Ross Ivy 4

What Happened
Ross Ivy, a director of Destination XL Group, Inc. (DXLG), was issued 29,648 shares on February 2, 2026 as an award/compensation acquisition (code A) at an implied price of $0.68 per share, valued at $20,250. This was an equity award issued as part of director compensation, not an open-market purchase.

Key Details

• Transaction date: 2026-02-02; Form 4 filed: 2026-02-04 (timely filing within the usual two-business-day window). Accession: 0001193125-26-037595.
• Shares issued/acquired: 29,648 shares at $0.68 per share; total value $20,250.
• Transaction type/code: Award/Grant (A).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Shares were issued pursuant to the director's elected form of compensation for quarterly annual retainer and committee chairperson fee (F1).

Context
This issuance appears to be routine director compensation (stock issued in lieu of cash retainer/fees). Such awards are standard corporate practice and do not necessarily indicate the director is buying or selling based on a view of the company’s prospects.