Designer Brands (DBI) EVP Laura Davis receives new restricted stock unit awards

Rhea-AI Filing Summary

Designer Brands Inc. executive Laura Davis, EVP and President of DSW Designer Shoe Warehouse, reported two compensation-related grants of restricted stock units. On March 11, 2026, she received 13,768 restricted stock units tied to Class A common shares, with an exercise and expiration date of March 28, 2027. She also received 36,862 restricted stock units with an exercise and expiration date of March 28, 2028. Each unit represents a contingent right to receive one Class A common share, and no open-market purchases or sales were reported in this filing.

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

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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^*

Davis Laura

(Last) (First) (Middle)

810 DSW DRIVE

(Street)

COLUMBUS OH 43219

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Designer Brands Inc. [ DBI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP;Pres DSW Designer ShoeWhse

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
Restricted Stock Unit	(1)	03/11/2026		A		13,768		03/28/2027	03/28/2027	Class A Common Shares	13,768	$0.0000	64,088	D
Restricted Stock Unit	(1)	03/11/2026		A		36,862		03/28/2028	03/28/2028	Class A Common Shares	36,862	$0.0000	36,862	D

Explanation of Responses:

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

	Katherine Alfano, Attorney-in-Fact	03/13/2026
	** 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.
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FAQ

What insider transaction did Designer Brands (DBI) report for Laura Davis?

Designer Brands reported that executive Laura Davis received two grants of restricted stock units on March 11, 2026. These awards are part of her equity compensation and give her contingent rights to receive Class A common shares in future years, subject to plan terms.

How many restricted stock units did Laura Davis receive in the latest DBI Form 4?

Laura Davis received 13,768 restricted stock units with a 2027 exercise date and 36,862 restricted stock units with a 2028 exercise date. Each restricted stock unit represents a contingent right to one Class A common share of Designer Brands, subject to applicable vesting conditions.

Were there any open-market stock purchases or sales by Laura Davis in this DBI filing?

No open-market stock purchases or sales were reported for Laura Davis. The Form 4 only shows compensation-related acquisitions coded as grants of restricted stock units, not buy or sell transactions in the company’s Class A common shares on the open market.

What does each restricted stock unit represent in the Designer Brands (DBI) Form 4?

Each restricted stock unit represents a contingent right to receive one share of Designer Brands’ Class A common stock. The units typically convert into shares if vesting and other plan conditions are met, aligning executive compensation with the company’s long-term share performance.

What future dates are associated with Laura Davis’s DBI restricted stock unit grants?

The filing shows one grant of restricted stock units with an exercise and expiration date of March 28, 2027, and another with an exercise and expiration date of March 28, 2028. These dates define when the awards are scheduled to become deliverable under plan terms.