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MESDAG WILLEM reported acquisition or exercise transactions in this Form 4 filing.
DESTINATION XL GROUP, INC. director and 10% owner Willem Mesdag received a grant of 7,630 Deferred Stock Units (DSUs) as compensation for serving as Audit Committee chair. Each DSU equals one share of common stock and is valued based on the $0.5832 closing price on August 11, 2026. Following the grant, Mesdag is credited with 772,741 DSUs and is associated, through various entities, with 2,593,758 shares of common stock, with beneficial ownership disclaimed except for his pecuniary interest. DSUs are payable upon separation from service or certain events such as death, disability, or change in control under the company’s Director Plan.
DESTINATION XL GROUP, INC. reported that Interim CEO and director Lionel F. Conacher received a grant of 25,720 shares of common stock on August 12, 2026. The shares were issued as compensation for his service as Interim Chief Executive Officer. Following this award, his direct holdings total 438,239 shares of common stock. The transaction was reported as a grant or other acquisition at a reference value of $0.5832 per share and was not made under a Rule 10b5-1 trading plan.
Nomura Holdings, Inc. and its subsidiary Nomura Global Financial Products, Inc. reported beneficial ownership of common stock of Destination XL Group, Inc.. The filing states that Nomura entities have shared voting and dispositive power over 3,393,348 shares of common stock, representing 6.1% of the outstanding shares.
The ownership percentage is based on 55,273,092 shares of Destination XL common stock outstanding as of June 15, 2026, as referenced from the company’s proxy statement. Voting and dispositive powers are held on a shared basis, with no sole voting or dispositive power reported by the Nomura entities.
Destination XL Group, Inc. filed Amendment No. 4 to its Schedule 14D-9 relating to an unsolicited tender offer for its common stock. The offer is being made by Zodiac Partners II, LLC and an acquisition entity of Camac Fund, LP to purchase all issued and outstanding shares of common stock at an Offer Price of $0.84 per share in cash, without interest and less any required withholding taxes, on the terms set out in the Offer to Purchase dated May 12, 2026 and the related Letter of Transmittal.
This amendment does not change the prior disclosure, but supplements the exhibit list by adding a press release issued by Destination XL Group, Inc. on August 6, 2026, which is included as Exhibit 99.1 to its Current Report on Form 8‑K filed the same date and incorporated by reference.
Destination XL Group, Inc. appointed Lionel F. Conacher, current Chairman of the Board, as Interim Chief Executive Officer and Principal Executive Officer effective August 12, 2026, following the retirement of President and CEO Harvey S. Kanter, whose employment and board service end August 11, 2026. His departure is described as retirement rather than a dispute.
Under an Offer of Employment Letter with a subsidiary, Mr. Conacher will receive a base salary of $80,000.00 per month and $15,000.00 in fully vested common stock each month starting August 12, 2026, with share counts based on the prior business day’s closing price. His employment is at will, he forgoes additional director fees and other incentive or equity plans while serving as Interim CEO, and he is not entitled to severance or change-in-control benefits.
Effective August 12, 2026, Carmen R. Bauza becomes Lead Independent Director with a $25,000 annual fee; Willem Mesdag becomes Audit Committee Chair, Jack Boyle joins the Audit Committee, and Elaine K. Rubin joins the Compensation Committee. The accompanying press release highlights ongoing efforts to return the company to profitability, initiatives such as FiTMAP, AI investments, and responses to GLP-1 usage, and notes the proposed merger with FullBeauty and Zodiac Partners II, LLC’s unsolicited tender offer.
Rubin Elaine reported acquisition or exercise transactions in this Form 4 filing.
Destination XL Group director Elaine Rubin received a grant of 35,923 shares of common stock on August 3, 2026, as her elected stock compensation for a quarterly board retainer at $0.5637 per share. After this grant she holds 293,570 shares directly and 15,000 shares indirectly through her spouse’s IRA.
Destination XL Group director Ivy Ross received a grant of 35,923 shares of common stock on 2026-08-03, coded as a grant, award, or other acquisition. The shares, valued at $0.5637 per share, were issued as stock compensation for the director’s quarterly retainer and committee chairperson fee, bringing direct holdings to 373,274 shares.
MESDAG WILLEM reported acquisition or exercise transactions in this Form 4 filing.
DESTINATION XL GROUP director and greater-than-10% owner Willem Mesdag received a grant of 64,307 Deferred Stock Units (DSUs) on August 3, 2026, as compensation for his board retainer and committee chair fees under the Company’s Director Plan. Each DSU equals one share of common stock and was valued at $0.5637 per unit, based on the July 31, 2026 closing price. These DSUs are payable upon Mesdag’s separation from service or earlier upon death, disability, or a change in control. After this grant, he holds 765,111 DSUs, and entities associated with him report 2,593,758 common shares, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
Conacher Lionel F. reported acquisition or exercise transactions in this Form 4 filing.
DESTINATION XL GROUP, INC. director Lionel F. Conacher received a grant of 3,951 shares of common stock on August 3, 2026, at a reported value of $0.5637 per share. The stock was issued as board and committee compensation, increasing his direct holdings to 412,519 shares.
Boyle Jack reported acquisition or exercise transactions in this Form 4 filing.
Destination XL Group director Jack Boyle received a grant of 43,018 shares of common stock on August 3, 2026. The shares were issued pursuant to his elected form of compensation for the quarterly annual retainer and committee chairperson fee, bringing his direct holdings to 664,725 shares at a reference value of $0.5637 per share.