Designer Brands director awarded 3,725 Class A shares

Schottenstein Joseph A. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Schottenstein Joseph A. reported acquisition or exercise transactions in this Form 4 filing.

Designer Brands Inc. director Joseph A. Schottenstein received a grant of 3,725 Class A Common Shares on July 31, 2026 at $0.00 per share, increasing his directly held stake to 322,105 shares. Additional positions reported include 31,050 shares held by trusts and 1,273,099 shares held by Schottenstein Realty LLC, for which he disclaims beneficial ownership except to the extent of his pecuniary interest. The transaction was not reported under a Rule 10b5-1 trading plan.

Insider Trade Summary

Grant/Award: 3,725 shares

Grant/Award 3 txns

Insider Schottenstein Joseph A.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Shares	3,725	$0.00	$0.00
holding	Class A Common Shares F1	--	--	--
holding	Class A Common Shares F1	--	--	--

Holdings After Transaction: Class A Common Shares — 322,105 shares (Direct); Class A Common Shares — 31,050 shares (Indirect, By Trusts); Class A Common Shares — 1,273,099 shares (Indirect, Schottenstein Realty LLC)

Footnotes (1)

1. F1. Mr. Schottenstein disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Key Figures

Shares granted: 3,725 Class A Common Shares Grant price per share: $0.0000 per share Direct holdings after grant: 322,105 Class A Common Shares +2 more

5 metrics

Shares granted 3,725 Class A Common Shares Grant, award, or other acquisition on July 31, 2026

Grant price per share $0.0000 per share Reported price for 3,725-share Class A Common Shares award

Direct holdings after grant 322,105 Class A Common Shares Direct ownership following July 31, 2026 grant

Indirect holdings by trusts 31,050 Class A Common Shares Indirect ownership reported as held "By Trusts"

Indirect holdings via Schottenstein Realty LLC 1,273,099 Class A Common Shares Indirect ownership reported through Schottenstein Realty LLC

Key Terms

Class A Common Shares, indirect ownership, beneficial ownership, pecuniary interest

4 terms

Class A Common Shares financial

"security_title: "Class A Common Shares" for the reported transactions"

A Class A common share is a specific type of ordinary company share that represents an ownership stake and usually carries particular voting rights or payout priorities compared with other share classes. For investors it matters because those differences affect how much influence you have over company decisions, how dividends or liquidation proceeds might be distributed, and how easily the shares trade — like choosing between car models where one has extra features (more control) and another focuses on price or availability (liquidity).

indirect ownership financial

"ownership_type: "indirect" with nature_of_ownership by trusts and LLC"

beneficial ownership regulatory

"disclaims beneficial ownership of such shares except to the extent"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"except to the extent of his pecuniary interest therein"

FAQ

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

What insider transaction did DBI director Joseph A. Schottenstein report?

Joseph A. Schottenstein reported receiving a grant of 3,725 Class A Common Shares of Designer Brands Inc. on July 31, 2026. The award was recorded at $0.00 per share, indicating a compensation-related stock grant rather than an open-market purchase.

How many Designer Brands (DBI) shares does Joseph A. Schottenstein hold directly after this Form 4?

Following the reported grant, Joseph A. Schottenstein directly holds 322,105 Class A Common Shares of Designer Brands Inc. This figure reflects his updated direct ownership position as of the July 31, 2026 transaction date in the Form 4 filing.

What indirect Designer Brands (DBI) holdings are associated with Joseph A. Schottenstein?

The Form 4 lists 31,050 shares held by trusts and 1,273,099 shares held by Schottenstein Realty LLC as indirect positions. Schottenstein disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in those entities.

Was the DBI Form 4 transaction by Joseph A. Schottenstein under a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and aff_10b5_one is recorded as false. This indicates the reported stock grant was not disclosed as executed under a pre-arranged Rule 10b5-1 trading plan.

What type of transaction code appears on Joseph A. Schottenstein’s DBI Form 4?

The primary transaction uses code A, described as a grant, award, or other acquisition of Class A Common Shares. This code signals that the 3,725 shares were received as an award, not bought or sold in the open market.

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

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Available on EDGAR 08/04/2026 - 04:13 PM Accepted by SEC EDGAR 08/04/2026 - 04:13 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Schottenstein Joseph A.

(Last) (First) (Middle)

810 DSW DRIVE

(Street)

COLUMBUS OHIO 43219

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Designer Brands Inc. [ DBI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Shares	07/31/2026		A		3,725	A	$0.0000	322,105	D
Class A Common Shares								31,050	I	By Trusts(1)
Class A Common Shares								1,273,099	I	Schottenstein Realty LLC(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Mr. Schottenstein disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

	Katherine Alfano, Attorney-in-Fact	08/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)