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Designer Brands (DBI) director Joseph Schottenstein reports small 239-share equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Schottenstein Joseph A. reported acquisition or exercise transactions in this Form 4 filing.

Designer Brands Inc. director Joseph A. Schottenstein reported an A-code grant/award of 239 Class A common shares at $0.00 per share. Following this award, he holds 318,380 Class A shares directly. He is also reported as having indirect interests in 1,273,099 shares through Schottenstein Realty LLC and 31,050 shares through trusts, and disclaims beneficial ownership of those indirect holdings except to the extent of his pecuniary interest.

Positive

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Negative

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Insights

Small routine equity grant to a director; overall impact is neutral.

Director Joseph A. Schottenstein received a Form 4-reported grant of 239 Class A common shares at $0.00 per share. Code A indicates a grant, award, or similar acquisition, typically part of standard director compensation rather than an open-market purchase.

After this grant, Schottenstein holds 318,380 shares directly, plus indirect interests in 1,273,099 shares through Schottenstein Realty LLC and 31,050 shares via trusts. A footnote states he disclaims beneficial ownership of the indirect holdings except for his pecuniary interest, meaning economic exposure may differ from voting control. No sales or option exercises are reported in this filing.

Insider Schottenstein Joseph A.
Role null
Type Security Shares Price Value
Grant/Award Class A Common Shares 239 $0.00 --
holding Class A Common Shares -- -- --
holding Class A Common Shares -- -- --
Holdings After Transaction: Class A Common Shares — 318,380 shares (Direct, null); Class A Common Shares — 31,050 shares (Indirect, By Trusts)
Footnotes (1)
  1. [object Object]
Shares Granted 239 Class A common shares Grant, award, or other acquisition on July 8, 2026 (Code A)
Direct Holdings After Transaction 318,380 Class A common shares Total direct shares following the grant
Indirect Holdings via Schottenstein Realty LLC 1,273,099 Class A common shares Indirect ownership reported as holdings associated with Schottenstein Realty LLC
Indirect Holdings via Trusts 31,050 Class A common shares Indirect ownership reported as holdings by trusts
Grant Price $0.00 per share Price for the 239-share grant/award transaction
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
indirect financial
"ownership_type: indirect"
pecuniary interest financial
"disclaims beneficial ownership of such shares except to the extent of his pecuniary interest"
beneficial ownership financial
"disclaims beneficial ownership of such 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.
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FAQ

What transaction did Joseph A. Schottenstein report on Form 4 for DBI?

Joseph A. Schottenstein reported a grant or award of 239 Class A common shares of Designer Brands Inc. The shares were acquired at $0.00 per share, consistent with equity compensation rather than an open-market purchase.

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

After the reported grant, Joseph A. Schottenstein holds 318,380 Class A common shares of Designer Brands Inc. directly. This figure reflects his direct ownership position as of the July 8, 2026 transaction date in the Form 4.

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

Indirect interests associated with Joseph A. Schottenstein include 1,273,099 Class A shares held through Schottenstein Realty LLC and 31,050 shares held by trusts, as reported in the Form 4’s holding entries.

Does Joseph A. Schottenstein claim full beneficial ownership of his indirect DBI holdings?

No. A footnote states that Joseph A. Schottenstein disclaims beneficial ownership of the indirect shares except to the extent of his pecuniary interest, indicating his economic stake may not match full voting control.

Were there any sales of Designer Brands (DBI) shares in this Form 4?

No sales are reported. The Form 4 shows a grant/award acquisition of 239 shares and two entries classified as holdings, which simply report indirect positions rather than new buy or sell transactions.
SEC Form 4
FORM 4UNITED 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Shares07/08/2026A239A$0.0000318,380D
Class A Common Shares31,050IBy Trusts(1)
Class A Common Shares1,273,099ISchottenstein 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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-Fact07/10/2026
** Signature of Reporting PersonDate
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)