Designer Brands (NYSE: DBI) director receives 2,972-share stock award
Filing Impact
Filing Sentiment
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 Trade Summary
3 transactions reported
Mixed
3 txns
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)
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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
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
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.
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.