Potomac Capital Management, Inc.

Holdings History for XCel Brands, Inc. - Common Stock, $0.001 par value per share (XELB)

Symbol: XELB on Nasdaq
Investment type: Equity / Common Stock, $0.001 par value per share
Latest Disclosed Shares Owned: 584,806 shares
Security Ownership %: 10%

Shares, Excluding Options vs Price

Value, Excluding Options

Paul J. Solit ownership in XCel Brands, Inc. Common Stock, $0.001 par value per share (XELB)

17 Feb 2026 - Paul J. Solit has filed an SCHEDULE 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 584,806 shares of XCel Brands, Inc. Common Stock, $0.001 par value per share (XELB). This represents 10% ownership of the company. In their previous filing dated 14 Nov 2025, Potomac Capital Management, Inc. had reported owning 409,350 shares, indicating an increase of +43%. .

Reporting Name	Ownership %	Change	Value $	Shares owned	Change	Activity %	Price	Form	Report date	Filing time
Paul J. Solit	10%	+15%	$795,336	584,806	+175,456	+43%	$1.36	13G/A	31 Dec 2025	17 Feb 2026, 16:01
Paul J. Solit	8.6%	+29%	$720,456	409,350	+93,101	+29%	$1.76	13G/A	30 Sep 2025	14 Nov 2025, 16:30
Paul J. Solit	6.6%		$483,861	316,249			$1.53	13G	01 Aug 2025	02 Sep 2025, 17:44

Holdings date	Option	Weight	Change	Value $	Shares	Change	Activity %	Price	All Holders
31 Dec 2025		0.37%	0%	$441,072	408,400	0		$1.08	Q4 2025

* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.