Designer Brands exec granted 126,690 RSUs

O'Donnell Andrea reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

O'Donnell Andrea reported acquisition or exercise transactions in this Form 4 filing.

Designer Brands Inc. executive Andrea O'Donnell, EVP, COO & Brands President, received a compensation-related grant of 126,690 Restricted Stock Units on April 2, 2026. Each unit represents a contingent right to receive one Class A common share, leaving her with 126,690 RSUs outstanding after this award.

Insider Trade Summary

Grant/Award: 126,690 shares

Grant/Award 1 txn

Insider O'Donnell Andrea

Role EVP, COO & Brands President

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	126,690	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 126,690 contracts (Direct)

Footnotes (1)

1. F1. Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A common stock.

Key Figures

RSUs granted: 126,690 units RSUs held after grant: 126,690 units Exercise date: April 2, 2029 +3 more

6 metrics

RSUs granted 126,690 units Restricted Stock Unit grant on April 2, 2026

RSUs held after grant 126,690 units Total Restricted Stock Units following transaction

Exercise date April 2, 2029 Scheduled exercise date for RSU grant

Expiration date April 2, 2029 Expiration date for RSU grant

Underlying shares 126,690 shares Class A Common Shares underlying the RSUs

Grant price $0.00 per unit Non-cash equity award with zero exercise price

Key Terms

Restricted Stock Unit, Class A Common Shares, Grant, award, or other acquisition

3 terms

Restricted Stock Unit financial

"Each restricted stock unit represents a contingent right to receive one share"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

Class A Common Shares financial

"underlying_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"

FAQ

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

What insider transaction did Designer Brands (DBI) report for Andrea O'Donnell?

Designer Brands reported that executive Andrea O'Donnell received a grant of 126,690 Restricted Stock Units on April 2, 2026. These units are part of her equity compensation and are not an open-market stock purchase or sale.

What does the 126,690 Restricted Stock Unit grant at Designer Brands (DBI) represent?

The 126,690 Restricted Stock Units represent a contingent right to receive the same number of Class A common shares. The units typically vest over time or upon meeting conditions, aligning the executive’s compensation with the company’s share performance.

Did Andrea O'Donnell buy or sell Designer Brands (DBI) shares in this Form 4?

No open-market buy or sell occurred. Andrea O'Donnell acquired 126,690 Restricted Stock Units as a grant, award, or other acquisition, a standard form of non-cash equity compensation rather than a discretionary stock trade.

How many Designer Brands (DBI) Restricted Stock Units does Andrea O'Donnell hold after this grant?

Following the reported transaction, Andrea O'Donnell holds 126,690 Restricted Stock Units. This figure reflects her total RSU position after the April 2, 2026 grant as shown in the filing’s post-transaction holdings field.

What underlying security is linked to the RSUs granted to Andrea O'Donnell at Designer Brands (DBI)?

Each Restricted Stock Unit granted to Andrea O'Donnell is linked to Class A Common Shares of Designer Brands. Upon settlement, each RSU entitles her to receive one Class A common share, subject to applicable vesting or other conditions.

When are Andrea O'Donnell’s Designer Brands (DBI) RSUs scheduled in relation to 2029 dates?

The filing shows an exercise date and an expiration date of April 2, 2029 for the 126,690 Restricted Stock Units. These dates outline the future timeframe associated with the grant’s settlement and term.

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

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Accepted by SEC EDGAR 04/06/2026 - 05:31 PM EDT Learn about SEC filing dates

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^*

O'Donnell Andrea

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, COO & Brands President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

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
Restricted Stock Unit	(1)	04/02/2026		A		126,690		04/02/2029	04/02/2029	Class A Common Shares	126,690	$0.0000	126,690	D

Explanation of Responses:

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

	Katherine Alfano, Attorney-in-Fact	04/06/2026
	** 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)