XCel Brands, Inc. — Director's Dealing 2024

Nov 5, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCel Brands, Inc. (XELB)
CIK: 0001083220
Period of Report: 2024-08-31

Reporting Person: Burroughs Seth (EVP of BD Treasurer Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-08-31	Common Stock	A	16145	$0.70	Acquired	392600	Direct
2024-08-31	Common Stock	F	8146	$0.70	Disposed	384454	Direct
2024-09-30	Common Stock	A	15178	$0.75	Acquired	399632	Direct
2024-09-30	Common Stock	F	7658	$0.75	Disposed	391974	Direct
2024-10-31	Common Stock	A	14382	$0.79	Acquired	406356	Direct
2024-10-31	Common Stock	F	7256	$0.79	Disposed	399100	Direct

Footnotes

F1: Represents shares awarded by the issuer pursuant to the reporting person's employment agreement in lieu of cash salary.

F2: Represents shares surrendered to the issuer in payment of withholding tax liability increment to the stock award.