Destination XL Group (DXLG) director receives 39,049-share equity grant

Rhea-AI Filing Summary

Boyle Jack reported acquisition or exercise transactions in this Form 4 filing.

DESTINATION XL GROUP, INC. director Jack Boyle received a grant of 39,049 shares of common stock as equity compensation. The shares were issued under his elected form of payment for his quarterly annual retainer and committee chairperson fee. Following this non‑market grant, he directly holds 621,707 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Boyle Jack

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $0.01 par value	39,049	$0.621	$24K

Holdings After Transaction: Common Stock, $0.01 par value — 621,707 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 39,049 shares Grant value per share: $0.621 per share Shares owned after grant: 621,707 shares

3 metrics

Shares granted 39,049 shares Equity compensation grant to director Jack Boyle

Grant value per share $0.621 per share Reported price for the 39,049-share compensation grant

Shares owned after grant 621,707 shares Total common shares directly held by Jack Boyle following transaction

Key Terms

grant/award acquisition, quarterly annual retainer, committee chairperson fee

3 terms

grant/award acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

quarterly annual retainer financial

"elected form of compensation for quarterly annual retainer"

committee chairperson fee financial

"compensation for quarterly annual retainer and committee chairperson fee"

Form 4 Insider Transactions: What Each Field Means →

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 MASSACHUSETTS 02021

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/04/2026		A		39,049(1)	A	$0.621	621,707	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	05/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did DXLG director Jack Boyle report?

Director Jack Boyle reported receiving 39,049 shares of Destination XL common stock as equity compensation. The shares were issued instead of cash for his quarterly annual retainer and committee chairperson fee, according to the Form 4 footnote.

Was Jack Boyle’s DXLG share acquisition an open-market purchase?

No, the 39,049 shares were granted as compensation, not bought on the open market. They were issued under Boyle’s elected form of payment for his quarterly annual retainer and committee chairperson fee, making this a routine, non-cash compensation event.

What price per share was reported for Jack Boyle’s DXLG stock grant?

The Form 4 lists a price of $0.621 per share for the 39,049 Destination XL common shares. This figure reflects the grant’s accounting value for reporting purposes rather than a cash purchase price in an open-market transaction.

How many Destination XL (DXLG) shares does Jack Boyle now hold?

After the reported grant, Jack Boyle directly owns 621,707 shares of Destination XL common stock. This total includes the 39,049 shares issued as equity compensation for his quarterly annual retainer and committee chairperson fee obligations.

Why were DXLG shares issued to Jack Boyle as compensation?

The footnote explains that shares were issued based on Boyle’s elected form of compensation. Instead of cash, he chose Destination XL common stock for his quarterly annual retainer and committee chairperson fee, resulting in the 39,049-share grant reported.