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Destination XL Group (DXLG) sees Nomura report 6.1% beneficial ownership stake

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Nomura Holdings, Inc. and its subsidiary Nomura Global Financial Products, Inc. reported beneficial ownership of common stock of Destination XL Group, Inc.. The filing states that Nomura entities have shared voting and dispositive power over 3,393,348 shares of common stock, representing 6.1% of the outstanding shares.

The ownership percentage is based on 55,273,092 shares of Destination XL common stock outstanding as of June 15, 2026, as referenced from the company’s proxy statement. Voting and dispositive powers are held on a shared basis, with no sole voting or dispositive power reported by the Nomura entities.

Positive

  • None.

Negative

  • None.
Shares beneficially owned 3,393,348 shares Common Stock beneficially owned by Nomura Global Financial Products, Inc.
Ownership percentage 6.1% Percent of Destination XL common stock class held by Nomura entities
Shares outstanding 55,273,092 shares Destination XL common stock outstanding as of June 15, 2026
Shared voting power 3,393,348 shares Shares over which Nomura entities have shared voting power
Sole voting power 0 shares Shares over which Nomura entities have sole voting power
Shared dispositive power 3,393,348 shares Shares over which Nomura entities have shared dispositive power
beneficially owned financial
"represents 3,393,348 shares of Common Stock beneficially owned by Nomura Global Financial Products, Inc."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared voting power financial
"Shared Voting Power 3,393,348.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive power financial
"Shared Dispositive Power 3,393,348.00"
Schedule 13G regulatory
"percent of class is calculated based on 55,273,092 shares of Common Stock outstanding as of June 15, 2026, as reported in the Issuer's proxy statement on Schedule 14A"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
parent holding company financial
"If a parent holding company has filed this schedule, pursuant to (ii)(G), so indicate"

FAQ

What stake in DESTINATION XL GROUP, INC. (DXLG) does Nomura report on this Schedule 13G?

Nomura entities report beneficial ownership of 3,393,348 shares of Destination XL Group common stock, representing 6.1% of the outstanding shares, based on 55,273,092 shares outstanding as of June 15, 2026.

How is the 6.1% ownership in DXLG calculated in Nomura’s Schedule 13G?

The 6.1% ownership is calculated using 55,273,092 shares of Destination XL common stock outstanding as of June 15, 2026, as reported in the issuer’s Schedule 14A proxy statement filed on July 17, 2026.

Which Nomura entities are reporting beneficial ownership of DXLG shares?

The reporting persons are Nomura Holdings, Inc. and its wholly owned subsidiary Nomura Global Financial Products, Inc., which is the entity that directly beneficially owns the 3,393,348 shares of Destination XL common stock.

What voting and dispositive powers over DXLG shares do the Nomura entities report?

The Nomura entities report 0 shares with sole voting or dispositive power and 3,393,348 shares with shared voting and shared dispositive power, reflecting joint authority over these Destination XL common shares.

Where is Destination XL Group (DXLG) headquartered according to this filing?

Destination XL Group’s principal executive offices are listed as 555 Turnpike Street, Canton, Massachusetts 02021, providing the issuer’s official corporate address in this ownership disclosure by the Nomura entities.

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

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Learn about SEC filing dates





25065K104

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: (1) Shared voting and dispositive power represents 3,393,348 shares of Common Stock beneficially owned by Nomura Global Financial Products, Inc. ("NGFP"). NGFP is a wholly owned subsidiary of Nomura Holdings, Inc., which accordingly may be deemed to beneficially own the shares of Common Stock beneficially owned by NGFP. (2) The percent of class is calculated based on 55,273,092 shares of Common Stock outstanding as of June 15, 2026, as reported in the Issuer's proxy statement on Schedule 14A filed with the SEC on July 17, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: (3) The percent of class is calculated based on 55,273,092 shares of Common Stock outstanding as of June 15, 2026, as reported in the Issuer's proxy statement on Schedule 14A filed with the SEC on July 17, 2026.


SCHEDULE 13G



NOMURA HOLDINGS INC
Signature:/s/ Samir Patel
Name/Title:Samir Patel, Managing Director
Date:08/14/2026
NOMURA GLOBAL FINANCIAL PRODUCTS INC
Signature:/s/ Samir Patel
Name/Title:Samir Patel, Authorized Officer
Date:08/14/2026
Exhibit Information

Exhibit A - Joint Filing Agreement Exhibit B - Subsidiaries