Designer Brands (DBI) EVP Mary Turner receives new restricted stock unit awards

Rhea-AI Filing Summary

Turner Mary reported acquisition or exercise transactions in this Form 4 filing.

Designer Brands Inc. executive Mary Turner received equity awards in the form of restricted stock units (RSUs) as compensation. On March 11, 2026, she was granted 3,753 RSUs tied to Class A common shares that are scheduled around March 28, 2027, and a separate grant of 9,382 RSUs scheduled around March 28, 2028. Each RSU represents the right to receive one Class A common share, increasing her future equity-based stake without any open-market buying or selling.

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

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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^*

Turner Mary

(Last) (First) (Middle)

810 DSW DRIVE

(Street)

COLUMBUS OH 43219

(City) (State) (Zip)

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 DesignerBrands Canada

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)	03/11/2026		A		3,753		03/28/2027	03/28/2027	Class A Common Shares	3,753	$0.0000	17,476	D
Restricted Stock Unit	(1)	03/11/2026		A		9,382		03/28/2028	03/28/2028	Class A Common Shares	9,382	$0.0000	9,382	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	03/13/2026
	** 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.

FAQ

What insider transaction did Designer Brands (DBI) report for Mary Turner?

Designer Brands reported that executive Mary Turner received two grants of restricted stock units (RSUs) on March 11, 2026. These awards are equity-based compensation, not open‑market share purchases or sales, and will convert into Class A common shares at future dates if vesting conditions are met.

How many restricted stock units did Mary Turner receive in this DBI Form 4?

Mary Turner received 3,753 restricted stock units and a separate grant of 9,382 restricted stock units. Each RSU represents a contingent right to receive one Class A common share of Designer Brands, increasing her potential future ownership if the awards vest as scheduled.

Are Mary Turner’s transactions in DBI shares open-market buys or sells?

The reported transactions are not open‑market buys or sells. They are coded as awards (transaction code A), meaning Mary Turner received restricted stock units as compensation, with no cash paid by her and no immediate sale of Designer Brands Class A common shares.

What do the vesting or key dates mean for Mary Turner’s RSUs at Designer Brands?

The RSU records list dates around March 28, 2027 and March 28, 2028, which mark important points for those awards. These dates typically relate to when the RSUs may vest or settle into Class A common shares, subject to the company’s compensation plan and any conditions.

How does this Form 4 affect Mary Turner’s future ownership in Designer Brands (DBI)?

If the RSUs vest, Mary Turner will receive one Class A common share for each unit. That means up to 3,753 shares from one grant and 9,382 shares from another, increasing her equity exposure and further aligning her compensation with Designer Brands’ long‑term share performance.