Destination XL Group (DXLG) director awarded 35,923 common shares
Rhea-AI Filing Summary
Rubin Elaine reported acquisition or exercise transactions in this Form 4 filing.
Destination XL Group director Elaine Rubin received a grant of 35,923 shares of common stock on August 3, 2026, as her elected stock compensation for a quarterly board retainer at $0.5637 per share. After this grant she holds 293,570 shares directly and 15,000 shares indirectly through her spouse’s IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 35,923 shares
Net Buy
2 txns
Insider
Rubin Elaine
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 par value F1 | 35,923 | $0.5637 | $20K |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value — 293,570 shares (Direct);
Common Stock, $0.01 par value — 15,000 shares (Indirect, By spouse's IRA account)
Footnotes (1)
- F1. Shares issued pursuant to the Director's elected form of compensation for quarterly annual retainer.
Key Figures
Shares granted: 35,923 shares
Grant price: $0.5637 per share
Direct holdings after grant: 293,570 shares
+1 more
4 metrics
Shares granted
35,923 shares
Non-derivative stock grant on August 3, 2026 as director retainer compensation
Grant price
$0.5637 per share
Value assigned to the 35,923-share stock grant
Direct holdings after grant
293,570 shares
Common stock directly owned by Elaine Rubin following the reported grant
Indirect holdings
15,000 shares
Common stock held indirectly through spouse’s IRA account
Key Terms
non-derivative, grant, award, or other acquisition, quarterly annual retainer, IRA account
4 terms
non-derivative financial
"Transaction type is reported as non-derivative common stock, $0.01 par value."
grant, award, or other acquisition financial
"Transaction code A is described as a grant, award, or other acquisition."
quarterly annual retainer financial
"Shares issued pursuant to the Director's elected form of compensation for quarterly annual retainer."
IRA account financial
"Indirect ownership is noted as by spouse's IRA account."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock grant did Destination XL (DXLG) director Elaine Rubin receive?
Elaine Rubin received a grant of 35,923 common shares of Destination XL Group on August 3, 2026 at $0.5637 per share. The shares were issued as her elected stock compensation for a quarterly director retainer, not as an open-market purchase.
Was Elaine Rubin’s Destination XL (DXLG) stock award part of director compensation?
Yes. The 35,923-share issuance is described as shares issued under her elected form of compensation for a quarterly annual director retainer. This indicates the transaction is a compensation-related stock grant rather than a discretionary market transaction.
Is Elaine Rubin’s indirect ownership in Destination XL (DXLG) reported?
Yes. In addition to her direct holdings, the report lists 15,000 shares of Destination XL Group common stock as indirectly owned through her spouse’s IRA account, reflecting a separate category of beneficial ownership from her directly held shares.
Was Elaine Rubin’s Destination XL (DXLG) stock grant under a Rule 10b5-1 plan?
The insider report’s Rule 10b5-1 section is not marked as affirming a trading plan, and no footnote states the grant was made under such a plan. It is characterized instead as stock issued pursuant to her elected director compensation.