Molloy Robert S sold DXLG

February 15, 2024 · Form 4 insider transaction

Molloy Robert S sold 20,000 shares of Destination XL Group, Inc. at $4.00 per share, a transaction worth $80.0K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Disposed (sell-side)
Shares
20,000
Price
$4.00
Total value
$80.0K
RoleOfficer
SecurityCommon Stock, $0.01 par value
Transaction codeS: Open-market sale
Transaction dateFebruary 15, 2024
Filing dateFebruary 16, 2024
Shares owned after240,409
OwnershipDirect
10b5-1 planYes
AmendedNo

Footnotes

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan that was adopted by the Reporting Person on June 30, 2023.; The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.00 to $4.005 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

View the original Form 4 on SEC EDGAR