Loren Robert W. D. - 03 Dec 2025 Form 4 Insider Report for XCel Brands, Inc. (XELB)

Role
CEO and Chairman, Director, 10%+ Owner
Signature
/s/ Robert W. D'Loren
Issuer symbol
XELB
Transactions as of
03 Dec 2025
Net transactions value
+$56,934
Form type
4
Filing time
05 Dec 2025, 20:46:51 UTC
Previous filing
03 Nov 2025
Next filing
19 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
D LOREN ROBERT W CEO and Chairman, Director, 10%+ Owner C/O XCEL BRANDS, INC., 550 SEVENTH AVENUE, NEW YORK /s/ Robert W. D'Loren 05 Dec 2025 0001086742

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XELB Common Stock Award $29,617 +31,507 +6.1% $0.9400 545,387 03 Dec 2025 Direct F1
transaction XELB Common Stock Tax liability $13,683 -14,556 -2.7% $0.9400 530,831 03 Dec 2025 Direct
transaction XELB Common Stock Award $23,500 +25,000 +4.7% $0.9400 555,831 03 Dec 2025 Direct F2
transaction XELB Common Stock Purchase $17,500 +50,000 +9% $0.3500 605,831 05 Dec 2025 Direct
holding XELB Common Stock 60,731 03 Dec 2025 See Footnote F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction XELB Stock Options Award $0 +250,674 $0.000000 250,674 03 Dec 2025 Common Stock 250,674 $0.9400 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of awarded by the issuer pursuant to the reporting person's employment agreement in lieu of cash salary.
F2 Represents shares awarded to Mr. D'Loren
F3 The options vest as to 71,842 shares upon the common stock having a closing price of $3.00 or higher; 60,053 shares upon the common stock having a closing price of $5.00 or higher; 49,368 shares upon the common stock having a closing price of $7.00 or higher, 39,937 shares upon the common stock having a closing price of $9.00 or higher and 29,474 upon the common stock having a closing price of $11.00 or higher.
F4 Represents shares held by the Irrevocable Trust of Rose Dempsey, of which the reporting person has sole voting and dispositive power.