Designer Brands (NYSE: DBI) director receives 3,725 Class A shares in grant
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,725 shares
Net Buy
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)
- 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
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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
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.
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.