Destination XL (DXLG) Interim CEO Lionel Conacher Receives Award

What Happened

• Lionel F. Conacher, Interim Chief Executive Officer and Director of Destination XL Group, Inc. (DXLG), was issued 23,437 shares on 2026-09-12 as compensation for his service. The shares were recorded at $0.64 per share, for a total reported value of $15,000. This was an award/acquisition (A) of stock rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-12
• Filing date (Form 4 accession): 2026-09-15
• Shares granted: 23,437 at $0.64 each; total value = $15,000
• Footnote: F1 — Shares issued as compensation for service as Interim Chief Executive Officer
• Shares owned after transaction: not specified in the supplied filing data
• No 10b5-1 plan, tax-withholding, or sale information was indicated in the provided details

Context

• This entry is a compensation award to an executive, which primarily reflects pay for service rather than a market-driven purchase or sale. Such grants can be subject to vesting or other conditions (not detailed here). The economic size of this award is relatively modest ($15k) compared with typical CEO equity grants.