Conacher Lionel F. 4

What Happened
Lionel F. Conacher, a director of Destination XL Group, Inc. (DXLG), was issued 32,608 shares as an award/other acquisition on 2026-05-04 at an effective price of $0.62 per share, a total value of approximately $20,250. This was an issuance of shares as director compensation rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-04; reported on Form 4 filed 2026-05-06 (timely filing within the standard two-business-day window).
• Transaction type/code: A (Award/Grant or other acquisition).
• Shares issued: 32,608; price per share reported: $0.62; total value ≈ $20,250.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Shares were issued pursuant to the director’s elected form of compensation for quarterly retainer, chairman fee and committee chairperson fee.

Context
This was a routine director compensation award — common for non-employee directors who take board fees in equity. Such awards represent compensation, not a purchase motivated by a view on the company’s stock, so they should be interpreted differently than insider purchases or sales.