[144] MongoDB, Inc. SEC Filing

Rhea-AI Filing Summary

Form 4 filing for Xcel Brands, Inc. (XELB) discloses that Executive Vice President, Treasurer and Secretary Seth Burroughs received 6,273 shares of common stock on 06/30/2025 at an indicated price of $1.81 per share. The shares were issued by the company as compensation "in lieu of cash salary" under his employment agreement. To cover associated withholding taxes, Burroughs immediately surrendered 3,497 shares (transaction code “F”), also valued at $1.81. After the net addition of 2,776 shares, his direct beneficial ownership stands at 59,585 shares. No derivative securities transactions were reported. While the transaction modestly increases insider alignment with shareholders, the overall share count involved is immaterial to XELB’s total float, suggesting limited market impact.

Positive

• Equity-for-salary structure conserves cash and strengthens management–shareholder alignment.

Negative

• Incremental dilution from new share issuance, though impact is de-minimis given small volume.

Insights

Equity Compensation Analyst

TL;DR Small equity grant to EVP; aligns incentives but immaterial to valuation.

The filing shows routine equity compensation: 6,273 shares granted, 3,497 surrendered for taxes. Net 2,776-share increase lifts Burroughs’ stake to 59,585 shares, still a fraction of XELB’s outstanding shares. Grant in lieu of cash conserves company liquidity and ties executive pay to stock performance—generally positive for governance. However, scale is too small to influence EPS or float, leaving the disclosure neutral from a valuation standpoint.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC 1 New York Plaza, 38th Floor New York NY 10004	354	72941.7	81714313	07/02/2025	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/02/2025	Restricted Stock Units	Issuer			354	07/02/2025	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Cedric Pech 1633 Broadway, 38th Floor New York NY 10019	Common	04/02/2025	1690	292805.97

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many XELB shares did EVP Seth Burroughs receive?

He was awarded 6,273 shares on 06/30/2025.

What was the price of the insider share transactions for XELB?

Both the award and tax surrender were recorded at $1.81 per share.

How many XELB shares does Seth Burroughs now own?

After the transactions, Burroughs directly owns 59,585 common shares.

Did the insider sell any shares for personal gain?

No open-market sales occurred; 3,497 shares were surrendered solely for tax withholding.

Does this Form 4 filing indicate material impact on XELB’s float?

Given the small share count, the filing is considered immaterial to total shares outstanding.