April 14, 2026 · Form 4 insider transaction
D LOREN ROBERT W bought 40,280 shares of Xcel Brands, Inc. at $50000.00 per share, a transaction worth $2.01B. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Represents a $57,803 principal amount secured convertible note of the Issuer with an aggregate principal amount of $50,000.; This note becomes convertible following the later of an event of default under the note and the issuer receiving stockholder approval for the issuance of the shares pursuant to the terms of this note in compliance with applicable Nasdaq rules.; Represents securities held by Clearmarkets Capital LLC (d/b/a IPX Capital, LLC), a company controlled by reporting person.