Destination XL interim CEO awarded 25,720 shares

DESTINATION XL GROUP, INC. reported that Interim CEO and director Lionel F. Conacher received a grant of 25,720 shares of common stock on August 12, 2026.

Rhea-AI Filing Summary

DESTINATION XL GROUP, INC. reported that Interim CEO and director Lionel F. Conacher received a grant of 25,720 shares of common stock on August 12, 2026. The shares were issued as compensation for his service as Interim Chief Executive Officer. Following this award, his direct holdings total 438,239 shares of common stock. The transaction was reported as a grant or other acquisition at a reference value of $0.5832 per share and was not made under a Rule 10b5-1 trading plan.

Insider Trade Summary

Grant/Award: 25,720 shares

Grant/Award 1 txn

Insider Conacher Lionel F.

Role Interim CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $0.01 par value F1	25,720	$0.5832	$15K

Holdings After Transaction: Common Stock, $0.01 par value — 438,239 shares (Direct)

Footnotes (1)

1. F1. Shares issued as compensation for service as Interim Chief Executive Officer.

Key Figures

Shares granted: 25,720 shares Grant reference value: $0.5832 per share Shares held after transaction: 438,239 shares

3 metrics

Shares granted 25,720 shares Common stock grant to Interim CEO Lionel F. Conacher on August 12, 2026

Grant reference value $0.5832 per share Value applied to the 25,720-share common stock award

Shares held after transaction 438,239 shares Direct common stock ownership by Lionel F. Conacher following the grant

Key Terms

grant/award acquisition, Interim Chief Executive Officer, Rule 10b5-1 trading plan

3 terms

grant/award acquisition financial

"The transaction was reported as a grant/award acquisition of common stock"

Interim Chief Executive Officer other

"Shares issued as compensation for service as Interim Chief Executive Officer"

An interim chief executive officer is a temporary leader appointed to run a company while the board searches for a permanent CEO or manages an unexpected departure. Investors pay attention because this person shapes near-term strategy, stability and market confidence—like a substitute driver steering the car until the regular driver returns—and their actions and credibility can influence share price, hiring and major deals.

Rule 10b5-1 trading plan regulatory

"The transaction was not made under a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

DXLG reported that Interim CEO Lionel F. Conacher received a grant of 25,720 shares of common stock. The shares were issued as compensation for his service as Interim Chief Executive Officer on August 12, 2026.

How many DXLG shares does Lionel F. Conacher hold after this Form 4?

After the reported grant, Lionel F. Conacher directly holds 438,239 shares of DESTINATION XL GROUP, INC. common stock. This figure reflects his post-transaction ownership as disclosed in the Form 4 filing.

What was the reference value per share in the DXLG Form 4 grant?

The reported grant to Lionel F. Conacher used a reference value of $0.5832 per share. This value applies to the 25,720-share award of common stock recorded as compensation for his Interim CEO role.

Was the DXLG insider grant to Lionel F. Conacher under a Rule 10b5-1 plan?

No, the filing indicates the transaction was not made under a Rule 10b5-1 trading plan. The document-level checkbox for Rule 10b5-1 was explicitly unchecked (aff_10b5_one set to false).

What role does Lionel F. Conacher hold at DXLG in this Form 4?

Lionel F. Conacher is identified as both a director and the Interim Chief Executive Officer of DESTINATION XL GROUP, INC. The reported share grant was issued as compensation for his Interim CEO service.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/14/2026 - 04:26 PM EDT Accepted by SEC EDGAR 08/14/2026 - 04:03 PM EDT Learn about SEC filing dates

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^*

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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Interim CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/12/2026

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	08/12/2026		A		25,720(1)	A	$0.5832	438,239	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 as compensation for service as Interim Chief Executive Officer.

	Robert S. Molloy, Attorney-In-Fact for Lionel F. Conacher	08/14/2026
	** 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)