Designer Brands (NYSE: DBI) EVP trims stake with 34,708-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Designer Brands Inc. executive Mary Turner reported an open-market sale of 34,708 Class A Common Shares. The shares were sold on June 10, 2026 at a weighted average price of $6.9966 per share, with individual sale prices ranging from $6.75 to $7.26.
After this transaction, Turner directly holds 601 Class A Common Shares. The filing notes that detailed trade information by exact price level is available upon request from regulators, the company, or its security holders.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 34,708 shares ($242,838)
Net Sell
1 txn
Insider
Turner Mary
Role
EVP;Pres DesignerBrands Canada
Sold
34,708 shs ($243K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Shares | 34,708 | $6.9966 | $243K |
Holdings After Transaction:
Class A Common Shares — 601 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 34,708 shares
Weighted average sale price: $6.9966 per share
Sale price range: $6.75–$7.26 per share
+2 more
5 metrics
Shares sold
34,708 shares
Open-market sale of Class A Common Shares on June 10, 2026
Weighted average sale price
$6.9966 per share
Average price across all reported sales on June 10, 2026
Sale price range
$6.75–$7.26 per share
Range of individual trade prices for the reported sale
Shares held after transaction
601 shares
Directly held Class A Common Shares after the sale
Transaction code
S
Indicates sale in open market or private transaction
Key Terms
open-market sale, Class A Common Shares, weighted average, Form 4
4 terms
open-market sale financial
"transaction_action":"open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average financial
"Price represents a weighted average of the sale price."
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Designer Brands (DBI) executive Mary Turner report in this Form 4 filing?
Mary Turner reported selling 34,708 Class A Common Shares of Designer Brands in an open-market transaction. The weighted average sale price was $6.9966 per share, with prices ranging from $6.75 to $7.26 on June 10, 2026.
What type of transaction did Mary Turner execute in Designer Brands (DBI) stock?
Mary Turner executed an open-market sale of Designer Brands Class A Common Shares, coded as “S” in the Form 4. This code indicates a sale in the open market or a private transaction rather than a grant, option exercise, or tax-related transfer.