DXL Group SVP exercises 12,620 RSUs into shares

DESTINATION XL GROUP, INC. senior vice president and chief accounting officer John F. Cooney exercised restricted stock units into common shares.

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Rhea-AI Filing Summary

DESTINATION XL GROUP, INC. senior vice president and chief accounting officer John F. Cooney exercised restricted stock units into common shares. On April 1, 2026, he converted a total of 12,620 RSUs into the same number of common shares at a stated price of $0.00 per share.

All transactions were coded as derivative exercises with no open-market buys or sales reported. Following these conversions, Cooney directly holds 114,920 shares of common stock. The RSUs relate to the time-based portions of the company’s 2022–2027 long-term incentive plans, with remaining RSUs scheduled to vest between April 1, 2027 and April 1, 2029.

Insider Trade Summary

12,620 shares exercised/converted

Exercise 8 txns

Insider Cooney John F

Role SVP, Chief Accounting Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	1,730	$0.00	$0.00
Exercise	Restricted Stock Units	1,978	$0.00	$0.00
Exercise	Restricted Stock Units	2,447	$0.00	$0.00
Exercise	Restricted Stock Units	6,465	$0.00	$0.00
Exercise	Common Stock, $0.01 par value	1,730	$0.00	$0.00
Exercise	Common Stock, $0.01 par value	1,978	$0.00	$0.00
Exercise	Common Stock, $0.01 par value	2,447	$0.00	$0.00
Exercise	Common Stock, $0.01 par value	6,465	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 26,269 contracts (Direct); Common Stock, $0.01 par value — 114,920 shares (Direct)

Footnotes (5)

F1. Each RSU, as defined in the Company's 2016 Incentive Compensation Plan, represents a contingent right to receive one share of DXLG common stock.
F2. Represents RSUs for the time-based portion of the 2022-2024 Long-Term Inventive Plan awared to the Reporting Person on April 9, 2022.
F3. Represents RSUs for the time-based portion of the 2023-2025 Long-Term Inventive Plan awared to the Reporting Person on May 1, 2023. The remaining RSUs vest and become exercisable on April 1, 2027.
F4. Represents RSUs for the time-based portion of the 2024-2026 Long-Term Inventive Plan awared to the Reporting Person on April 1, 2024. The remaining RSUs vest and become exercisable on April 1, 2027 and April 1, 2028.
F5. Represents RSUs for the time-based portion of the 2025-2027 Long-Term Inventive Plan awared to the Reporting Person on April 1, 2025. The remaining RSUs vest and become exercisable on April 1, 2027, April 1, 2028 and April 1, 2029.

Key Figures

RSUs exercised: 12,620 units Shares acquired: 12,620 shares Post-transaction holdings: 114,920 shares +2 more

5 metrics

RSUs exercised 12,620 units Total restricted stock units converted on April 1, 2026

Shares acquired 12,620 shares Common stock received from RSU exercises on April 1, 2026

Post-transaction holdings 114,920 shares Direct DXLG common stock held after exercises

Exercise price $0.00 per share Stated price for RSU conversion into common stock

Exercise transactions 4 derivative entries RSU exercises coded as “M” on April 1, 2026

Key Terms

Restricted Stock Units, 2016 Incentive Compensation Plan, Long-Term Inventive Plan, time-based portion, +1 more

5 terms

Restricted Stock Units financial

"Each RSU ... represents a contingent right to receive one share of DXLG common stock."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

2016 Incentive Compensation Plan financial

"Each RSU, as defined in the Company's 2016 Incentive Compensation Plan, represents a contingent right..."

Long-Term Inventive Plan financial

"Represents RSUs for the time-based portion of the 2022-2024 Long-Term Inventive Plan awared..."

time-based portion financial

"Represents RSUs for the time-based portion of the 2025-2027 Long-Term Inventive Plan awared..."

vest and become exercisable financial

"The remaining RSUs vest and become exercisable on April 1, 2027 and April 1, 2028."

FAQ

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What insider transaction did John F. Cooney report for DESTINATION XL GROUP (DXLG)?

John F. Cooney reported exercising restricted stock units into common stock. On April 1, 2026, he converted 12,620 RSUs into 12,620 DXLG common shares at a stated price of $0.00 per share, with no open-market purchases or sales disclosed.

How many DXLG shares does John F. Cooney hold after this Form 4 filing?

After these transactions, John F. Cooney directly holds 114,920 shares of DXLG common stock. This total reflects the addition of 12,620 shares acquired through RSU exercises on April 1, 2026, with no reported dispositions reducing his direct common stock position.

How many restricted stock units did John F. Cooney exercise into DXLG common stock?

He exercised a total of 12,620 restricted stock units into DXLG common stock. The Form 4 shows RSU exercises of 1,730, 1,978, 2,447, and 6,465 units, all on April 1, 2026, each converting on a one-for-one basis into common shares.

Did John F. Cooney sell any DXLG shares in this Form 4 transaction?

No sales were reported in this Form 4. All entries are coded as “M” derivative exercises, converting restricted stock units into common shares at a stated price of $0.00, with no open-market sale, tax-withholding disposition, or gift transactions disclosed in the data.

What long-term incentive plans are linked to John F. Cooney’s DXLG RSUs?

The RSUs relate to the time-based portions of DXLG’s 2022–2024, 2023–2025, 2024–2026, and 2025–2027 Long-Term Incentive Plans. Footnotes state these awards were granted between April 2022 and April 2025 under the company’s 2016 Incentive Compensation Plan.

When do John F. Cooney’s remaining DXLG RSUs vest after this Form 4?

Footnotes state remaining RSUs from the 2023–2025, 2024–2026, and 2025–2027 plans vest on April 1, 2027, with additional tranches on April 1, 2028 and April 1, 2029. These remaining units continue to represent contingent rights to receive DXLG common shares.

What is John F. Cooney’s role at DESTINATION XL GROUP, INC.?

John F. Cooney is an officer of DESTINATION XL GROUP, INC., serving as senior vice president and chief accounting officer. His position is explicitly identified in the Form 4 data, and the reported equity awards reflect compensation granted in that executive capacity.

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Accepted by SEC EDGAR 04/03/2026 - 12:52 PM EDT

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^*

Cooney John F

(Last)

(First)

(Middle)

C/O DESTINATION XL GROUP, INC.

555 TURNPIKE STREET

(Street)

CANTON

MASSACHUSETTS

02021

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
DESTINATION XL GROUP, INC. [ DXLG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP, Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, $0.01 par value	04/01/2026		M		1,730	A	⁽¹⁾	104,030	D
Common Stock, $0.01 par value	04/01/2026		M		1,978	A	⁽¹⁾	106,008	D
Common Stock, $0.01 par value	04/01/2026		M		2,447	A	⁽¹⁾	108,455	D
Common Stock, $0.01 par value	04/01/2026		M		6,465	A	⁽¹⁾	114,920	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	04/01/2026		M			1,730	⁽²⁾	⁽²⁾	Common Stock	1,730	$0	0	D
Restricted Stock Units	⁽¹⁾	04/01/2026		M			1,978	⁽³⁾	⁽³⁾	Common Stock	1,978	$0	1,979	D
Restricted Stock Units	⁽¹⁾	04/01/2026		M			2,447	⁽⁴⁾	⁽⁴⁾	Common Stock	2,447	$0	4,894	D
Restricted Stock Units	⁽¹⁾	04/01/2026		M			6,465	⁽⁵⁾	⁽⁵⁾	Common Stock	6,465	$0	19,396	D

Explanation of Responses:

1. Each RSU, as defined in the Company's 2016 Incentive Compensation Plan, represents a contingent right to receive one share of DXLG common stock.

2. Represents RSUs for the time-based portion of the 2022-2024 Long-Term Inventive Plan awared to the Reporting Person on April 9, 2022.

3. Represents RSUs for the time-based portion of the 2023-2025 Long-Term Inventive Plan awared to the Reporting Person on May 1, 2023. The remaining RSUs vest and become exercisable on April 1, 2027.

4. Represents RSUs for the time-based portion of the 2024-2026 Long-Term Inventive Plan awared to the Reporting Person on April 1, 2024. The remaining RSUs vest and become exercisable on April 1, 2027 and April 1, 2028.

5. Represents RSUs for the time-based portion of the 2025-2027 Long-Term Inventive Plan awared to the Reporting Person on April 1, 2025. The remaining RSUs vest and become exercisable on April 1, 2027, April 1, 2028 and April 1, 2029.

	John F. Cooney	04/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR