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XCel Brands, Inc. Director's Dealing 2025

May 30, 2025

35357_dirs_2025-05-30_f5980ad4-8878-47ab-bba6-59561442b480.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCel Brands, Inc. (XELB)
CIK: 0001083220
Period of Report: 2025-05-28

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-05-28 Common Stock A 2500 Acquired 51175 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-05-28 Stock Option $2.6321 A 2500 Acquired 2035-05-28 Common Stock (2500) Direct

Footnotes

F1: Represents shares of restricted stock awarded pursuant to a restricted stock agreement which vest as of November 1, 2025.