Destination XL grants CEO Conacher 23,437 shares

DXLG’s Interim CEO Lionel F. Conacher received a stock grant as part of his compensation, increasing his direct ownership in the company.

Available on EDGAR 09/15/2026 - 04:32 PM EDT Accepted by SEC EDGAR 09/15/2026 - 04:31 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

DESTINATION XL GROUP, INC. (symbol: DXLG) is the issuer of record for a Form 4 filing submitted to the SEC. Conacher Lionel F. reported acquisition or exercise transactions in this Form 4 filing.

DESTINATION XL GROUP, INC. (DXLG) reported that director and Interim CEO Lionel F. Conacher received a grant of common stock as compensation. On September 12, 2026, he was awarded 23,437 shares of common stock at a value of $0.64 per share, increasing his direct holdings to 461,676 shares.

Insider Trade Summary

Grant/Award: 23,437 shares

Grant/Award 1 txn

Insider Conacher Lionel F.

Role Interim CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $0.01 par value F1	23,437	$0.64	$15K

Holdings After Transaction: Common Stock, $0.01 par value — 461,676 shares (Direct)

Holdings Before and After: Common Stock, $0.01 par value, 438,239 to 461,676 shares (Direct)

Footnotes (1)

1. F1. Shares issued as compensation for service as Interim Chief Executive Officer.

Key Figures

Shares granted: 23,437 shares Reported value per share: $0.64 per share Shares held after transaction: 461,676 shares

3 metrics

Shares granted 23,437 shares Common stock grant to Interim CEO on September 12, 2026

Reported value per share $0.64 per share Value used for the 23,437-share compensation grant

Shares held after transaction 461,676 shares Direct ownership of Lionel F. Conacher following the grant

Key Terms

Grant, award, or other acquisition, Form 4, Interim Chief Executive Officer, Common Stock, $0.01 par value

4 terms

Grant, award, or other acquisition regulatory

"The transaction is described as a Grant, award, or other acquisition"

Form 4 regulatory

"Insider transaction is reported on a Form 4 ownership filing"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Interim Chief Executive Officer financial

"Shares issued as compensation for service as Interim Chief Executive Officer"

An interim chief executive officer is a temporary leader appointed to run a company while the board searches for a permanent CEO or manages an unexpected departure. Investors pay attention because this person shapes near-term strategy, stability and market confidence—like a substitute driver steering the car until the regular driver returns—and their actions and credibility can influence share price, hiring and major deals.

Common Stock, $0.01 par value financial

"Security title is listed as Common Stock, $0.01 par value"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did DXLG report for Lionel F. Conacher?

DXLG reported that Interim CEO and director Lionel F. Conacher received a grant of 23,437 shares of common stock on September 12, 2026, as compensation for his service as Interim Chief Executive Officer, at a value recorded as $0.64 per share.

How many DXLG shares does Lionel F. Conacher own after this Form 4 transaction?

After the September 12, 2026 grant, Lionel F. Conacher directly holds 461,676 shares of DESTINATION XL GROUP, INC. common stock, according to the Form 4 filing.

Was the DXLG Form 4 transaction a purchase or a grant?

The DXLG Form 4 transaction was a grant/award acquisition, not an open-market purchase. The 23,437 common shares were issued as compensation for service as Interim Chief Executive Officer.

What price per share is reported for the DXLG stock grant to Lionel F. Conacher?

The Form 4 lists a value of $0.64 per share for the 23,437 DXLG common shares granted to Lionel F. Conacher on September 12, 2026.

Is the DXLG insider transaction under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not affirmed, and there is no footnote indicating that the September 12, 2026 stock grant to Lionel F. Conacher was made pursuant to a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Conacher Lionel 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Interim CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/12/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.01 par value	09/12/2026		A		23,437(1)	A	$0.64	461,676	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 as compensation for service as Interim Chief Executive Officer.

	Peter H. Stratton, Jr., Attorney-In-Fact for Lionel F. Conacher	09/15/2026
	** 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)