Designer Brands grants 126,690 RSUs to EVP

Davis Laura reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Davis Laura reported acquisition or exercise transactions in this Form 4 filing.

Designer Brands Inc. reported that executive vice president Laura Davis received a grant of 126,690 restricted stock units on April 2, 2026. Each unit is a contingent right to receive one share of the company’s Class A common stock, giving her a direct equity-based compensation award of the same size.

Insider Trade Summary

Grant/Award: 126,690 shares

Grant/Award 1 txn

Insider Davis Laura

Role EVP;Pres DSW Designer ShoeWhse

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	126,690	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 126,690 contracts (Direct)

Footnotes (1)

1. F1. Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A common stock.

Key Figures

RSUs granted: 126,690 units Underlying Class A shares: 126,690 shares Transaction price per unit: $0.0000 +3 more

6 metrics

RSUs granted 126,690 units Restricted stock unit grant to EVP Laura Davis on April 2, 2026

Underlying Class A shares 126,690 shares Each RSU represents a contingent right to one Class A common share

Transaction price per unit $0.0000 Grant, award, or other acquisition of restricted stock units

Total derivative holdings after grant 126,690 units Total restricted stock units following the reported transaction

Exercise date April 2, 2029 Reported exercise date for the restricted stock unit award

Expiration date April 2, 2029 Reported expiration date for the restricted stock unit award

Key Terms

Restricted Stock Unit, Class A common stock, derivative, Grant, award, or other acquisition

4 terms

Restricted Stock Unit financial

"security_title: "Restricted Stock Unit" for the reported derivative transaction"

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

"Each restricted stock unit represents a contingent right 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.

derivative financial

"transaction_type: "derivative" describes the nature of the restricted stock unit award"

A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition" characterizes the Form 4 entry"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Designer Brands (DBI) report for Laura Davis?

Designer Brands reported that executive vice president Laura Davis received a grant of 126,690 restricted stock units. These units are a form of equity compensation that may convert into Class A common shares, aligning her interests with shareholders through potential future stock ownership.

How many restricted stock units were granted to the Designer Brands EVP?

Laura Davis was granted 126,690 restricted stock units. According to the filing, each unit represents a contingent right to receive one share of Designer Brands’ Class A common stock, so the award relates to the same number of potential future shares.

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. This means the units are not shares today but may convert into Class A shares in the future if the applicable conditions are satisfied.

Is the Laura Davis Form 4 transaction a purchase or a compensation award?

The transaction is a compensation award, not an open-market purchase. The Form 4 identifies the code as a grant, award, or other acquisition, and the transaction price per unit is reported as $0.0000, indicating it was granted by the company.

How many derivative transactions were reported in this Designer Brands Form 4?

The summary shows one derivative transaction. It reflects the grant of 126,690 restricted stock units to executive vice president Laura Davis, with no reported open-market buys, sells, gifts, tax withholding events, or restructuring transactions in this filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/06/2026 - 05:31 PM EDT Learn about SEC filing dates

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^*

Davis Laura

(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)
	EVP;Pres DSW Designer ShoeWhse

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

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
Restricted Stock Unit	(1)	04/02/2026		A		126,690		04/02/2029	04/02/2029	Class A Common Shares	126,690	$0.0000	126,690	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A common stock.

	Katherine Alfano, Attorney-in-Fact	04/06/2026
	** 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)