Destination XL Group (DXLG) director Conacher receives 29,648 shares

Rhea-AI Filing Summary

Destination XL Group director Lionel F. Conacher received 29,648 shares of common stock on February 2, 2026 as part of his director compensation. The shares, valued at $0.683 each, were issued for his quarterly retainer, chairman fee and committee chairperson fee.

Following this award, Conacher beneficially owns 375,960 shares of Destination XL Group common stock in direct ownership.

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

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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 MA 02021

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

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

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

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

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	02/02/2026		A		29,648(1)	A	$0.683	375,960	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 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. Conacher	02/04/2026
	** 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.

FAQ

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

Lionel F. Conacher reported receiving 29,648 shares of Destination XL Group common stock on February 2, 2026. The stock was issued as compensation for his quarterly director retainer, chairman fee and committee chairperson fee, rather than as an open-market purchase.

At what price were Lionel F. Conacher’s DXLG shares recorded?

The 29,648 Destination XL Group shares awarded to Lionel F. Conacher were reported at $0.683 per share. This price reflects the value used for the stock-based compensation entry, not a separately negotiated market trade price on that date.

How many Destination XL Group (DXLG) shares does Lionel F. Conacher now own?

After the February 2, 2026 stock compensation, Lionel F. Conacher beneficially owns 375,960 shares of Destination XL Group common stock. The Form 4 identifies these shares as held in direct ownership under his name, not through an intermediary entity.

Was Lionel F. Conacher’s DXLG stock award a market purchase or compensation?

The 29,648 Destination XL Group shares reported by Lionel F. Conacher were issued as compensation, not bought in the market. The footnote explains they were granted for his quarterly annual retainer, chairman fee and committee chairperson fee obligations.

What is Lionel F. Conacher’s role at Destination XL Group (DXLG)?

Lionel F. Conacher is identified as a director of Destination XL Group. The Form 4 notes that the reported common stock was issued pursuant to his elected form of compensation for serving as a director, chairman and committee chairperson at the company.