Designer Brands officer plans sale of 1,800 shares
An officer of Designer Brands Inc. filed a Rule 144 notice to potentially sell 1,800 shares of Class A Common stock from vested restricted stock.
Rhea-AI Filing Summary
Designer Brands Inc. (DBI) received a Rule 144 notice from officer Mark Haley covering a proposed sale of Class A Common shares. The notice relates to 1,800 shares issuable from restricted stock vesting under a registered plan, with the transaction routed through Morgan Stanley Smith Barney LLC.
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Key Figures
Shares to be sold: 1,800 shares
Aggregate market value: $10,823.04
Shares outstanding: 43,390,683 shares
3 metrics
Shares to be sold
1,800 shares
Class A Common stock covered by the Rule 144 notice
Aggregate market value
$10,823.04
Value of 1,800 DBI Class A Common shares in the Rule 144 filing
Shares outstanding
43,390,683 shares
DBI Class A Common shares referenced as outstanding in the Form 144
Key Terms
Rule 144, restricted stock, registered plan, services rendered
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock financial
"Restricted Stock Vesting Under a Registered Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
registered plan regulatory
"Restricted Stock Vesting Under a Registered Plan"
A registered plan is a savings or investment account that a government recognizes for special tax treatment and rules, such as limits on how much you can put in and conditions for withdrawals. For investors it matters because those rules change how much of your gains are taxed, how quickly your money can be accessed and what strategies make sense — like a labeled jar that gives tax breaks but comes with rules about when and how you can take the money out.
services rendered financial
"Services Rendered"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing for DBI disclose?
It discloses that officer Mark Haley has filed a Rule 144 notice for a potential sale of 1,800 shares of Designer Brands Inc. Class A Common stock, arising from restricted stock vesting under a registered plan and to be handled through Morgan Stanley Smith Barney LLC.
AI-generated analysis. How Rhea-AI works. Not financial advice.