DXL Group CHRO exercises 20,566 RSUs, holds stock
DESTINATION XL GROUP, INC.
Rhea-AI Filing Summary
DESTINATION XL GROUP, INC. Chief Human Resources Officer Stacey Jones reported routine equity compensation activity involving restricted stock units that vested into common stock. On April 1, 2026, Jones exercised RSUs covering 20,566 shares of common stock at a conversion price of $0.00 per share.
Of the resulting common shares, 6,656 shares were withheld to cover tax obligations, leaving Jones with 172,271 shares of common stock held directly after the transactions. The RSUs relate to the time-based portions of the company’s 2022-2024, 2023-2025, 2024-2026 and 2025-2027 Long-Term Incentive Plans, with remaining RSUs scheduled to vest on specified dates through 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
20,566 shares exercised/converted
Exercise
9 txns
Insider
Jones Stacey
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,649 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,030 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,314 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 10,573 | $0.00 | $0.00 |
| Exercise | Common Stock, $0.01 par value | 2,649 | $0.00 | $0.00 |
| Exercise | Common Stock, $0.01 par value | 3,030 | $0.00 | $0.00 |
| Exercise | Common Stock, $0.01 par value | 4,314 | $0.00 | $0.00 |
| Exercise | Common Stock, $0.01 par value | 10,573 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $0.01 par value | 6,656 | $0.51 | $3K |
Holdings After Transaction:
Restricted Stock Units — 43,373 contracts (Direct);
Common Stock, $0.01 par value — 172,271 shares (Direct)
Footnotes (6)
- 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 shares withheld from shares otherwise issuable upon vesting of RSUs for payment of taxes.
- F3. Represents RSUs for the time-based portion of the 2022-2024 Long-Term Inventive Plan awared to the Reporting Person on April 9, 2022.
- F4. 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.
- F5. 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.
- F6. 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
RSU shares exercised: 20,566 shares
Tax-withheld shares: 6,656 shares
Post-transaction holdings: 172,271 shares
+1 more
4 metrics
RSU shares exercised
20,566 shares
Total derivative exercises (M code) on April 1, 2026
Tax-withheld shares
6,656 shares
Shares withheld to pay taxes on April 1, 2026
Post-transaction holdings
172,271 shares
Common stock directly owned after transactions
RSU conversion price
$0.00 per share
Conversion or exercise price for RSUs into common stock
Key Terms
Restricted Stock Units, tax-withholding disposition, Long-Term Inventive Plan, time-based portion
4 terms
Restricted Stock Units financial
"Each RSU, as defined in the Company's 2016 Incentive Compensation Plan, represents a contingent right to receive one share"
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.
tax-withholding disposition financial
"Represents shares withheld from shares otherwise issuable upon vesting of RSUs for payment of taxes"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Long-Term Inventive Plan financial
"Represents RSUs for the time-based portion of the 2022-2024 Long-Term Inventive Plan awared to the Reporting Person"
time-based portion financial
"Represents RSUs for the time-based portion of the 2025-2027 Long-Term Inventive Plan awared to the Reporting Person"
FAQ
What did DXLG executive Stacey Jones report in this Form 4 filing?
Stacey Jones reported routine equity compensation activity. RSUs covering 20,566 shares of Destination XL common stock were exercised into shares on April 1, 2026, and some of those resulting shares were withheld to satisfy tax obligations, with the remaining shares held directly.
What are the key dates for Stacey Jones’s DXLG long-term incentive RSUs?
The RSUs relate to time-based portions of Long-Term Incentive Plans granted in 2022, 2023, 2024 and 2025. Remaining RSUs from these awards are scheduled to vest and become exercisable on April 1, 2027, April 1, 2028 and April 1, 2029, according to the footnote disclosures.
Were Stacey Jones’s DXLG Form 4 transactions open-market buys or sells?
The transactions were not open-market trades. They reflect RSU exercises (coded M) converting awards into common shares at $0.00 per share and a tax-withholding disposition (coded F), where 6,656 shares were delivered to satisfy tax liabilities instead of being sold in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
