XCel Brands, Inc.·4

Dec 5, 8:46 PM ET

D LOREN ROBERT W 4

4 · XCel Brands, Inc. · Filed Dec 5, 2025

Insider Transaction Report

Form 4
Period: 2025-12-03
D LOREN ROBERT W
DirectorCEO and Chairman10% Owner
Transactions
  • Award

    Common Stock

    2025-12-03$0.94/sh+31,507$29,617545,387 total
  • Tax Payment

    Common Stock

    2025-12-03$0.94/sh14,556$13,683530,831 total
  • Award

    Common Stock

    2025-12-03$0.94/sh+25,000$23,500555,831 total
  • Purchase

    Common Stock

    2025-12-05$0.35/sh+50,000$17,500605,831 total
  • Award

    Stock Options

    2025-12-03+250,674250,674 total
    Exercise: $0.94Exp: 2030-12-03Common Stock (250,674 underlying)
Holdings
  • Common Stock

    (indirect: See Footnote)
    60,731
Footnotes (4)
  • [F1]Represents shares of awarded by the issuer pursuant to the reporting person's employment agreement in lieu of cash salary.
  • [F2]Represents shares awarded to Mr. D'Loren
  • [F3]The options vest as to 71,842 shares upon the common stock having a closing price of $3.00 or higher; 60,053 shares upon the common stock having a closing price of $5.00 or higher; 49,368 shares upon the common stock having a closing price of $7.00 or higher, 39,937 shares upon the common stock having a closing price of $9.00 or higher and 29,474 upon the common stock having a closing price of $11.00 or higher.
  • [F4]Represents shares held by the Irrevocable Trust of Rose Dempsey, of which the reporting person has sole voting and dispositive power.

Documents

1 file
  • 4
    tm2532888-5_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT