Destination XL (DXLG) Director Jack Boyle Receives 43,018 Shares

What Happened
Jack Boyle, a director of Destination XL Group, Inc. (DXLG), was issued 43,018 shares on August 3, 2026 as an award/compensation. The shares were issued at a price of $0.56 per share, for a total value of approximately $24,249. This was an issuance as director compensation (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-08-03; filing date (Form 4): 2026-08-05 (filed within the normal two-business-day window).
• Transaction type/code: Award/Grant (A).
• Shares issued: 43,018 at $0.56 each — total value ≈ $24,249.
• Footnote: Shares were issued pursuant to the director’s elected form of compensation for quarterly retainer and committee chairperson fee.
• Shares owned after the transaction: not disclosed in the filing.
• No 10b5-1 plan, option exercise, gift, or tax-withholding mechanics were disclosed in this report.

Context
This was a routine issuance of equity as director compensation. Such grants are common for board members and do not by themselves indicate a personal purchase or sale decision by the insider. For investors tracking insider activity, compensation-issued shares are informative about how the company pays directors but are typically less informative about insider sentiment than open-market buys or sells.