Designer Brands (NYSE: DBI) grants 38,850 RSUs to senior finance executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Haley Mark reported acquisition or exercise transactions in this Form 4 filing.
Designer Brands Inc. granted Senior Vice President, Controller & Principal Accounting Officer Mark Haley 38,850 restricted stock units on April 2, 2026. Each restricted stock unit represents a contingent right to receive one Class A common share. Following this grant, Haley holds 38,850 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Haley Mark
Role
SVP, Controller & PAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 38,850 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 38,850 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 38,850 units
Grant price per unit: $0.00
Underlying shares: 38,850 Class A shares
+2 more
5 metrics
RSUs granted
38,850 units
Restricted stock units granted on April 2, 2026
Grant price per unit
$0.00
Reported transaction price per restricted stock unit
Underlying shares
38,850 Class A shares
Each RSU represents a right to one Class A common share
Exercise/expiration date
April 2, 2029
Reported exercise and expiration date for the restricted stock units
Post-grant RSU holdings
38,850 units
Total restricted stock units held after the reported grant
Key Terms
Restricted Stock Unit, Class A common stock, contingent right, grant, award, or other acquisition
4 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Class A common stock financial
"receive one share of 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
"represents a contingent right to receive one share"
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What equity award did Designer Brands (DBI) grant to executive Mark Haley?
Designer Brands granted Mark Haley 38,850 restricted stock units. These units are a form of share-based compensation that can convert into Class A common shares, aligning the executive’s interests with shareholders over time as the units settle into stock.
What does each restricted stock unit represent for DBI’s Mark Haley?
Each restricted stock unit represents a contingent right to receive one Class A common share. This means Haley does not receive shares immediately, but may receive an equivalent number of Class A shares if the units vest and settle as outlined.
How many restricted stock units does Mark Haley hold after this DBI award?
After the award, Mark Haley holds 38,850 restricted stock units. This total matches the number of units granted on April 2, 2026, indicating this grant established his reported restricted stock unit position in Designer Brands’ equity.
Was cash paid for the restricted stock units granted to DBI’s Mark Haley?
The restricted stock units were granted at a reported price of $0.00 per unit. This reflects that they are compensation-based awards rather than shares purchased in the open market, commonly used to incentivize and retain senior executives.
What underlying security is linked to Mark Haley’s DBI restricted stock units?
The restricted stock units are linked to Class A Common Shares of Designer Brands. If settlement conditions are met, each unit can convert into one Class A common share, directly tying the award’s value to the company’s equity performance.