Designer Brands (DBI) SVP Haley granted 1,487 dividend equivalent rights tied to RSUs
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. reported that officer Mark Haley, SVP, Controller & PAO, received a grant of 1,487 Dividend Equivalent Rights on July 8, 2026. These rights are tied to previously awarded RSUs and are economically equivalent to the same number of Class A common shares, becoming exercisable proportionately with the related RSUs. Following this award, Haley holds 8,151 Dividend Equivalent Rights 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 | Dividend Equivalent Rights | 1,487 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 8,151 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Dividend Equivalent Rights granted: 1,487
Total Dividend Equivalent Rights after grant: 8,151
Transaction price per right: 0.0000
+1 more
4 metrics
Dividend Equivalent Rights granted
1,487
Grant of Dividend Equivalent Rights to Mark Haley on July 8, 2026
Total Dividend Equivalent Rights after grant
8,151
Direct holdings of Mark Haley following the reported award
Transaction price per right
0.0000
Grant of Dividend Equivalent Rights with no cash price per right
Underlying Class A common shares
1,487
Each Dividend Equivalent Right is economically equivalent to one Class A common share
Key Terms
Dividend Equivalent Rights, restricted stock units (RSUs), Class A common stock
3 terms
Dividend Equivalent Rights financial
"The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs)"
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.
restricted stock units (RSUs) financial
"The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs)"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Class A common stock financial
"Each dividend equivalent right is the economic equivalent of 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.
FAQ
What insider transaction did Designer Brands (DBI) disclose for Mark Haley?
Designer Brands disclosed that Mark Haley, SVP, Controller & PAO, received a grant of 1,487 Dividend Equivalent Rights on July 8, 2026, tied to previously awarded restricted stock units.
How many Dividend Equivalent Rights did DBI officer Mark Haley receive?
Mark Haley received 1,487 Dividend Equivalent Rights. These rights accrued on previously awarded RSUs and each right is the economic equivalent of one share of Designer Brands’ Class A common stock.
What is Mark Haley’s total holding of Dividend Equivalent Rights after this DBI Form 4?
After the grant, Mark Haley holds a total of 8,151 Dividend Equivalent Rights directly. This total includes the newly granted 1,487 rights reported in the current Form 4 filing.
What are Dividend Equivalent Rights in the context of DBI’s Form 4?
Dividend Equivalent Rights are awards that accrue on previously granted RSUs. For DBI, each right is the economic equivalent of one Class A common share and becomes exercisable proportionately with the related RSUs.
Does Designer Brands (DBI) Form 4 for Mark Haley involve any stock sales or purchases?
The Form 4 reports a grant/acquisition of 1,487 Dividend Equivalent Rights to Mark Haley. It does not report any open-market stock sales or purchases in this transaction.