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Destination XL Group (DXLG) director receives 3,951-share stock grant as pay

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(Neutral)
Form Type
4

Rhea-AI Filing Summary

Conacher Lionel F. reported acquisition or exercise transactions in this Form 4 filing.

DESTINATION XL GROUP, INC. director Lionel F. Conacher received a grant of 3,951 shares of common stock on August 3, 2026, at a reported value of $0.5637 per share. The stock was issued as board and committee compensation, increasing his direct holdings to 412,519 shares.

Positive

  • None.

Negative

  • None.
Insider Conacher Lionel F.
Role Director
Type Security Shares Price Value
Grant/Award Common Stock, $0.01 par value F1 3,951 $0.5637 $2K
Holdings After Transaction: Common Stock, $0.01 par value — 412,519 shares (Direct)
Footnotes (1)
  1. F1. Shares issues pursuant to the Director's elected form of compensation for quarterly annual retainer, chairman fee and committee chairperson fee.
Shares granted 3,951 shares Grant to director Lionel F. Conacher on August 3, 2026
Grant price $0.5637 per share Reported value per share for the stock grant
Total direct holdings after grant 412,519 shares Director's direct common stock ownership after this transaction
Acquisition-type transactions reported 1 Number of acquisition transactions in this Form 4
quarterly annual retainer financial
"compensation for quarterly annual retainer, chairman fee"
chairman fee financial
"compensation for quarterly annual retainer, chairman fee"
committee chairperson fee financial
"and committee chairperson fee."
Common Stock, $0.01 par value financial
"security title: Common Stock, $0.01 par value"

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FAQ

What insider transaction did DXLG director Lionel F. Conacher report?

Lionel F. Conacher reported receiving a grant of 3,951 shares of Destination XL Group common stock. The award was classified as a grant or other acquisition rather than an open-market purchase or sale.

At what price was the DXLG stock grant to Lionel F. Conacher valued?

The reported value for Lionel F. Conacher’s stock grant was $0.5637 per share. This value reflects the per-share amount used to record the 3,951-share compensation award in the Form 4 filing.

How many Destination XL Group (DXLG) shares does Lionel F. Conacher hold after this grant?

After the reported grant, Lionel F. Conacher directly holds 412,519 shares of Destination XL Group common stock. This total includes the newly issued 3,951 shares received as director and committee compensation.

Was the DXLG stock grant to Lionel F. Conacher part of his board compensation?

Yes. The 3,951 shares were issued according to the director’s elected form of compensation, covering his quarterly annual retainer, chairman fee, and committee chairperson fee, rather than being a discretionary market transaction.

Was Lionel F. Conacher’s DXLG stock grant made under a Rule 10b5-1 trading plan?

No. The Rule 10b5-1 trading-plan checkbox for this transaction was not marked, indicating the reported stock grant was not executed pursuant to a pre-arranged Rule 10b5-1 trading plan.
SEC Form 4
FORM 4UNITED 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*
Conacher Lionel F.

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, $0.01 par value08/03/2026A3,951(1)A$0.5637412,519D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares issues pursuant to the Director's elected form of compensation for quarterly annual retainer, chairman fee and committee chairperson fee.
Robert S. Molloy, Attorney-In-Fact for Lionel F. Conacher08/05/2026
** Signature of Reporting PersonDate
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)