4Filed Aug 4, 8:00 PM ET
Destination XL Director Carmen Bauza Receives Award 35,923 Shares
$DXLG · DESTINATION XL GROUP, INC.Research Summary
AI-generated summary of this SEC filing
Destination XL Director Carmen Bauza Receives Award 35,923 Shares
What Happened
Carmen Bauza, a director of Destination XL Group, Inc. (DXLG), was issued 35,923 shares as an award/grant on August 3, 2026. The shares were valued at $0.56 each for a total reported value of $20,250. This transaction is an award (code A) — a form of compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-08-03; Filing date (Form 4): 2026-08-05 (appears timely).
- Transaction type/code: Award/Grant (A).
- Shares received: 35,923 at $0.56 per share; total value reported $20,250.
- Shares owned after transaction: Not specified in the supplied filing details.
- Footnote: Shares were issued pursuant to the director’s elected form of compensation for the quarterly annual retainer (director elected stock in lieu of cash).
- Accession: 0001193125-26-335484 (for reference).
Context
Director awards like this are routine compensation for board service and do not necessarily signal the director’s personal view on the stock. Because this was a compensation issuance (not an open-market buy or sale), it’s mainly relevant for tracking dilution and insider compensation expenses rather than as a direct sentiment indicator.