STOCK TITAN

Designer Brands (NYSE: DBI) director receives 2,972-share stock award

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

Rhea-AI Filing Summary

Schottenstein Joseph A. reported acquisition or exercise transactions in this Form 4 filing.

Designer Brands Inc. director Joseph A. Schottenstein received a grant of 2,972 Class A Common Shares on May 1, 2026 at a stated price of $0.00 per share, reflecting a compensation-related share award rather than an open-market purchase.

Following the grant, he holds 291,614 Class A Common Shares directly. He is also reported as having indirect interests in 1,273,099 shares through Schottenstein Realty LLC and 31,050 shares held by trusts, while disclaiming beneficial ownership except for his pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Schottenstein Joseph A.
Role null
Type Security Shares Price Value
Grant/Award Class A Common Shares 2,972 $0.00 --
holding Class A Common Shares -- -- --
holding Class A Common Shares -- -- --
Holdings After Transaction: Class A Common Shares — 291,614 shares (Direct, null); Class A Common Shares — 31,050 shares (Indirect, By Trusts)
Footnotes (1)
  1. [object Object]
Shares granted 2,972 shares Class A Common Shares grant on May 1, 2026
Grant price per share $0.00 per share Stated price for 2,972-share award
Direct holdings after grant 291,614 shares Class A Common Shares held directly after transaction
Indirect holdings via LLC 1,273,099 shares Class A Common Shares held through Schottenstein Realty LLC
Indirect holdings via trusts 31,050 shares Class A Common Shares held by trusts
Transaction date May 1, 2026 Date of non-derivative share grant
Class A Common Shares financial
"security_title: Class A Common Shares"
A Class A common share is a specific type of ordinary company share that represents an ownership stake and usually carries particular voting rights or payout priorities compared with other share classes. For investors it matters because those differences affect how much influence you have over company decisions, how dividends or liquidation proceeds might be distributed, and how easily the shares trade — like choosing between car models where one has extra features (more control) and another focuses on price or availability (liquidity).
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
indirect financial
"ownership_type: indirect; nature_of_ownership: Schottenstein Realty LLC"
pecuniary interest financial
"disclaims beneficial ownership except to the extent of his pecuniary interest"
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*
Schottenstein Joseph A.

(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)
05/01/2026
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
Class A Common Shares05/01/2026A2,972A$0.0000291,614D
Class A Common Shares31,050IBy Trusts(1)
Class A Common Shares1,273,099ISchottenstein Realty LLC(1)
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
Explanation of Responses:
1. Mr. Schottenstein disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
Katherine Alfano, Attorney-in-Fact05/04/2026
** 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)

FAQ

What insider transaction did DBI director Joseph A. Schottenstein report?

Joseph A. Schottenstein reported receiving a grant of 2,972 Class A Common Shares of Designer Brands Inc. This award was recorded at a price of $0.00 per share, indicating a compensation-related grant rather than an open-market purchase of the company’s stock.

How many Designer Brands (DBI) shares does Joseph A. Schottenstein now hold directly?

After the reported grant, Joseph A. Schottenstein directly holds 291,614 Class A Common Shares of Designer Brands Inc. This figure reflects his personal direct ownership position following the 2,972-share award dated May 1, 2026 in the Form 4 filing.

What indirect ownership in Designer Brands (DBI) is associated with Joseph A. Schottenstein?

The filing lists 1,273,099 Class A Common Shares held indirectly through Schottenstein Realty LLC and 31,050 shares held by trusts. Schottenstein disclaims beneficial ownership of these indirect holdings except to the extent of his pecuniary interest, as disclosed in the Form 4 footnote.

Was the DBI share transaction by Joseph A. Schottenstein a market purchase or grant?

The transaction was a share grant or award, not a market purchase. The Form 4 uses transaction code “A” for 2,972 Class A Common Shares at a price of $0.00 per share, which indicates a compensation-related acquisition rather than an open-market buy.

What is the transaction date for Joseph A. Schottenstein’s DBI share grant?

The reported grant of 2,972 Class A Common Shares to Joseph A. Schottenstein is dated May 1, 2026. This date appears as the transaction date for the non-derivative award in the Form 4, alongside updated direct and indirect ownership balances.