Ivy Ross receives 29,648 Destination XL (DXLG) shares as fees

Rhea-AI Filing Summary

Destination XL Group director Ivy Ross reported receiving 29,648 shares of common stock on 02/02/2026 at $0.683 per share. These shares were issued as her elected form of compensation for the quarterly annual retainer and committee chairperson fee, bringing her directly owned holdings to 304,743 shares.

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^*

Ross Ivy

(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	304,743	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 Ivy Ross	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).
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FAQ

What did Destination XL Group (DXLG) director Ivy Ross report on this Form 4?

Ivy Ross reported receiving 29,648 shares of Destination XL Group common stock on 02/02/2026 at $0.683 per share. The filing shows this was a stock issuance, not a market purchase, and reflects compensation-related equity rather than an open-market trade.

Why did Ivy Ross receive 29,648 DXLG shares according to the filing?

The filing states the 29,648 shares were issued under the director’s elected form of compensation for her quarterly annual retainer and committee chairperson fee. This means the shares represent board-service compensation rather than a discretionary investment decision by the director.

How many Destination XL Group shares does Ivy Ross own after this transaction?

After the award of 29,648 shares, Ivy Ross beneficially owns 304,743 shares of Destination XL Group common stock. The ownership is reported as direct, indicating the shares are held in her own name rather than through an intermediate entity or indirect structure.

What price per share was used for Ivy Ross’s DXLG stock compensation?

The transaction was reported at $0.683 per share for the 29,648 shares of common stock issued as director compensation. This price is used for reporting purposes on the Form 4 and reflects the value attributed to the equity portion of her board-service fees.

Is Ivy Ross’s Destination XL shareholding reported as direct or indirect ownership?

The Form 4 lists Ivy Ross’s 304,743 shares of Destination XL Group common stock as held directly. No nature-of-ownership footnote indicates indirect holding through a trust, LLC, or other entity, so the filing attributes the ownership and the compensation shares directly to her.

Does this Form 4 indicate any derivative securities for Ivy Ross in DXLG?

Table II for derivative securities in the filing is empty, indicating no reported derivative transactions such as options, warrants, or convertible securities for Ivy Ross in this event. The reported activity relates only to non-derivative common stock issued as board compensation.