DiSanto Mark 4

4 · XCel Brands, Inc. · Filed Apr 22, 2026

AI-generated summary of this filing

Updated Apr 22, 2026

XCel Brands (XELB) Director Mark DiSanto Receives Stock Award

What Happened

Mark DiSanto, a director of XCel Brands, was granted equity on April 20, 2026: 1,250 restricted shares (priced at $0) and a 3,500-share derivative award (priced at $0). Total granted = 4,750 shares; no cash was paid.
These grants are awards (compensation/retention), not open-market purchases or sales.

Key Details

Transaction date and price: April 20, 2026; shares granted at $0.00 per share.
Vesting: The 1,250 restricted shares vest 50% on April 1, 2027 and 50% on April 1, 2028; the derivative award also vests 50% on April 1, 2027 and 50% on April 1, 2028 (per filing footnotes). Mr. DiSanto may extend the restricted-stock vesting date in six-month increments at his discretion.
Shares owned after the transaction: Not specified in the provided filing excerpt.
Ownership structure notes: Some shares are held by the Mark X DiSanto Investment Trust and other trusts for which Mr. DiSanto is trustee and has sole voting/dispositive power (footnotes F2 and F3).
Filing timeliness: Reported on April 22, 2026 for an April 20, 2026 transaction — filed within the typical two-business-day Form 4 window.

Context

Awards and derivative grants are typically part of compensation or retention plans and do not necessarily indicate immediate market buying or selling intent.
The derivative award here has an explicit vesting schedule (50%/50% over 2027–2028); the filing does not indicate a cashless exercise or immediate sale.

Form 4

Period: 2026-04-20

Director

Transactions

Award
Common Stock
[F1]
2026-04-20+1,250→ 44,167 total
Award
Stock Option
[F4]
2026-04-20+3,500→ 3,500 total
Exercise: $2.24Exp: 2031-04-20→ Common Stock (3,500 underlying)

Holdings

Footnotes (4)

[F1]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.
[F2]Represents shares held by The Mark X DiSanto Investment Trust, of which Mr. DiSanto is trustee and as to which Mr. DiSanto has sole voting dispositive power.
[F3]Represents shares held by other trusts, of which Mr. DiSanto is trustee and as to which Mr. DiSanto has sole voting dispositive power.
[F4]The options vest as to 50% of the shares on each of April 1, 2027 and April 1, 2028.

Signature

/s/ Mark DiSanto|2026-04-22

1 file