Rubin Elaine 4

What Happened

• Elaine Rubin, a director of Destination XL Group, Inc. (DXLG), was issued 29,648 shares on February 2, 2026. The shares were valued at $0.68 each for a total reported value of $20,250. This was an award/acquisition of shares as part of director compensation, not an open-market purchase.

Key Details

• Transaction date: 2026-02-02; Filing date (Accession): 2026-02-04 (timely Form 4 filing).
• Transaction type/code: Award/Acquisition (code A).
• Price per share: $0.68; Total value reported: $20,250.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnote: F1 — Shares issued pursuant to the director's elected form of compensation for quarterly annual retainer.
• No indication this was a 10b5-1 plan, gift, or sale; it is routine compensation.

Context

• These shares were issued as compensation (retainer) to a director, which is a routine corporate expense and does not necessarily indicate a personal investment decision. Such awards are commonly used to compensate non-employee directors and should be interpreted differently than open-market purchases.