Designer Brands director awarded 2,551 stock units

Designer Brands Inc. director Elaine J. Eisenman received a grant of 2,551 stock units on July 8, 2026 as a compensation award.

Rhea-AI Filing Summary

Designer Brands Inc. director Elaine J. Eisenman received a grant of 2,551 stock units on July 8, 2026 as a compensation award. Each stock unit represents a contingent right to receive one Class A common share and becomes vested on the grant date, converting into shares upon her termination of service from the Board. The reported total of 285,837 stock units after the transaction includes accrued dividend equivalent rights.

Insider Trade Summary

Grant/Award: 2,551 shares

Grant/Award 1 txn

Insider EISENMAN ELAINE J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Unit F1, F2, F3, F4	2,551	$0.00	$0.00

Holdings After Transaction: Stock Unit — 285,837 contracts (Direct)

Footnotes (4)

1. F1. Each stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
2. F2. Shares represent dividend equivalent rights accrued on previously awarded stock units.
3. F3. The stock unit becomes vested upon the date of grant and will be converted to an equal number of shares of Issuer's Class A common stock upon Insider's termination of service from the Board of Directors.
4. F4. Total includes accrued dividend equivalent rights.

Key Figures

Stock units granted: 2,551 stock units Total stock units after transaction: 285,837 stock units Conversion ratio: 1 stock unit = 1 Class A common share +1 more

4 metrics

Stock units granted 2,551 stock units Grant/award acquisition reported for July 8, 2026

Total stock units after transaction 285,837 stock units Holdings following the reported grant, including dividend equivalent rights

Conversion ratio 1 stock unit = 1 Class A common share Each stock unit represents a contingent right to one Class A common share

Transaction price per unit 0.0000 Reported transaction price per stock unit for the grant/award

Key Terms

stock unit, dividend equivalent rights, Class A common stock, contingent right

4 terms

stock unit financial

"Each stock unit represents a contingent right to receive one share"

dividend equivalent rights financial

"Shares represent dividend equivalent rights accrued on previously awarded stock units"

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

Class A common stock financial

"receive one share of the Issuer's Class A common stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

contingent right financial

"Each stock unit represents a contingent right to receive one share"

FAQ

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

What did Designer Brands (DBI) director Elaine Eisenman report in this Form 4?

Elaine J. Eisenman reported a grant of 2,551 stock units of Designer Brands Inc. Each unit is a contingent right to one Class A common share, vesting on the grant date and settling when her Board service ends.

How many Designer Brands (DBI) stock units does Elaine Eisenman hold after this transaction?

After the reported award, Elaine J. Eisenman holds 285,837 stock units. This total includes accrued dividend equivalent rights associated with previously awarded stock units, as disclosed in the filing.

What does each stock unit granted to Elaine Eisenman by Designer Brands (DBI) represent?

Each stock unit represents a contingent right to receive one share of Designer Brands’ Class A common stock. The units vest on the grant date and convert into shares when her Board service terminates.

Why did Elaine Eisenman of Designer Brands (DBI) receive 2,551 additional stock units?

The 2,551 additional stock units represent dividend equivalent rights accrued on previously awarded stock units. These are granted so holders are compensated for dividends paid on the underlying Class A common shares.

When will Elaine Eisenman’s Designer Brands (DBI) stock units be converted into shares?

The stock units will be converted into an equal number of Class A common shares upon Elaine J. Eisenman’s termination of service from the Board of Directors, according to the Form 4 footnotes.

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

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Accepted by SEC EDGAR 07/10/2026 - 03:04 PM EDT 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^*

EISENMAN ELAINE J

(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)
07/08/2026

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

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
Stock Unit	(1)	07/08/2026		A		2,551(2)		(3)	(3)	Class A Common Shares	2,551	$0.0000	285,837(4)	D

Explanation of Responses:

1. Each stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.

2. Shares represent dividend equivalent rights accrued on previously awarded stock units.

3. The stock unit becomes vested upon the date of grant and will be converted to an equal number of shares of Issuer's Class A common stock upon Insider's termination of service from the Board of Directors.

4. Total includes accrued dividend equivalent rights.

	Katherine Alfano, Attorney-in-Fact	07/10/2026
	** 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)