Designer Brands (NYSE: DBI) EVP awarded 13,005 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Designer Brands Inc. executive Mary Turner, EVP and President of Designer Brands Canada, received a grant of 13,005 Restricted Stock Units on April 2, 2026. Each unit represents a contingent right to receive one Class A common share.
This award is compensation-related and was acquired at a stated price of $0.00 per unit, bringing Turner’s directly held RSU balance to 13,005 units. The units are scheduled with an exercise and expiration date of April 2, 2027, indicating when the underlying shares may become deliverable if vesting and other conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Turner Mary
Role
EVP;Pres DesignerBrands Canada
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 13,005 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 13,005 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 13,005 units
Post-grant RSU holdings: 13,005 units
Grant price: $0.00 per unit
+3 more
6 metrics
RSUs granted
13,005 units
Restricted Stock Units granted on April 2, 2026
Post-grant RSU holdings
13,005 units
Total RSUs directly held after the transaction
Grant price
$0.00 per unit
Stated transaction price for the RSU award
Grant date
April 2, 2026
RSU transaction date reported on Form 4
Exercise/expiration date
April 2, 2027
Date tied to RSU exercise and expiration
Underlying shares
13,005 Class A shares
Each RSU corresponds to one Class A common share
Key Terms
Restricted Stock Unit, Class A common stock, grant, award, or other acquisition
3 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Class A common stock financial
"to receive 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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Designer Brands (DBI) executive Mary Turner report in this Form 4?
Mary Turner reported receiving a grant of 13,005 restricted stock units as equity compensation. These units give her a contingent right to receive the same number of Class A common shares, subject to vesting and other conditions described in the award.
How many Designer Brands (DBI) RSUs did Mary Turner receive?
Mary Turner received 13,005 restricted stock units. After this grant, her total directly held RSU balance is 13,005 units, each tied to one Class A common share, reflecting a new equity award rather than an open-market stock purchase.
At what price were Mary Turner’s Designer Brands (DBI) RSUs granted?
The 13,005 restricted stock units were granted at a stated price of $0.00 per unit. This is typical for RSU compensation, where value comes from future share delivery if vesting and service conditions under the company’s equity plan are satisfied.
When do Mary Turner’s Designer Brands (DBI) RSUs reach their key dates?
The RSU grant is dated April 2, 2026, with an exercise and expiration date of April 2, 2027. Those dates frame when the units may convert into Class A common shares, assuming applicable vesting or service requirements are met under the award terms.
What does each restricted stock unit represent for Designer Brands (DBI)?
Each restricted stock unit represents a contingent right to receive one share of Designer Brands’ Class A common stock. Actual share delivery depends on conditions such as vesting, so the units function as deferred equity compensation for the reporting executive.