XCel Brands, Inc. — Director's Dealing 2025

Aug 5, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCel Brands, Inc. (XELB)
CIK: 0001083220
Period of Report: 2025-08-04

Reporting Person: DiSanto Mark (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-08-04	Common Stock	P	91800	$1.10	Acquired	102700	Direct
2025-08-04	Common Stock	A	60883	$1.38	Acquired	163583	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	130685	Indirect
Common Stock	8239	Indirect

Footnotes

F1: Adjusted to correct beneficial ownership prior to the reported transactions.

F2: Represents shares of restricted stock awarded pursuant to a restated stock agreement, which vests on November 1, 2025.

F3: Represents shares held by The Mark X DiSanto Investment Trust, of which Mr. DiSanto is trustee and as to which Mr. DiSanto has sole voting dispositive power.

F4: Represents shares held by other trusts, of which Mr. DiSanto is trustee and as to which Mr. DiSanto has sole voting dispositive power.