterly annual retainer.
Robert S. Molloy, Attorney-In-Fact for Carmen R. Bauza 02/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Destination XL Group (DXLG) report for Carmen R. Bauza?

Destination XL Group reported that director Carmen R. Bauza received 29,648 shares of common stock on February 2, 2026. The transaction reflects stock issued as part of her elected form of quarterly director retainer compensation, rather than an open-market purchase or sale.

At what price were Carmen R. Bauza’s Destination XL (DXLG) compensation shares issued?

Carmen R. Bauza’s compensation shares were issued at $0.683 per share. This price applies to the 29,648 Destination XL common shares received as part of her quarterly director retainer, representing equity compensation instead of a cash payment for board service.

How many Destination XL (DXLG) shares does director Carmen R. Bauza own after this transaction?

After the February 2, 2026 issuance, Carmen R. Bauza beneficially owns 148,527 Destination XL common shares directly. This updated holding reflects the addition of 29,648 shares received as her elected stock-based payment for the quarterly director retainer compensation.

Was Carmen R. Bauza’s Destination XL (DXLG) share transaction a purchase, sale, or grant?

The transaction was a grant of shares coded as an acquisition (A), not an open-market purchase or sale. Destination XL issued 29,648 common shares to director Carmen R. Bauza as stock compensation for her quarterly annual board retainer.

Why did Destination XL (DXLG) issue 29,648 shares to director Carmen R. Bauza?

Destination XL issued 29,648 shares to Carmen R. Bauza pursuant to her elected form of compensation for the quarterly annual director retainer. Instead of taking cash, she received common stock, aligning a portion of her board compensation with company equity.
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