4Filed Aug 4, 8:00 PM ET

DXLG Director Lionel Conacher Receives 3,951-Share Award

$DXLG · DESTINATION XL GROUP, INC.

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DXLG Director Lionel Conacher Receives 3,951-Share Award

What Happened
Lionel Conacher, a director of Destination XL Group, Inc. (DXLG), was granted 3,951 shares on August 3, 2026. The shares were issued at $0.56 per share, for a total grant value of roughly $2,227. This transaction is recorded as an award/acquisition (code A) and represents director compensation rather than an open‑market purchase.

Key Details

  • Transaction date and price: 2026-08-03 at $0.56 per share.
  • Shares acquired: 3,951; total reported value ≈ $2,227.
  • Shares owned after transaction: Not specified in the provided filing details.
  • Footnote: Shares were issued pursuant to the director’s elected form of compensation for quarterly annual retainer, chairman fee and committee chairperson fee (Footnote F1).
  • Filing: Form 4 was filed on 2026-08-05 for the Aug 3 transaction — appears to be filed within the usual two‑business‑day window.

Context
Director awards for retainers or chair/committee fees are routine compensation and do not necessarily indicate the director is buying or selling based on company outlook. The grant value here is modest; retail investors typically view such awards as standard pay rather than a directional insider signal.