---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-005355"
form_type: "8-K"
ticker: "DXLG"
cik: "0000813298"
company_name: "DESTINATION XL GROUP, INC."
filed_at: "2022-04-05T23:59:59+00:00"
generated_at: "2026-06-26T09:37:17.514956+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Destination XL extends CEO Kanter's contract for three years through 2025 with amended terms

## Summary
- Three-year term to April 2025; base salary $850k; annual bonus target 100% of base (range 50-200%); LTIP target 170% of base.
- 240,000 unvested performance shares expire if $8 stock price not hit by April 2023; if not, Board to grant new award by Dec 2023.
- LTIP amended to add Structured Retirement provision with greater vesting; AIP expands eligibility to Job Level 15+, raises NEO participation (Stratton to 60%, Gaeta to 50%).
- Press release announces extension; Chairman praises Kanter's pandemic leadership and digital expertise in building shareholder value.

## SEC filing metadata
- accession: 0000950170-22-005355
- form_type: 8-K
- ticker: DXLG
- cik: 0000813298
- company_name: DESTINATION XL GROUP, INC.
- filed_at: 2022-04-05T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/813298/000095017022005355/0000950170-22-005355-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/813298/000095017022005355/dxlg-20220330.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-005355
- JSON: https://secwatch.observer/filing/0000950170-22-005355.json
- Plain text: https://secwatch.observer/filing/0000950170-22-005355.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.