Gaeta Anthony 4

4 · DESTINATION XL GROUP, INC. · Filed Apr 3, 2026

AI-generated summary of this filing

Updated Apr 3, 2026

DXLG Chief Stores Officer Anthony Gaeta Exercises RSUs, Withholds Shares

What Happened

Anthony Gaeta, Chief Stores & Real Estate Officer at Destination XL Group (DXLG), converted/vested a total of 23,016 restricted stock units (RSUs) on April 1, 2026. Per the filing, 9,639 of those shares were withheld to cover tax withholding at $0.51 per share (total withheld value $4,916), leaving a net issuance of 13,377 shares to Gaeta.
The reported transactions are recorded as derivative conversions/exercises (code M) for the RSUs and a tax withholding (code F). The RSUs come from long‑term incentive awards granted in 2022–2025 (see footnotes F3–F6).

Key Details

Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (timely).
Total RSUs converted: 23,016 shares (2,832 + 3,238 + 4,929 + 12,017).
Shares withheld for taxes: 9,639 @ $0.51 each = $4,916 (footnote F2 indicates withholding to satisfy tax liability).
Net shares issued to Gaeta: 13,377 shares (23,016 − 9,639).
Post‑transaction total holdings: not specified in this filing.
Footnotes: F1 defines RSUs as contingent rights to one share each; F3–F6 identify the grant cycles (2022–2025) and future vesting schedules for remaining awards.

Context

This was a conversion/vesting of RSUs, not an open‑market purchase or sale. The withholding of shares to pay taxes is a routine cashless mechanism and does not necessarily indicate a change in insider sentiment.
For retail investors, RSU vesting is common compensation; the key informational items here are the size of the award converted and the shares withheld for taxes.

Form 4

Period: 2026-04-01

Chief Stores & RE Officer

Transactions

Exercise/Conversion
Common Stock, $0.01 par value
[F1]
2026-04-01+2,832→ 193,609 total
Exercise/Conversion
Common Stock, $0.01 par value
[F1]
2026-04-01+3,238→ 196,847 total
Exercise/Conversion
Common Stock, $0.01 par value
[F1]
2026-04-01+4,929→ 201,776 total
Exercise/Conversion
Common Stock, $0.01 par value
[F1]
2026-04-01+12,017→ 213,793 total
Tax Payment
Common Stock, $0.01 par value
[F2]
2026-04-01$0.51/sh−9,639$4,916→ 204,154 total
Exercise/Conversion
Restricted Stock Units
[F1][F3]
2026-04-01−2,832→ 0 total
→ Common Stock (2,832 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F4]
2026-04-01−3,238→ 3,239 total
→ Common Stock (3,238 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F5]
2026-04-01−4,929→ 9,859 total
→ Common Stock (4,929 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F6]
2026-04-01−12,017→ 36,049 total
→ Common Stock (12,017 underlying)

Footnotes (6)

[F1]Each RSU, as defined in the Company's 2016 Incentive Compensation Plan, represents a contingent right to receive one share of DXLG common stock.
[F2]Represents shares withheld from shares otherwise issuable upon vesting of RSUs for payment of taxes.
[F3]Represents RSUs for the time-based portion of the 2022-2024 Long-Term Inventive Plan awared to the Reporting Person on April 9, 2022.
[F4]Represents RSUs for the time-based portion of the 2023-2025 Long-Term Inventive Plan awared to the Reporting Person on May 1, 2023. The remaining RSUs vest and become exercisable on April 1, 2027.
[F5]Represents RSUs for the time-based portion of the 2024-2026 Long-Term Inventive Plan awared to the Reporting Person on April 1, 2024. The remaining RSUs vest and become exercisable on April 1, 2027 and April 1, 2028.
[F6]Represents RSUs for the time-based portion of the 2025-2027 Long-Term Inventive Plan awared to the Reporting Person on April 1, 2025. The remaining RSUs vest and become exercisable on April 1, 2027, April 1, 2028 and April 1, 2029.

Signature

Anthony Gaeta|2026-04-03

1 file