Boyle Jack 4
4 · DESTINATION XL GROUP, INC. · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
Destination XL (DXLG) Director Jack Boyle Receives 39,049-Share Award
What Happened
Jack Boyle, a director of Destination XL Group, Inc. (DXLG), was issued 39,049 shares on May 4, 2026 as an award/acquisition at $0.62 per share, for a total value of approximately $24,249. This issuance was reported on a Form 4 filed May 6, 2026.
Key Details
- Transaction date: 2026-05-04; Filing date: 2026-05-06 (appears timely under Form 4 rules).
- Transaction type/code: A — grant/award or other acquisition.
- Shares issued: 39,049 at $0.62 per share; total value ≈ $24,249.
- Shares owned after transaction: Not stated in the provided filing.
- Footnote: Shares were issued pursuant to the director’s elected form of compensation for quarterly retainer and committee chair fees (per footnote F1).
- No 10b5-1 plan, tax-withholding, or sale reported in this filing.
Context
This was a routine director compensation issuance rather than an open-market purchase or sale. Such awards are common for non-employee directors and do not by themselves indicate the director buying or selling based on a view of the company’s near-term prospects.
Insider Transaction Report
Form 4
Boyle Jack
Director
Transactions
- Award
Common Stock, $0.01 par value
[F1]2026-05-04$0.62/sh+39,049$24,249→ 621,707 total
Footnotes (1)
- [F1]Shares issued pursuant to the Director's elected form of compensation for quarterly annual retainer and committee chairperson fee.
Signature
Robert S. Molloy, Attorney-in-Fact for Jack Boyle|2026-05-06