Destination XL (DXLG) director granted 32,608 shares as quarterly retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bauza Carmen reported acquisition or exercise transactions in this Form 4 filing.
DESTINATION XL GROUP, INC. director Carmen Bauza received a grant of 32,608 shares of common stock on May 4, 2026. The shares were issued as the director’s elected form of compensation for a quarterly annual retainer, rather than an open-market purchase. Following this award, Bauza directly holds 181,135 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bauza Carmen
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 par value | 32,608 | $0.621 | $20K |
Holdings After Transaction:
Common Stock, $0.01 par value — 181,135 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 32,608 shares
Reported grant price: $0.6210 per share
Shares held after: 181,135 shares
+2 more
5 metrics
Shares granted
32,608 shares
Non-derivative stock award on May 4, 2026
Reported grant price
$0.6210 per share
Value used for the 32,608-share award
Shares held after
181,135 shares
Direct common stock holdings after grant
Transaction count (acquisitions)
1 transaction
Single grant/award acquisition reported
Buy transactions
0 transactions
No open-market purchases reported in this filing
Key Terms
Form 4, non-derivative, Grant, award, or other acquisition, quarterly annual retainer, +1 more
5 terms
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
non-derivative financial
""transaction_type": "non-derivative""
Grant, award, or other acquisition financial
""transaction_code_description": "Grant, award, or other acquisition""
quarterly annual retainer financial
"compensation for quarterly annual retainer."
Common Stock, $0.01 par value financial
""security_title": "Common Stock, $0.01 par value""
FAQ
What did DESTINATION XL (DXLG) director Carmen Bauza report on this Form 4?
Director Carmen Bauza reported receiving 32,608 shares of DESTINATION XL common stock. The shares were granted as compensation for her quarterly annual retainer, not bought on the open market, and increased her direct holdings to 181,135 shares after the transaction.
Was the DXLG Form 4 transaction a stock purchase or a compensation grant?
The Form 4 shows a compensation grant, not a purchase. The A code and footnote explain the 32,608 shares were issued pursuant to Bauza’s elected form of compensation for her quarterly annual retainer as a director of Destination XL Group.
Does the DXLG Form 4 for Carmen Bauza involve any derivative securities?
No, the reported transaction involves only non-derivative common stock. The filing lists a grant of 32,608 shares of common stock, and the derivative securities summary section is empty, indicating no options, warrants, or other derivatives in this specific report.