Designer Brands director sells 24,000 shares
Designer Brands Inc. (DBI) director Harvey L. Sonnenberg reported selling 24,000 Class A common shares on September 17, 2026 in a sale described as occurring in the open market or a private transaction at a price of $6.15 per share.
Rhea-AI Filing Summary
Designer Brands Inc. (DBI) director Harvey L. Sonnenberg reported selling 24,000 Class A common shares on September 17, 2026 in a sale described as occurring in the open market or a private transaction at a price of $6.15 per share. Following this transaction, he directly holds 28,314 Class A common shares, and no Rule 10b5-1 trading plan is reported for this sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 24,000 shares
Net Sell
1 txn
Insider
SONNENBERG HARVEY L
Role
Director
Sold
24,000 shs ($148K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Shares | 24,000 | $6.15 | $148K |
Holdings After Transaction:
Class A Common Shares — 28,314 shares (Direct)
Key Figures
Shares sold: 24,000 shares
Sale price per share: $6.15 per share
Shares held after transaction: 28,314 shares
3 metrics
Shares sold
24,000 shares
Class A common shares sold by director on September 17, 2026
Sale price per share
$6.15 per share
Price for the 24,000 Class A common shares sold
Shares held after transaction
28,314 shares
Director’s direct holdings after the September 17, 2026 sale
Key Terms
Rule 10b5-1 trading plan, open market, private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"no Rule 10b5-1 trading plan is reported for this sale"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open market market
"a sale described as occurring in the open market or a private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
private transaction market
"a sale described as occurring in the open market or a private transaction"
A private transaction is the sale or transfer of securities, assets, or ownership stakes carried out directly between a small number of parties rather than on a public exchange. For investors it matters because these deals are less visible and often less liquid than public trades, so pricing can be harder to verify, the investment can be harder to sell quickly, and buyers or sellers may gain strategic advantages not available in open markets — like negotiated terms similar to a private garage sale versus a crowded marketplace.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did DBI director Harvey L. Sonnenberg report?
Harvey L. Sonnenberg reported selling 24,000 Class A common shares of Designer Brands Inc. on September 17, 2026 in a transaction described as an open-market or private sale at $6.15 per share.
What type of security did Harvey L. Sonnenberg trade in this DBI Form 4?
Harvey L. Sonnenberg traded Class A common shares of Designer Brands Inc. in the reported transaction on September 17, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
