STOCK TITAN

XCel Brands (XELB) director granted restricted stock and stock options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

XCel Brands, Inc. director Fielding James D reported receiving equity awards. On April 20, 2026, he was granted 1,250 shares of restricted common stock, vesting 50% on April 1, 2027 and 50% on April 1, 2028, with the option to extend vesting in six-month increments at his discretion.

He also received stock options on 3,500 shares of common stock at an exercise price of $2.24 per share, expiring on April 20, 2031, vesting 50% on April 1, 2027 and 50% on April 1, 2028. Following the stock grant, he directly owns 13,250 common shares, plus these options.

Positive

  • None.

Negative

  • None.
Insider Fielding James D
Role null
Type Security Shares Price Value
Grant/Award Stock Options 0 $0.00 --
Grant/Award Common Stock 1,250 $0.00 --
Holdings After Transaction: Stock Options — 3,500 shares (Direct, null); Common Stock — 13,250 shares (Direct, null)
Footnotes (1)
  1. Represents shares of restricted stock awarded pursuant to a restricted stock agreement, which vests as to 50% of the shares on each of April 1, 2027 and April 1, 2028, provided that the reporting person may extend the vesting date as to all or a portion of the shares, one or more times, in six month increments, at his sole discretion. The options vest as to 50% of the shares on each of April 1, 2027 and April 1, 2028.
Restricted stock grant 1,250 shares Awarded April 20, 2026 to director Fielding James D
Shares held after grant 13,250 shares Total common stock directly owned after April 20, 2026 award
Stock options underlying shares 3,500 shares Options granted April 20, 2026 on common stock
Option exercise price $2.24 per share Exercise price for 3,500 stock options
Option expiration date April 20, 2031 Expiry of stock options granted April 20, 2026
Restricted stock vesting 50% on April 1, 2027; 50% on April 1, 2028 Vesting schedule for 1,250 restricted shares
Option vesting 50% on April 1, 2027; 50% on April 1, 2028 Vesting schedule for 3,500 stock options
restricted stock financial
"Represents shares of restricted stock awarded pursuant to a restricted stock agreement"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vesting financial
"which vests as to 50% of the shares on each of April 1, 2027 and April 1, 2028"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
stock options financial
"The options vest as to 50% of the shares on each of April 1, 2027 and April 1, 2028."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
exercise price financial
"conversion_or_exercise_price of 2.2400 per share for the stock options"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date is 2031-04-20T00:00:00.000Z for the stock options"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
SEC Form 4
FORM 4UNITED 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*
Fielding James D

(Last)(First)(Middle)
C/O XCEL BRANDS, INC.
550 SEVENTH AVENUE

(Street)
NEW YORK NEW YORK 10018

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
XCel Brands, Inc. [ XELB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/20/2026A1,250(1)A$013,250D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options$2.2404/20/2026A0 (2)04/20/2031Common Stock3,500$03,500D
Explanation of Responses:
1. Represents shares of restricted stock awarded pursuant to a restricted stock agreement, which vests as to 50% of the shares on each of April 1, 2027 and April 1, 2028, provided that the reporting person may extend the vesting date as to all or a portion of the shares, one or more times, in six month increments, at his sole discretion.
2. The options vest as to 50% of the shares on each of April 1, 2027 and April 1, 2028.
/s/ James Fielding04/22/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did XCel Brands (XELB) director Fielding James D report?

Fielding James D reported receiving equity awards from XCel Brands. He was granted 1,250 shares of restricted common stock and stock options on 3,500 underlying shares, all awarded on April 20, 2026 as part of his director compensation.

How many XCel Brands (XELB) shares did the director receive as restricted stock?

The director received 1,250 shares of restricted common stock. These shares vest over time rather than immediately, aligning his interests with longer-term company performance and encouraging continued service on the XCel Brands board of directors.

What are the vesting dates for the XCel Brands (XELB) restricted stock award?

The 1,250 restricted shares vest in two equal installments. Half vest on April 1, 2027 and the remaining half on April 1, 2028, with the director allowed to extend the vesting date in six-month increments at his discretion.

What stock options did the XCel Brands (XELB) director receive and at what price?

He received stock options covering 3,500 shares of XCel Brands common stock. These options have an exercise price of $2.24 per share, giving him the right to buy shares at that price if the options vest and he chooses to exercise them.

When do the XCel Brands (XELB) director’s stock options vest and expire?

The stock options vest in two equal tranches, 50% on April 1, 2027 and 50% on April 1, 2028. The options expire on April 20, 2031 if they are not exercised before that expiration date.

How many XCel Brands (XELB) common shares does the director hold after this grant?

After the restricted stock grant, the director directly holds 13,250 shares of XCel Brands common stock. This figure reflects his ownership position following the reported April 20, 2026 equity award transaction.