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Director at Designer Brands (NYSE: DBI) granted 1,918 stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Designer Brands Inc. director Elaine J. Eisenman received an award of 1,918 stock units on April 10, 2026. Each unit is a contingent right to one Class A common share and vests immediately, but will convert into shares only when she leaves the Board. Following this grant, she holds 256,759 stock units, including accrued dividend equivalent rights.

Positive

  • None.

Negative

  • None.
Insider EISENMAN ELAINE J
Role Director
Type Security Shares Price Value
Grant/Award Stock Unit 1,918 $0.00 --
Holdings After Transaction: Stock Unit — 256,759 shares (Direct)
Footnotes (1)
  1. Each stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. Shares represent dividend equivalent rights accrued on previously awarded stock units. The stock unit becomes vested upon the date of grant and will be converted to an equal number of shares of Issuer's Class A common stock upon Insider's termination of service from the Board of Directors. Total includes accrued dividend equivalent rights.
Stock units granted 1,918 stock units Award to director Elaine J. Eisenman on April 10, 2026
Total stock units after grant 256,759 stock units Direct holdings following the reported transaction
Transaction price per unit $0.0000 per unit Indicates a compensation grant, not a market purchase
Underlying shares per unit 1 share per unit Each stock unit equals one Class A common share when converted
Stock Unit financial
"Each stock unit represents a contingent right to receive one share of the Issuer's Class A common stock."
dividend equivalent rights financial
"Shares represent dividend equivalent rights accrued on previously awarded stock units."
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.
contingent right financial
"Each stock unit represents a contingent right to receive one share of the Issuer's Class A common stock."
Class A common stock financial
"one share of the 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.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
EISENMAN ELAINE J
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Unit(1)04/10/2026A1,918(2) (3) (3)Class A Common Shares1,918$0.0000256,759(4)D
Explanation of Responses:
1. Each stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
2. Shares represent dividend equivalent rights accrued on previously awarded stock units.
3. The stock unit becomes vested upon the date of grant and will be converted to an equal number of shares of Issuer's Class A common stock upon Insider's termination of service from the Board of Directors.
4. Total includes accrued dividend equivalent rights.
Katherine Alfano, Attorney-in-Fact04/14/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Designer Brands (DBI) disclose about Elaine Eisenman in this Form 4?

Designer Brands reported that director Elaine J. Eisenman received 1,918 stock units as a grant. These units are part of her equity compensation and increase her total stock unit holdings to 256,759, including amounts tied to dividend equivalent rights on prior awards.

Are Elaine Eisenman’s new DBI stock units an open-market purchase or sale?

The 1,918 stock units reported for Elaine Eisenman are a grant, not an open-market trade. They were awarded as compensation and carry no purchase price, so they do not represent her buying or selling DBI shares in the market.

When do Elaine Eisenman’s new Designer Brands stock units convert into shares?

The stock units vest on the grant date but convert into Class A common shares only when Elaine Eisenman’s service on the Board ends. Until then, they remain as units representing a contingent right to receive an equivalent number of shares in the future.

What are dividend equivalent rights mentioned in the DBI Form 4 filing?

Dividend equivalent rights give Elaine Eisenman extra stock units matching dividends on earlier awards. When Designer Brands pays dividends, additional units accrue instead of cash, and these are included in her total 256,759 stock units reported after this latest grant.

How many Designer Brands stock units does Elaine Eisenman hold after this transaction?

After the 1,918-unit grant, Elaine Eisenman holds 256,759 stock units directly. This total includes both the newly granted units and additional stock units that arose from dividend equivalent rights tied to previously awarded stock unit grants over time.