Designer Brands director granted 505 stock units
Designer Brands Inc. director Harvey L. Sonnenberg received an award of 505 stock units on April 10, 2026.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Designer Brands Inc. director Harvey L. Sonnenberg received an award of 505 stock units on April 10, 2026. Each stock unit represents a contingent right to receive one Class A common share, and this grant relates to dividend equivalent rights on previously awarded stock units.
The stock units vest on the grant date and will be converted into an equal number of Class A common shares when Sonnenberg’s service on the Board of Directors ends. After this grant, he holds a total of 67,597 stock units, including accrued dividend equivalent rights.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Unit | 505 | $0.00 | $0.00 |
Footnotes (4)
- F1. Each stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
- F2. Shares represent dividend equivalent rights accrued on previously awarded stock units.
- F3. 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.
- F4. Total includes accrued dividend equivalent rights.
Key Figures
Key Terms
Stock Unit financial
dividend equivalent rights financial
Class A common stock financial
termination of service financial
AI-generated analysis. How Rhea-AI works. Not financial advice.