$Destination XL Group (DXLG.US)$ 10% Shareholder Fund 1 Investments, LLC sold 225K shares of common stock on May 3, 2024 at an average price of $3.1502 for a total value of $708.8K.
This transaction involves other related parties: Pleasant Lake Onshore Feeder Fund LP and Pleasant Lake Partners LLC.
What is statement of changes in beneficial ownership of securities?
It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.