Designer Brands (NYSE: DBI) insider granted 943 dividend rights

Rhea-AI Filing Summary

Haley Mark reported acquisition or exercise transactions in this Form 4 filing.

Designer Brands Inc. reported that SVP, Controller & PAO Mark Haley received a grant of 943 Dividend Equivalent Rights on 2026-04-10. These rights accrued on previously awarded restricted stock units and become exercisable in step with those RSUs. Each right is economically equivalent to one Class A common share. Following this compensation-related award, Haley holds 6,664 Dividend Equivalent Rights directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Haley Mark

Role SVP, Controller & PAO

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights	943	$0.00	--

Holdings After Transaction: Dividend Equivalent Rights — 6,664 shares (Direct)

Footnotes (1)

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Key Figures

Dividend Equivalent Rights granted: 943 rights Total rights after transaction: 6,664 rights Price per right: $0.00

3 metrics

Dividend Equivalent Rights granted 943 rights Grant on 2026-04-10 tied to RSUs

Total rights after transaction 6,664 rights Dividend Equivalent Rights held directly after grant

Price per right $0.00 Grant/award acquisition of Dividend Equivalent Rights

Key Terms

Dividend Equivalent Rights, restricted stock units, Class A common stock

3 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 units financial

"The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs)…"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Class A common stock financial

"Each dividend equivalent right is the economic equivalent of one share of Issuer's Class A common stock."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Form 4 Insider Transactions: What Each Field Means →

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^*

Haley Mark

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Controller & PAO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026

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

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
Dividend Equivalent Rights	(1)	04/10/2026		A		943		(1)	(1)	Class A Common Shares	943	$0.0000	6,664	D

Explanation of Responses:

1. 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.

	Katherine Alfano, Attorney-in-Fact	04/14/2026
	** 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)

FAQ

What insider transaction did Designer Brands (DBI) report for Mark Haley?

Designer Brands reported that SVP, Controller & PAO Mark Haley received a grant of 943 Dividend Equivalent Rights. These awards accrued on previously granted restricted stock units and are tied to future vesting, functioning as compensation rather than an open-market stock purchase or sale.

How many Dividend Equivalent Rights does Mark Haley hold after this DBI Form 4?

After the grant, Mark Haley holds a total of 6,664 Dividend Equivalent Rights directly. The 943 new rights accrue on earlier restricted stock unit awards and track those units’ vesting, providing economic value equivalent to Class A common shares over time.

What are Dividend Equivalent Rights in the context of DBI’s filing?

Dividend Equivalent Rights in this filing are awards that accrued on previously granted restricted stock units. Each right is the economic equivalent of one share of Designer Brands’ Class A common stock and becomes exercisable proportionately as the related RSUs vest in the future.

Is the DBI insider transaction an open-market trade or a compensation award?

The transaction is a compensation award, not an open-market trade. Mark Haley received 943 Dividend Equivalent Rights at a price of $0.00 per right, accruing on previously granted RSUs and vesting alongside them instead of being bought or sold on the market.

Which security underlies the Dividend Equivalent Rights granted at Designer Brands (DBI)?

The Dividend Equivalent Rights granted to Mark Haley are linked to Designer Brands’ Class A common shares. Each right represents the economic equivalent of one Class A share and becomes exercisable proportionately with the related restricted stock units as they vest over time.