DXLG (DXLG) director Elaine Rubin awarded 32,608-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rubin Elaine reported acquisition or exercise transactions in this Form 4 filing.
DESTINATION XL GROUP director Elaine Rubin reported a routine equity grant and updated her holdings. She received 32,608 shares of common stock as a grant or award at a price of $0.621 per share, issued pursuant to her elected form of compensation for the quarterly director retainer. Following this award, she directly holds 257,647 shares. A separate entry shows 15,000 shares held indirectly through her spouse's IRA account, reflecting additional indirect ownership but not an open-market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Rubin Elaine
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 par value | 32,608 | $0.621 | $20K |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value — 257,647 shares (Direct, null);
Common Stock, $0.01 par value — 15,000 shares (Indirect, By spouse's IRA account)
Footnotes (1)
- [object Object]
Key Figures
Director stock grant: 32,608 shares
Grant value per share: $0.621 per share
Direct holdings after grant: 257,647 shares
+3 more
6 metrics
Director stock grant
32,608 shares
Grant/award acquisition of common stock
Grant value per share
$0.621 per share
Reported price for the 32,608-share grant
Direct holdings after grant
257,647 shares
Common stock held directly after transaction
Indirect holdings via spouse IRA
15,000 shares
Common stock held indirectly in spouse's IRA account
Transaction code
A
Grant, award, or other acquisition
Transaction date
May 4, 2026
Date of reported transactions
Key Terms
grant/award acquisition, Director's elected form of compensation, IRA account, indirect ownership
4 terms
grant/award acquisition financial
"transaction_action": "grant/award acquisition"
Director's elected form of compensation financial
"Shares issued pursuant to the Director's elected form of compensation"
IRA account financial
"nature_of_ownership": "By spouse's IRA account"
indirect ownership financial
"ownership_type": "indirect"
FAQ
What insider transaction did Elaine Rubin report for DXLG?
Elaine Rubin reported receiving a grant of 32,608 shares of DESTINATION XL GROUP common stock. The shares were issued as part of her elected form of compensation for the quarterly director retainer, rather than through an open-market purchase or sale.
Is Elaine Rubin’s DXLG transaction an open-market purchase or a grant?
The filing shows a grant or award acquisition of 32,608 DESTINATION XL GROUP shares, coded as an “A” transaction. Footnote disclosure explains the shares were issued as compensation for the quarterly director retainer, not as an open-market purchase.
What indirect DXLG holdings are associated with Elaine Rubin?
The Form 4 lists 15,000 DESTINATION XL GROUP shares held indirectly through her spouse’s IRA account. This entry is reported as indirect ownership and reflects a holding position, not a new buy or sell transaction in the market.