Designer Brands (NYSE: DBI) awards Andrea O'Donnell 3,885 dividend equivalent rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
O'Donnell Andrea reported acquisition or exercise transactions in this Form 4 filing.
Designer Brands Inc. reported that EVP, COO & Brands President Andrea O'Donnell received a grant of 3,885 Dividend Equivalent Rights on July 8, 2026. These rights accrued on previously awarded restricted stock units and each right is the economic equivalent of one Class A common share, becoming exercisable proportionately with the related RSUs. Following this award, O'Donnell holds 22,780 Dividend Equivalent Rights directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
O'Donnell Andrea
Role
EVP, COO & Brands President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 3,885 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 22,780 shares (Direct, null)
Footnotes (1)
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Key Figures
Dividend Equivalent Rights granted: 3,885 rights
Dividend Equivalent Rights post-transaction: 22,780 rights
Underlying Class A Common Shares: 3,885 shares
+1 more
4 metrics
Dividend Equivalent Rights granted
3,885 rights
Grant to Andrea O'Donnell on July 8, 2026
Dividend Equivalent Rights post-transaction
22,780 rights
Total Dividend Equivalent Rights held directly by Andrea O'Donnell after the grant
Underlying Class A Common Shares
3,885 shares
Each Dividend Equivalent Right is the economic equivalent of one Class A common share
Transaction price per right
$0.0000
Reported price and conversion/exercise price for the awarded Dividend Equivalent Rights
Key Terms
Dividend Equivalent Rights, restricted stock units (RSUs), 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 (RSUs) financial
"The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs)"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
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.
FAQ
What insider transaction did Designer Brands (DBI) disclose for Andrea O'Donnell?
Designer Brands disclosed that executive Andrea O'Donnell received a grant of 3,885 Dividend Equivalent Rights on July 8, 2026. These rights are tied to previously awarded restricted stock units and mirror the economics of Class A common shares.
How many Dividend Equivalent Rights does Andrea O'Donnell hold after this DBI transaction?
After the reported grant, Andrea O'Donnell holds a total of 22,780 Dividend Equivalent Rights. This total reflects the new 3,885 rights accrued on earlier restricted stock unit awards and all prior similar rights held directly.
What are Dividend Equivalent Rights in the context of Designer Brands (DBI)?
Dividend Equivalent Rights are awards that accrue on previously granted restricted stock units and become exercisable proportionately with those RSUs. Each right is described as the economic equivalent of one Class A common share of Designer Brands.
Do the DBI Dividend Equivalent Rights for Andrea O'Donnell have an exercise price?
The reported Dividend Equivalent Rights for Andrea O'Donnell show a transaction price and exercise price of $0.0000 per right. They vest and become exercisable in step with the underlying restricted stock units to which they relate.
What underlying security is linked to Andrea O'Donnell's DBI Dividend Equivalent Rights?
Each of Andrea O'Donnell’s 3,885 Dividend Equivalent Rights is linked to Class A Common Shares of Designer Brands. The filing states that each right is the economic equivalent of one share of the issuer's Class A common stock.