Designer Brands CEO receives 12,145 dividend rights
Designer Brands Inc. CEO and director Douglas M. Howe reported an acquisition of derivative securities in the form of 12,145 Dividend Equivalent Rights on Class A Common Shares.
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Form Type
4
Rhea-AI Filing Summary
Designer Brands Inc. CEO and director Douglas M. Howe reported an acquisition of derivative securities in the form of 12,145 Dividend Equivalent Rights on Class A Common Shares. These rights accrued on previously awarded restricted stock units and each right is the economic equivalent of one Class A common share. Following this grant-related accrual, Howe holds 94,377 Dividend Equivalent Rights directly.
Insider Trade Summary
Grant/Award: 12,145 shares
Grant/Award
1 txn
Insider
HOWE DOUGLAS M.
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 12,145 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Rights — 94,377 contracts (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.
Key Figures
Dividend Equivalent Rights acquired: 12,145 rights
Total Dividend Equivalent Rights after transaction: 94,377 rights
Price per right: $0.00
+1 more
4 metrics
Dividend Equivalent Rights acquired
12,145 rights
Grant/award acquisition on April 10, 2026
Total Dividend Equivalent Rights after transaction
94,377 rights
Direct holdings following the reported acquisition
Price per right
$0.00
Grant of Dividend Equivalent Rights, no cash price
Underlying Class A common shares
12,145 shares equivalent
Each Dividend Equivalent Right equals one Class A common share
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Designer Brands Inc. (DBI) disclose for Douglas M. Howe?
Designer Brands Inc. disclosed that CEO and director Douglas M. Howe acquired 12,145 Dividend Equivalent Rights tied to previously awarded restricted stock units. These rights relate to Class A common shares and increase his directly held Dividend Equivalent Rights position to 94,377.
What are Dividend Equivalent Rights reported in the DBI Form 4 filing?
The Dividend Equivalent Rights accrue on previously awarded restricted stock units and become exercisable proportionately with those units. Each right is the economic equivalent of one share of Designer Brands Inc.'s Class A common stock, effectively mirroring the value of a single common share.
How many Dividend Equivalent Rights did the DBI CEO acquire in this Form 4?
Douglas M. Howe acquired 12,145 Dividend Equivalent Rights in this reported transaction. These derivative rights are linked to existing restricted stock units and represent the economic equivalent of 12,145 Class A common shares of Designer Brands Inc. based on the filing’s description.
What is Douglas M. Howe’s total Dividend Equivalent Rights position after the DBI transaction?
After the reported grant-related acquisition, Douglas M. Howe holds a total of 94,377 Dividend Equivalent Rights. This figure reflects direct ownership of derivative rights that track the value of Designer Brands Inc.'s Class A common stock on a one-for-one economic basis.
Does the DBI Form 4 show a market buy or sell by the CEO?
The DBI Form 4 shows a grant or award acquisition coded as “A,” not an open-market buy or sell. It reflects 12,145 Dividend Equivalent Rights accruing on previously awarded restricted stock units rather than a discretionary purchase or sale in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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