XCel Brands CEO granted 31,846 shares at $0.93
XCel Brands, Inc. (XELB) reported that director, CEO and Chairman, and ten percent owner D Loren Robert W received an equity salary award and related tax withholding transaction in the company’s common stock on August 31, 2026.
Rhea-AI Filing Summary
XCel Brands, Inc. (XELB) reported that director, CEO and Chairman, and ten percent owner D Loren Robert W received an equity salary award and related tax withholding transaction in the company’s common stock on August 31, 2026. He was granted 31,846 shares at $0.93 per share in lieu of cash salary, and 14,713 shares were surrendered to XCel Brands to pay the related withholding tax liability. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
D LOREN ROBERT W
Role
CEO and Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 31,846 | $0.93 | $30K |
| Tax Withholding | Common Stock F2 | 14,713 | $0.93 | $14K |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 817,849 shares (Direct);
Common Stock — 62,473 shares (Indirect, See footnote)
Footnotes (4)
- F1. Represents shares awarded by the issuer pursuant to the reporting person's employment agreement in lieu of cash salary.
- F2. Represents shares surrendered to the issuer in payment of withholding tax liability increment to the stock award.
- F3. Represents shares held by Clearmarkets Capital, LLC (d/b/d IPX Capital, LLC), a company controlled by the reporting person
- F4. Represents shares held by the Irrevocable Trust of Rose Dempsey, of which the reporting person has sole voting and dispositive power.
Key Figures
Stock award shares: 31,846 shares
Stock award price per share: $0.93 per share
Shares surrendered for tax withholding: 14,713 shares
+2 more
5 metrics
Stock award shares
31,846 shares
Common stock granted in lieu of cash salary on August 31, 2026
Stock award price per share
$0.93 per share
Value used for the 31,846-share salary award
Shares surrendered for tax withholding
14,713 shares
Common shares surrendered to issuer for withholding tax on August 31, 2026
Tax-withholding price per share
$0.93 per share
Value applied to the 14,713 shares surrendered for withholding tax
Exercise price or tax liability transactions
1 transaction, 14,713 shares
Code F transaction for withholding tax liability
Key Terms
withholding tax liability, irrevocable trust, dispositive power, ten percent owner
4 terms
withholding tax liability financial
"shares surrendered to the issuer in payment of withholding tax liability"
irrevocable trust financial
"Represents shares held by the Irrevocable Trust of Rose Dempsey"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
dispositive power financial
"of which the reporting person has sole voting and dispositive power"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
ten percent owner financial
"reporting person is a ten percent owner of the issuer"
FAQ
What insider transactions did XELB’s CEO report on August 31, 2026?
On August 31, 2026, XCel Brands’ CEO and Chairman D Loren Robert W was granted 31,846 shares of common stock at $0.93 per share and 14,713 shares were surrendered to the company to pay the related withholding tax liability.
Was the XELB Form 4 transaction a market buy or sell?
The Form 4 shows a grant of 31,846 shares as compensation in stock and a surrender of 14,713 shares to pay tax withholding. It does not report an open-market purchase or sale; the disposal is tied to tax liability on the award.
Did XELB’s CEO use a Rule 10b5-1 trading plan for these transactions?
No. The filing indicates no Rule 10b5-1 plan is reported for these August 31, 2026 transactions, meaning they were not affirmatively disclosed as executed under a pre-arranged trading plan.
Does the XELB Form 4 mention indirect holdings for the CEO?
Yes. The filing notes indirect holdings in entities, including Clearmarkets Capital, LLC (d/b/d IPX Capital, LLC) controlled by the reporting person and an Irrevocable Trust of Rose Dempsey for which he has sole voting and dispositive power.
AI-generated analysis. How Rhea-AI works. Not financial advice.
