XCel Brands CEO receives stock award in shares
XCel Brands, Inc. reported routine insider equity activity involving its CEO and Chairman.
Rhea-AI Filing Summary
XCel Brands, Inc. reported routine insider equity activity involving its CEO and Chairman. On April 20, 2026, the executive received 13,222 shares of Common Stock at $2.24 per share as a stock award under an employment agreement in lieu of cash salary.
To cover the incremental withholding tax on this award, 6,809 shares were surrendered back to the company at $2.24 per share, a non-market, tax-withholding disposition. After these transactions, the executive held 733,254 shares directly, plus 60,731 shares through Clearmarkets Capital, LLC and 1,742 shares through the Irrevocable Trust of Rose Dempsey, both reported as indirect holdings.
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 | 13,222 | $2.24 | $30K |
| Exercise Price or Tax Liability | Common Stock | 6,809 | $2.24 | $15K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 726,445 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: 13,222 shares at $2.24
Tax-withholding shares: 6,809 shares at $2.24
Direct holdings after: 733,254 shares
+2 more
5 metrics
Stock award
13,222 shares at $2.24
Common Stock granted in lieu of cash salary on April 20, 2026
Tax-withholding shares
6,809 shares at $2.24
Shares surrendered to issuer for withholding tax on award
Direct holdings after
733,254 shares
CEO direct Common Stock position following reported transactions
Clearmarkets Capital holdings
60,731 shares
Indirect Common Stock held via Clearmarkets Capital, LLC
Trust holdings
1,742 shares
Indirect Common Stock held by the Irrevocable Trust of Rose Dempsey
Key Terms
tax-withholding disposition, Grant, award, or other acquisition, withholding tax liability, Irrevocable Trust, +1 more
5 terms
tax-withholding disposition financial
"To cover the incremental withholding tax on this award, 6,809 shares were surrendered"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Grant, award, or other acquisition financial
"transaction_code_description":"Grant, award, or other acquisition""
withholding tax liability financial
"payment of withholding tax liability increment to the stock award"
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.
sole voting and dispositive power financial
"of which the reporting person has sole voting and dispositive power"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did XCel Brands (XELB) report for its CEO?
XCel Brands disclosed that its CEO and Chairman received 13,222 shares of Common Stock as a stock award in lieu of cash salary. This was a compensation grant, not an open-market purchase, and increased his direct equity stake in the company.
What are the CEO’s direct XCel Brands (XELB) holdings after this Form 4?
Following the grant and tax-withholding disposition, the CEO’s direct holdings totaled 733,254 shares of XCel Brands Common Stock. This figure reflects the net position after receiving 13,222 shares and surrendering 6,809 shares back to the company for taxes.
What indirect XCel Brands (XELB) holdings are reported for the CEO?
The filing reports 60,731 shares held through Clearmarkets Capital, LLC, a company controlled by the executive, and 1,742 shares held by the Irrevocable Trust of Rose Dempsey, where he has sole voting and dispositive power. Both positions are classified as indirect ownership.
Were there any open-market buys or sells in this XCel Brands (XELB) Form 4?
No open-market purchases or sales were reported. The filing shows a stock award of 13,222 shares in lieu of cash salary and a 6,809-share tax-withholding disposition to the issuer, both compensation-related and non-market transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
