Designer Brands director to sell 25,000 shares

Rhea-AI Filing Summary

Designer Brands Inc. (DBI) director Harvey L. Sonnenberg has filed a Rule 144 notice indicating an intention to sell 25,000 shares of Class A common stock through Charles Schwab & Co., Inc., with an aggregate market value of $156,267 based on pricing as of September 16, 2026 on the NYSE.

The filing states that 43,390,683 Class A shares were outstanding as of that date and that the shares relate to a Restricted Stock Award of 26,527 shares acquired from the issuer on June 17, 2026.

Key Figures

Shares to be sold: 25,000 shares Aggregate market value of shares to be sold: $156,267 Class A shares outstanding: 43,390,683 shares +3 more

6 metrics

Shares to be sold 25,000 shares Class A common stock proposed for sale under Rule 144

Aggregate market value of shares to be sold $156,267 Value of 25,000 Class A shares as of September 16, 2026

Class A shares outstanding 43,390,683 shares Designer Brands Inc. Class A common stock outstanding as of September 16, 2026

Restricted Stock Award shares 26,527 shares Class A shares acquired from the issuer on June 17, 2026

Date of acquisition June 17, 2026 Acquisition date for 26,527 Restricted Stock Award shares

Filing signature date September 16, 2026 Date Harvey L. Sonnenberg signed the Form 144 notice

Key Terms

Rule 144, Restricted Stock Award, Class A

3 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 Award financial

"Restricted Stock Award | Issuer | | | 26527 | 06/17/2026"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

Class A financial

"Common Class A | Charles Schwab & Co., Inc 3000 Schwab Way"

Class A denotes a specific group of a company’s shares that carry a particular set of rights—most commonly different voting power or dividend priority compared with other share classes. Think of it like different seats on a bus where some seats let you steer and others only ride: knowing whether a share is Class A tells investors how much influence they have over company decisions and how returns might be distributed, which affects control and value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many DBI shares does Harvey L. Sonnenberg plan to sell under this Form 144?

The notice reports an intention to sell 25,000 shares of Designer Brands Inc. Class A common stock. These shares are to be sold through Charles Schwab & Co., Inc. under Rule 144.

What is the reported market value of the DBI shares in Harvey Sonnenberg’s Form 144?

The filing lists an aggregate market value of $156,267 for the 25,000 Class A shares to be sold. The value is based on market pricing as of September 16, 2026.

How many Designer Brands Inc. Class A shares were outstanding according to this filing?

The Form 144 states that 43,390,683 shares of Designer Brands Inc. Class A common stock were outstanding as of September 16, 2026.

What is the source of the DBI shares covered by Harvey Sonnenberg’s Rule 144 filing?

The shares relate to a Restricted Stock Award of 26,527 Class A shares acquired from Designer Brands Inc. on June 17, 2026, as reported in the acquisition section of the Form 144.

On which exchange are the DBI shares in this Form 144 listed?

The Class A common shares referenced in the Form 144 are listed on the NYSE, as indicated in the securities information section of the notice.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/16/2026 - 12:01 PM Accepted by SEC EDGAR 09/16/2026 - 12:01 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001195384
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Designer Brands Inc.
SEC File Number	001-32545
Address of Issuer	810 DSW DRIVE COLUMBUS OHIO 43219
Phone	(614) 237-7100
Name of Person for Whose Account the Securities are To Be Sold	SONNENBERG HARVEY L
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Class A	Charles Schwab & Co., Inc 3000 Schwab Way Westlake TX 76262	25000	156267.00	43390683	09/16/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Class A	06/17/2026	Restricted Stock Award	Issuer			26527	06/17/2026	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	09/16/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Harvey L. Sonnenberg
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)