Designer Brands director receives 239-share stock grant

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

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.

Insights

Equity Compensation Analyst

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 Trade Summary

Grant/Award: 239 shares

Grant/Award 3 txns

Insider Schottenstein Joseph A.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Shares	239	$0.00	$0.00
holding	Class A Common Shares F1	--	--	--
holding	Class A Common Shares F1	--	--	--

Holdings After Transaction: Class A Common Shares — 318,380 shares (Direct); Class A Common Shares — 31,050 shares (Indirect, By Trusts); Class A Common Shares — 1,273,099 shares (Indirect, Schottenstein Realty LLC)

Footnotes (1)

1. F1. Mr. Schottenstein disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Key Figures

Shares Granted: 239 Class A common shares Direct Holdings After Transaction: 318,380 Class A common shares Indirect Holdings via Schottenstein Realty LLC: 1,273,099 Class A common shares +2 more

5 metrics

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

Key Terms

Grant, award, or other acquisition, indirect, pecuniary interest, beneficial ownership

4 terms

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/10/2026 - 03:05 PM EDT Learn about SEC filing dates

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)
07/08/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Shares	07/08/2026		A		239	A	$0.0000	318,380	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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-Fact	07/10/2026
	** 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)