Designer Brands Inc. (DBI) EVP exercises RSUs, shares withheld
Rhea-AI Filing Summary
Designer Brands Inc. executive Laura Davis, EVP and President of DSW Designer Shoe Warehouse, exercised and converted equity awards on August 1, 2026. Dividend equivalent rights for 12,566 units and restricted stock units for 101,935 units were converted into Class A common shares, and 34,547 shares were withheld at $6.04 per share to satisfy exercise price or tax obligations.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 79,954 shares
Net Buy
4 txns
Insider
Davis Laura
Role
EVP;Pres DSW Designer ShoeWhse
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights F1 | 12,566 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F2 | 101,935 | $0.00 | $0.00 |
| Exercise | Class A Common Shares | 114,501 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Shares | 34,547 | $6.04 | $209K |
Holdings After Transaction:
Dividend Equivalent Rights — 24,403 shares (Direct);
Restricted Stock Unit — 0 shares (Direct);
Class A Common Shares — 100,151 shares (Direct)
Footnotes (2)
- F1. The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs) and become exercisable proportionately with the RSUs to which they relate. Each dividend equivalent right is the economic equivalent of one share of Issuer's Class A common stock.
- F2. Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A common stock.
Key Figures
Dividend equivalent rights converted: 12,566 units
Restricted stock units converted: 101,935 units
Class A shares acquired via exercises: 114,501 shares
+1 more
4 metrics
Dividend equivalent rights converted
12,566 units
Dividend equivalent rights converted into Class A common shares on August 1, 2026
Restricted stock units converted
101,935 units
Restricted stock units converted into Class A common shares on August 1, 2026
Class A shares acquired via exercises
114,501 shares
Class A common shares acquired through derivative exercises on August 1, 2026
Shares withheld for obligations
34,547 shares at $6.04 per share
Class A common shares withheld to satisfy exercise price or tax liabilities
Key Terms
Dividend Equivalent Rights, Restricted Stock Unit, Class A Common Shares, Payment of exercise price or tax liability by delivering or withholding securities
4 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 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.
Payment of exercise price or tax liability by delivering or withholding securities financial
"transaction_code_description: Payment of exercise price or tax liability by delivering or withholding securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Designer Brands (DBI) EVP Laura Davis report on August 1, 2026?
Laura Davis reported exercises and conversions of dividend equivalent rights and restricted stock units into Class A common shares on August 1, 2026. The activity included share withholding at $6.04 per share to cover exercise price or tax obligations related to these equity awards.
How many restricted stock units did Designer Brands (DBI) executive Laura Davis convert?
Laura Davis converted 101,935 restricted stock units into an equal number of Class A common shares. Each restricted stock unit represented a contingent right to receive one share of Designer Brands’ Class A common stock, and after this transaction, restricted stock unit holdings reported were reduced to zero.
What are the dividend equivalent rights in the Designer Brands (DBI) insider report?
The report shows dividend equivalent rights that accrued on previously awarded RSUs and convert proportionately with them. Each dividend equivalent right is the economic equivalent of one Class A common share, providing cash-dividend–like value when the underlying RSUs vest and are converted.
How many dividend equivalent rights remained for Laura Davis after the reported conversions at Designer Brands (DBI)?
After converting 12,566 dividend equivalent rights into Class A common shares, Laura Davis had 24,403 dividend equivalent rights remaining. These rights are tied to previously granted RSUs and remain economically equivalent to the company’s Class A common stock until further exercises occur.
What position does Laura Davis hold at Designer Brands (DBI) in this insider report?
Laura Davis is identified as an officer of Designer Brands Inc., serving as EVP; President of DSW Designer Shoe Warehouse. The reported equity award exercises and share withholding transactions reflect changes in her personal holdings of the company’s Class A common shares.