STOCK TITAN

[Form 4] XCEL BRANDS INC. Insider Trading Activity

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

La comunicazione del Modulo 4 per Xcel Brands, Inc. (XELB) rivela che il Vicepresidente Esecutivo, Tesoriere e Segretario Seth Burroughs ha ricevuto 6.273 azioni ordinarie il 30/06/2025, al prezzo indicato di 1,81 $ per azione. Le azioni sono state emesse dalla società come compenso "in sostituzione dello stipendio in contanti" previsto dal suo contratto di lavoro. Per coprire le imposte alla fonte associate, Burroughs ha immediatamente ceduto 3.497 azioni (codice transazione “F”), anch’esse valutate a 1,81 $. Dopo l’aggiunta netta di 2.776 azioni, la sua proprietà diretta effettiva ammonta a 59.585 azioni. Non sono state segnalate operazioni su strumenti derivati. Sebbene la transazione aumenti modestamente l’allineamento dell’insider con gli azionisti, il numero totale di azioni coinvolte è irrilevante rispetto al flottante complessivo di XELB, suggerendo un impatto di mercato limitato.

La presentación del Formulario 4 para Xcel Brands, Inc. (XELB) revela que el Vicepresidente Ejecutivo, Tesorero y Secretario Seth Burroughs recibió 6.273 acciones ordinarias el 30/06/2025 a un precio indicado de $1.81 por acción. Las acciones fueron emitidas por la compañía como compensación "en lugar de salario en efectivo" bajo su contrato laboral. Para cubrir los impuestos retenidos asociados, Burroughs entregó inmediatamente 3.497 acciones (código de transacción “F”), también valoradas en $1.81. Tras la adición neta de 2.776 acciones, su propiedad directa efectiva es de 59.585 acciones. No se reportaron transacciones con valores derivados. Aunque la transacción incrementa modestamente la alineación del insider con los accionistas, el total de acciones involucradas es insignificante respecto al float total de XELB, sugiriendo un impacto limitado en el mercado.

Xcel Brands, Inc. (XELB)의 Form 4 제출에 따르면, 부사장 겸 재무담당 이사 및 비서인 Seth Burroughs가 2025년 6월 30일에 주당 $1.81의 가격으로 6,273주의 보통주를 받았습니다. 이 주식은 고용 계약에 따라 현금 급여 대신 보상으로 회사에서 발행한 것입니다. 관련 원천징수세를 충당하기 위해 Burroughs는 즉시 3,497주를 (거래 코드 “F”) 같은 가격인 $1.81에 반납했습니다. 순증가한 2,776주를 포함하여 그의 직접 보유 주식은 59,585주가 되었습니다. 파생 증권 거래는 보고되지 않았습니다. 이 거래는 내부자와 주주 간의 정렬을 다소 높이지만, 전체 주식 수에 비해 미미하여 시장에 미치는 영향은 제한적임을 시사합니다.

Le dépôt du formulaire 4 pour Xcel Brands, Inc. (XELB) révèle que le Vice-Président Exécutif, Trésorier et Secrétaire Seth Burroughs a reçu 6 273 actions ordinaires le 30/06/2025, au prix indiqué de 1,81 $ par action. Ces actions ont été émises par la société en compensation "en lieu et place du salaire en espèces" selon son contrat de travail. Pour couvrir les impôts à la source associés, Burroughs a immédiatement cédé 3 497 actions (code de transaction « F »), également valorisées à 1,81 $. Après une augmentation nette de 2 776 actions, sa détention directe effective s'élève à 59 585 actions. Aucune transaction sur titres dérivés n’a été signalée. Bien que cette opération augmente modestement l’alignement de l’initié avec les actionnaires, le nombre total d’actions impliquées est négligeable par rapport au flottant global de XELB, suggérant un impact limité sur le marché.

Die Meldung des Formulars 4 für Xcel Brands, Inc. (XELB) zeigt, dass der Executive Vice President, Schatzmeister und Sekretär Seth Burroughs am 30.06.2025 6.273 Stammaktien zu einem angegebenen Preis von 1,81 $ pro Aktie erhalten hat. Die Aktien wurden vom Unternehmen als Vergütung "anstatt eines Bargehalts" gemäß seinem Arbeitsvertrag ausgegeben. Um die damit verbundenen Quellensteuern zu decken, gab Burroughs sofort 3.497 Aktien (Transaktionscode „F“) ebenfalls zum Preis von 1,81 $ zurück. Nach der Nettozugabe von 2.776 Aktien beläuft sich sein direkter wirtschaftlicher Besitz auf 59.585 Aktien. Es wurden keine Derivatgeschäfte gemeldet. Obwohl die Transaktion die Interessen des Insiders mit denen der Aktionäre leicht erhöht, ist die insgesamt beteiligte Aktienanzahl im Verhältnis zum gesamten Streubesitz von XELB unerheblich, was auf eine begrenzte Marktauswirkung hindeutet.

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

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.

La comunicazione del Modulo 4 per Xcel Brands, Inc. (XELB) rivela che il Vicepresidente Esecutivo, Tesoriere e Segretario Seth Burroughs ha ricevuto 6.273 azioni ordinarie il 30/06/2025, al prezzo indicato di 1,81 $ per azione. Le azioni sono state emesse dalla società come compenso "in sostituzione dello stipendio in contanti" previsto dal suo contratto di lavoro. Per coprire le imposte alla fonte associate, Burroughs ha immediatamente ceduto 3.497 azioni (codice transazione “F”), anch’esse valutate a 1,81 $. Dopo l’aggiunta netta di 2.776 azioni, la sua proprietà diretta effettiva ammonta a 59.585 azioni. Non sono state segnalate operazioni su strumenti derivati. Sebbene la transazione aumenti modestamente l’allineamento dell’insider con gli azionisti, il numero totale di azioni coinvolte è irrilevante rispetto al flottante complessivo di XELB, suggerendo un impatto di mercato limitato.

La presentación del Formulario 4 para Xcel Brands, Inc. (XELB) revela que el Vicepresidente Ejecutivo, Tesorero y Secretario Seth Burroughs recibió 6.273 acciones ordinarias el 30/06/2025 a un precio indicado de $1.81 por acción. Las acciones fueron emitidas por la compañía como compensación "en lugar de salario en efectivo" bajo su contrato laboral. Para cubrir los impuestos retenidos asociados, Burroughs entregó inmediatamente 3.497 acciones (código de transacción “F”), también valoradas en $1.81. Tras la adición neta de 2.776 acciones, su propiedad directa efectiva es de 59.585 acciones. No se reportaron transacciones con valores derivados. Aunque la transacción incrementa modestamente la alineación del insider con los accionistas, el total de acciones involucradas es insignificante respecto al float total de XELB, sugiriendo un impacto limitado en el mercado.

Xcel Brands, Inc. (XELB)의 Form 4 제출에 따르면, 부사장 겸 재무담당 이사 및 비서인 Seth Burroughs가 2025년 6월 30일에 주당 $1.81의 가격으로 6,273주의 보통주를 받았습니다. 이 주식은 고용 계약에 따라 현금 급여 대신 보상으로 회사에서 발행한 것입니다. 관련 원천징수세를 충당하기 위해 Burroughs는 즉시 3,497주를 (거래 코드 “F”) 같은 가격인 $1.81에 반납했습니다. 순증가한 2,776주를 포함하여 그의 직접 보유 주식은 59,585주가 되었습니다. 파생 증권 거래는 보고되지 않았습니다. 이 거래는 내부자와 주주 간의 정렬을 다소 높이지만, 전체 주식 수에 비해 미미하여 시장에 미치는 영향은 제한적임을 시사합니다.

Le dépôt du formulaire 4 pour Xcel Brands, Inc. (XELB) révèle que le Vice-Président Exécutif, Trésorier et Secrétaire Seth Burroughs a reçu 6 273 actions ordinaires le 30/06/2025, au prix indiqué de 1,81 $ par action. Ces actions ont été émises par la société en compensation "en lieu et place du salaire en espèces" selon son contrat de travail. Pour couvrir les impôts à la source associés, Burroughs a immédiatement cédé 3 497 actions (code de transaction « F »), également valorisées à 1,81 $. Après une augmentation nette de 2 776 actions, sa détention directe effective s'élève à 59 585 actions. Aucune transaction sur titres dérivés n’a été signalée. Bien que cette opération augmente modestement l’alignement de l’initié avec les actionnaires, le nombre total d’actions impliquées est négligeable par rapport au flottant global de XELB, suggérant un impact limité sur le marché.

Die Meldung des Formulars 4 für Xcel Brands, Inc. (XELB) zeigt, dass der Executive Vice President, Schatzmeister und Sekretär Seth Burroughs am 30.06.2025 6.273 Stammaktien zu einem angegebenen Preis von 1,81 $ pro Aktie erhalten hat. Die Aktien wurden vom Unternehmen als Vergütung "anstatt eines Bargehalts" gemäß seinem Arbeitsvertrag ausgegeben. Um die damit verbundenen Quellensteuern zu decken, gab Burroughs sofort 3.497 Aktien (Transaktionscode „F“) ebenfalls zum Preis von 1,81 $ zurück. Nach der Nettozugabe von 2.776 Aktien beläuft sich sein direkter wirtschaftlicher Besitz auf 59.585 Aktien. Es wurden keine Derivatgeschäfte gemeldet. Obwohl die Transaktion die Interessen des Insiders mit denen der Aktionäre leicht erhöht, ist die insgesamt beteiligte Aktienanzahl im Verhältnis zum gesamten Streubesitz von XELB unerheblich, was auf eine begrenzte Marktauswirkung hindeutet.

SEC Form 4
FORM 4 UNITED 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*
Burroughs Seth

(Last) (First) (Middle)
C/O XCEL BRANDS, INC.
550 SEVENTH AVENUE, 11TH FLOOR

(Street)
NEW YORK NY 10018

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
XCel Brands, Inc. [ XELB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP of BD Treasurer Secretary
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 06/30/2025 A 6,273(1) A $1.81 59,585 D
Common Stock 06/30/2025 F 3,497(2) D $1.81 56,088 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares awarded by the issuer pursuant to the reporting person's employment agreement in lieu of cash salary.
2. Represents shares surrendered to the issuer in payment of withholding tax liability increment to the stock award.
/s/ Seth Burroughs 07/02/2025
** Signature of Reporting Person Date
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.

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.
Xcel Brands

NASDAQ:XELB

XELB Rankings

XELB Latest News

XELB Latest SEC Filings

XELB Stock Data

3.70M
1.47M
38.89%
25.19%
1.13%
Apparel Manufacturing
Patent Owners & Lessors
Link
United States
NEW YORK