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.

Designer Brands director granted 2,972 shares

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

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Form Type

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.

Insider Trade Summary

Grant/Award: 2,972 shares

Grant/Award 3 txns

Insider Schottenstein Joseph A.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Shares	2,972	$0.00	$0.00
holding	Class A Common Shares	--	--	--
holding	Class A Common Shares	--	--	--

Holdings After Transaction: Class A Common Shares — 291,614 shares (Direct); Class A Common Shares — 31,050 shares (Indirect, By Trusts); Class A Common Shares — 1,273,099 shares (Indirect, Schottenstein Realty LLC)

Footnotes (1)

F1. Mr. Schottenstein disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Key Figures

Shares granted: 2,972 shares Grant price per share: $0.00 per share Direct holdings after grant: 291,614 shares +3 more

6 metrics

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

Key Terms

Class A Common Shares, Grant, award, or other acquisition, indirect, pecuniary interest

4 terms

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"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/04/2026 - 06:44 PM EDT

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

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)

X	Director	10% 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)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Shares	05/01/2026		A		2,972	A	$0.0000	291,614	D
Class A Common Shares								31,050	I	By Trusts⁽¹⁾
Class A Common Shares								1,273,099	I	Schottenstein 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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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-Fact	05/04/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR