Designer Brands (DBI) director granted 26,527 stock units as board compensation

Rhea-AI Filing Summary

Designer Brands Inc. director Elaine J. Eisenman received an award of 26,527 stock units on June 17, 2026. Each stock unit represents the right to receive one Class A common share and vests on the grant date, converting into shares when she leaves the Board. Following this grant, she holds 283,286 stock units, including accrued dividend equivalent rights.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider EISENMAN ELAINE J

Role null

Type	Security	Shares	Price	Value
Grant/Award	Stock Unit	26,527	$0.00	--

Holdings After Transaction: Stock Unit — 283,286 shares (Direct, null)

Footnotes (1)

1. Each stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. 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. Total includes accrued dividend equivalent rights.

Key Figures

Stock units granted: 26,527 units Grant price: $0.00 per unit Underlying shares: 26,527 shares +2 more

5 metrics

Stock units granted 26,527 units Stock unit award to director on June 17, 2026

Grant price $0.00 per unit Compensation-related stock unit grant

Underlying shares 26,527 shares Each unit equals one Class A common share

Total stock units after grant 283,286 units Director’s holdings following transaction, including dividend equivalents

Conversion ratio 1 unit : 1 share Each stock unit represents one Class A common share

Key Terms

Stock Unit, Class A common stock, dividend equivalent rights, Board of Directors

4 terms

Stock Unit financial

"Each stock unit represents a contingent right to receive one share of the Issuer's Class A common stock."

Class A common stock financial

"Each stock unit represents a contingent right to receive one share of the Issuer's Class A common stock."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

dividend equivalent rights financial

"Total includes accrued dividend equivalent rights."

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

Board of Directors financial

"converted to an equal number of shares ... upon Insider's termination of service from the Board of Directors."

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

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Form 4 Insider Transactions: What Each Field Means →

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^*

EISENMAN ELAINE J

(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)
06/17/2026

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)
			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
Stock Unit	(1)	06/17/2026		A		26,527		(2)	(2)	Class A Common Shares	26,527	$0.0000	283,286(3)	D

Explanation of Responses:

1. Each stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.

2. 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.

3. Total includes accrued dividend equivalent rights.

	Katherine Alfano, Attorney-in-Fact	06/22/2026
	** 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)

FAQ

What did Designer Brands (DBI) director Elaine Eisenman report on this Form 4?

Elaine J. Eisenman reported receiving 26,527 stock units as a compensation grant. These units vest immediately and convert into Class A common shares when her service on the Designer Brands Board of Directors ends, increasing her total stock unit holdings to 283,286.

How many stock units did Elaine Eisenman receive from Designer Brands (DBI)?

Elaine Eisenman received 26,527 stock units in this transaction. Each unit equals one Class A common share upon settlement, and the grant is recorded at a price of $0.00 per unit as it is a compensation award, not an open-market purchase.

When do Elaine Eisenman’s Designer Brands (DBI) stock units convert into shares?

The stock units convert into an equal number of Class A common shares when Elaine Eisenman’s service on the Board of Directors ends. The units vest on the grant date but only settle in shares upon her termination of Board service, according to the filing footnotes.

What is Elaine Eisenman’s total Designer Brands (DBI) stock unit holding after this grant?

After this grant, Elaine Eisenman holds 283,286 stock units. This total includes the newly granted 26,527 units as well as accrued dividend equivalent rights, all representing contingent rights to receive Class A common shares of Designer Brands Inc.

Does Elaine Eisenman pay for the Designer Brands (DBI) stock units granted?

No, the stock units are granted at a stated price of $0.00 per unit. They are a compensation-related award from Designer Brands, not a purchase on the open market, and represent a contingent right to receive Class A common shares in the future.