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Destination XL Group (DXLG) director granted 35,504 shares in stock compensation

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

Rhea-AI Filing Summary

Destination XL Group director Jack Boyle received 35,504 shares of common stock on February 2, 2026, at $0.683 per share. These shares were issued as his elected form of compensation for his quarterly annual retainer and committee chairperson fee. Following this equity grant, he beneficially owns 582,658 common shares directly.

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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*
Boyle Jack

(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 35,504(1) A $0.683 582,658 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 and committee chairperson fee.
Robert S. Molloy, Attorney-in-Fact for Jack Boyle 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 DXLG director Jack Boyle report?

DXLG director Jack Boyle reported receiving 35,504 shares of common stock on February 2, 2026. The shares were acquired at a price of $0.683 per share as part of his elected equity compensation for board retainer and committee chairperson service.

How many DXLG shares does Jack Boyle own after this Form 4 filing?

After this reported transaction, Jack Boyle beneficially owns 582,658 shares of Destination XL Group common stock directly. This total reflects the addition of 35,504 shares issued as compensation for his quarterly annual retainer and committee chairperson fee rather than an open-market purchase.

Was the DXLG insider transaction a purchase or compensation grant?

The DXLG insider transaction was a compensation-related share issuance, not an open-market purchase. The 35,504 common shares were granted to director Jack Boyle under his elected form of payment for his quarterly annual board retainer and committee chairperson compensation, at a stated price of $0.683.

What price per share is reported in Jack Boyle’s DXLG Form 4?

The Form 4 reports a price of $0.683 per share for the 35,504 Destination XL Group common shares. This figure reflects the value used for issuing the shares as equity compensation tied to Jack Boyle’s director retainer and committee chairperson fee rather than a market trade.

What role does Jack Boyle hold at Destination XL Group (DXLG)?

Jack Boyle is identified as a director of Destination XL Group. The Form 4 notes his relationship to the issuer as a director, and the reported 35,504-share grant represents equity compensation linked to his board retainer and committee chairperson responsibilities at the company.

Are Jack Boyle’s reported DXLG shares held directly or indirectly?

The Form 4 classifies Jack Boyle’s holdings as directly owned. After the 35,504-share compensation issuance, his beneficial ownership totals 582,658 Destination XL Group common shares, and the ownership form is listed as “D” for direct, with no indirect holding entity disclosed in the filing excerpt.
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