Was the Designer Brands (DBI) share grant to Joseph A. Schottenstein an open-market purchase?

No, the 26,527 Class A Common Shares were reported with transaction code A, indicating a grant, award, or other acquisition. The shares were acquired at $0.0000 per share, distinguishing this from an open-market purchase at a market price.

Designer Brands (NYSE: DBI) director granted 26,527 Class A shares, boosts direct stake

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Designer Brands Inc. director Joseph A. Schottenstein reported an acquisition of 26,527 Class A Common Shares as a grant or award at $0.0000 per share. Following this grant, his direct holdings increased to 318,141 Class A Common Shares.

He also reported indirect holdings of 1,273,099 Class A Common Shares through Schottenstein Realty LLC and 31,050 Class A Common Shares held by trusts. He disclaims beneficial ownership of these indirect shares except to the extent of his pecuniary interest.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Schottenstein Joseph A.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Shares	26,527	$0.00	--
holding	Class A Common Shares	--	--	--
holding	Class A Common Shares	--	--	--

Holdings After Transaction: Class A Common Shares — 318,141 shares (Direct, null); Class A Common Shares — 31,050 shares (Indirect, By Trusts)

Footnotes (1)

[object Object]

Key Figures

Share grant: 26,527 Class A Common Shares Grant price: $0.0000 per share Direct holdings after grant: 318,141 Class A Common Shares +3 more

6 metrics

Share grant 26,527 Class A Common Shares Grant, award, or other acquisition on June 17, 2026

Grant price $0.0000 per share Price per share for the 26,527-share grant

Direct holdings after grant 318,141 Class A Common Shares Total direct shares following the transaction

Indirect holdings via LLC 1,273,099 Class A Common Shares Indirectly held through Schottenstein Realty LLC

Indirect holdings by trusts 31,050 Class A Common Shares Indirectly held by trusts associated with Schottenstein

Acquisition transactions 1 transaction Transaction summary acquireCount in this Form 4

Key Terms

Class A Common Shares, indirect holdings, beneficial ownership, pecuniary interest, +1 more

5 terms

Class A Common Shares financial

"reported an acquisition of 26,527 Class A Common Shares as a grant"

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 holdings financial

"He also reported indirect holdings of 1,273,099 Class A Common Shares"

beneficial ownership financial

"He disclaims beneficial ownership of these indirect 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

"disclaims beneficial ownership of these indirect shares except to the extent of his pecuniary interest"

grant, award, or other acquisition financial

"reported with transaction code A, indicating a grant, award, or other acquisition"

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Form 4 Insider Transactions: What Each Field Means →

06/22/2026 - 04:02 PM

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)
06/17/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Shares	06/17/2026		A		26,527	A	$0.0000	318,141	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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	06/22/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Joseph A. Schottenstein report for Designer Brands (DBI)?

Joseph A. Schottenstein reported receiving a grant of 26,527 Class A Common Shares of Designer Brands. The shares were acquired at $0.0000 per share as a grant or award, increasing his direct ownership position reported in this filing.

How many Designer Brands (DBI) shares does Joseph A. Schottenstein now hold directly?

After the reported grant, Joseph A. Schottenstein directly holds 318,141 Class A Common Shares of Designer Brands. This figure represents his direct ownership only, separate from additional indirect holdings reported through entities and trusts associated with him.

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

The filing lists 1,273,099 Class A Common Shares held indirectly through Schottenstein Realty LLC and 31,050 shares held by trusts. Schottenstein disclaims beneficial ownership of these indirect shares except to the extent of his pecuniary interest, as noted in the footnote.

What does the footnote about beneficial ownership mean in the DBI Form 4?

The footnote states that Joseph A. Schottenstein disclaims beneficial ownership of certain indirectly held shares, except for his pecuniary interest. This means he does not claim full economic ownership of those shares beyond any financial interest he may personally have in them.

Does the Form 4 show any sales of Designer Brands (DBI) shares by Joseph A. Schottenstein?

The transaction summary indicates one acquisition and no sales of Designer Brands shares. The filing shows a grant of 26,527 shares and two holding entries, with no sell transactions reported in this particular Form 4 submission.