DBI insider reports 8,302 dividend equivalent rights on RSUs
Rhea-AI Filing Summary
Designer Brands Inc. (DBI) reported an insider transaction by an officer, who acquired 8,302 dividend equivalent rights on October 17, 2025. Each right is economically equivalent to one share of Class A common stock and accrued on previously awarded RSUs; they become exercisable proportionately with the related RSUs.
Following the transaction, the reporting person beneficially owned 28,732 derivative securities on a direct basis. The officer’s title is listed as EVP; President, DSW Designer Shoe Warehouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Davis Laura
Role
EVP;Pres DSW Designer ShoeWhse
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 8,302 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Rights — 28,732 shares (Direct)
Footnotes (1)
- F1. 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did DBI disclose in this Form 4 filing?
An officer acquired 8,302 dividend equivalent rights on October 17, 2025 tied to previously awarded RSUs.
How many derivative securities does the insider own after the transaction?
The filing shows 28,732 derivative securities beneficially owned directly after the reported transaction.
What are dividend equivalent rights (DERs) in this context?
Each DER is the economic equivalent of one Class A common share and accrues on RSUs, becoming exercisable proportionately with them.
What class of securities underlies the DERs reported by DBI?
The derivative rights correspond to Class A common shares of Designer Brands Inc.
What is the insider’s role at Designer Brands (DBI)?
The reporting person is listed as EVP; President, DSW Designer Shoe Warehouse.
What was the price for the dividend equivalent rights?
The filing lists a price of $0.0000 for the derivative security.