Destination XL Group (DXLG) director receives 3,951-share stock grant as pay
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 Trade Summary
Net Buyer: 3,951 shares
Net Buy
1 txn
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)
- F1. Shares issues pursuant to the Director's elected form of compensation for quarterly annual retainer, chairman fee and committee chairperson fee.
Key Figures
Shares granted: 3,951 shares
Grant price: $0.5637 per share
Total direct holdings after grant: 412,519 shares
+1 more
4 metrics
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
Key Terms
quarterly annual retainer, chairman fee, committee chairperson fee, Common Stock, $0.01 par value
4 terms
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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.
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.