X0202 SCHEDULE 13G 0002160497 XXXXXXXX LIVE Common Stock, par value $0.001 per share 10/16/2026 0001083220 Xcel Brands, Inc. 98400M200 550 Seventh Avenue, 11th Floor New York NY 10018 Rule 13d-1(c) Jeffrey Sanford Link X1 402758.00 150000.00 402758.00 150000.00 552758.00 N 8.0 IN As more fully described in Item 4 of this Statement on Schedule 13G (this "Schedule 13G"), the percentage is based on 6,908,839 shares of par value $0.001 per share, of the issuer (the "Common Stock") outstanding as of October 19, 2026, as disclosed in the issuer's Preliminary Proxy Statement on Schedule 14A, filed with the U.S. Securities and Exchange Commission on October 16, 2026 (the ''Proxy Statement''). Xcel Brands, Inc. 550 Seventh Avenue, 11th Floor, New York, NY 10018 Jeffrey Sanford Link ("Mr. Link"). 444 Arthur Terrace, Paramus, New Jersey 07652. Mr. Link is a citizen of the United States. Y The information required by this item with respect to Mr. Link is set forth in Rows 5 through 9 and 11 of the cover page to this Schedule 13G and is incorporated herein by reference for Mr. Link. The ownership percentages reported are based on 6,908,839 shares of Common Stock outstanding as of October 19, 2026, as disclosed in the Proxy Statement. 150,000 shares of Common Stock are held by Mr. Link and his wife in joint accounts. 402,758 shares of Common Stock are held in an account under the name of Mr. Link only. Mr. Link has the power to dispose of and the power to vote the shares of Common Stock held by him. 8.0 402,758.00 150,000.00 402,758.00 150,000.00 Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. Jeffrey Sanford Link /s/ Jeffrey Sanford Link 10/22/2026