STOCK TITAN

[Form 4] Designer Brands Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Designer Brands Inc. (DBI) – Form 4 insider filing

Director Joanna T. Lau reported two related transactions dated 18 June 2025 involving the company’s stock units, a form of deferred equity compensation that converts 1-for-1 into Class A common shares when the director leaves the Board.

  • 72,368 stock units were acquired (Code “A”) at a stated price of $0.00.
  • An additional 1,164 stock units reflect dividend-equivalent rights that accrued on prior awards.

Following these grants, Lau’s total beneficial interest in derivative securities rose to 126,586 stock units. The units vest immediately on the grant date, but the underlying shares will not be delivered until the director’s service terminates. No open-market purchases or sales of common stock were reported, and there were no changes in non-derivative share ownership disclosed.

The filing indicates routine board compensation rather than discretionary buying; however, it modestly increases insider alignment by expanding the director’s economic stake in DBI.

Designer Brands Inc. (DBI) – Comunicazione interna Modulo 4

La direttrice Joanna T. Lau ha segnalato due operazioni correlate datate 18 giugno 2025 riguardanti le stock unit della società, una forma di compenso azionario differito che si converte 1 a 1 in azioni ordinarie di Classe A al termine del mandato nel Consiglio di Amministrazione.

  • Sono state acquisite 72.368 stock unit (Codice “A”) ad un prezzo nominale di $0,00.
  • Ulteriori 1.164 stock unit rappresentano diritti equivalenti ai dividendi maturati su precedenti premi.

Dopo queste assegnazioni, l’interesse economico totale di Lau in strumenti derivati è salito a 126.586 stock unit. Le unità maturano immediatamente alla data di assegnazione, ma le azioni sottostanti saranno consegnate solo al termine del servizio della direttrice. Non sono state segnalate operazioni di acquisto o vendita sul mercato aperto di azioni ordinarie, né variazioni nella proprietà diretta di azioni non derivate.

La comunicazione riflette una normale compensazione da consiglio piuttosto che acquisti discrezionali; tuttavia, aumenta leggermente l’allineamento degli insider ampliando la partecipazione economica della direttrice in DBI.

Designer Brands Inc. (DBI) – Presentación interna Formulario 4

La directora Joanna T. Lau reportó dos transacciones relacionadas fechadas el 18 de junio de 2025 que involucran las unidades accionarias de la compañía, una forma de compensación accionaria diferida que se convierte 1 a 1 en acciones comunes Clase A cuando la directora deja la Junta.

  • 72,368 unidades accionarias fueron adquiridas (Código “A”) a un precio declarado de $0.00.
  • Un adicional de 1,164 unidades accionarias reflejan derechos equivalentes a dividendos acumulados sobre premios previos.

Tras estas asignaciones, el interés económico total de Lau en valores derivados aumentó a 126,586 unidades accionarias. Las unidades se consolidan inmediatamente en la fecha de adjudicación, pero las acciones subyacentes no se entregarán hasta que finalice el servicio de la directora. No se reportaron compras o ventas en el mercado abierto de acciones comunes, ni cambios en la propiedad de acciones no derivadas.

La presentación indica una compensación rutinaria del consejo más que compras discrecionales; sin embargo, incrementa modestamente la alineación de los insiders al ampliar la participación económica de la directora en DBI.

Designer Brands Inc. (DBI) – 내부자 신고서 Form 4

이사 Joanna T. Lau2025년 6월 18일자로 회사의 주식 단위(stock units)와 관련된 두 건의 거래를 보고했습니다. 주식 단위는 이사회에서 물러날 때 1대1로 클래스 A 보통주로 전환되는 이연 주식 보상 형태입니다.

  • 72,368 주식 단위취득(Code “A”)되었으며, 명시된 가격은 $0.00입니다.
  • 추가로 1,164 주식 단위는 이전 보상에 누적된 배당금 상당 권리를 반영합니다.

이 보조금 이후 Lau의 파생 증권에 대한 총 실질 이익은 126,586 주식 단위로 증가했습니다. 단위는 부여일에 즉시 확정되지만, 근본 주식은 이사의 임기가 종료될 때까지 인도되지 않습니다. 공개 시장에서의 보통주 매매는 보고되지 않았고, 비파생 주식 소유권 변화도 없었습니다.

이 신고는 임원 보상으로서의 일상적인 이사회 보수를 나타내며, 임의 매수보다는 내부자 이해관계의 미미한 증가를 통해 이사의 DBI 경제적 지분을 확대합니다.

Designer Brands Inc. (DBI) – Déclaration d’initié Formulaire 4

La directrice Joanna T. Lau a déclaré deux opérations liées datées du 18 juin 2025 concernant les unités d’actions de la société, une forme de rémunération différée en actions qui se convertit à raison de 1 pour 1 en actions ordinaires de classe A lorsque la directrice quitte le conseil d’administration.

  • 72 368 unités d’actions ont été acquises (Code “A”) à un prix déclaré de 0,00 $.
  • Un supplément de 1 164 unités d’actions correspond à des droits équivalents aux dividendes accumulés sur des attributions antérieures.

Suite à ces attributions, l’intérêt économique total de Mme Lau dans les titres dérivés a augmenté à 126 586 unités d’actions. Les unités deviennent immédiatement acquises à la date d’attribution, mais les actions sous-jacentes ne seront délivrées qu’à la fin du mandat de la directrice. Aucun achat ou vente d’actions ordinaires sur le marché ouvert n’a été signalé, et aucune modification de la détention d’actions non dérivées n’a été divulguée.

La déclaration reflète une rémunération de conseil d’administration de routine plutôt que des achats discrétionnaires ; cependant, elle augmente modestement l’alignement des initiés en élargissant la participation économique de la directrice dans DBI.

Designer Brands Inc. (DBI) – Insider-Meldung Formular 4

Die Direktorin Joanna T. Lau meldete zwei zusammenhängende Transaktionen vom 18. Juni 2025, die Aktieneinheiten des Unternehmens betreffen, eine Form der aufgeschobenen Aktienvergütung, die beim Ausscheiden aus dem Vorstand 1:1 in Stammaktien der Klasse A umgewandelt wird.

  • 72.368 Aktieneinheiten wurden erworben (Code „A“) zu einem angegebenen Preis von $0,00.
  • Zusätzlich spiegeln 1.164 Aktieneinheiten Dividendenäquivalente Rechte wider, die auf vorherigen Zuteilungen angesammelt wurden.

Nach diesen Zuteilungen stieg Laus gesamtes wirtschaftliches Interesse an derivativen Wertpapieren auf 126.586 Aktieneinheiten. Die Einheiten werden am Zuteilungsdatum sofort unverfallbar, aber die zugrunde liegenden Aktien werden erst bei Beendigung der Vorstandstätigkeit geliefert. Keine Käufe oder Verkäufe von Stammaktien am offenen Markt wurden gemeldet, und es gab keine Änderungen im Besitz nicht-derivativer Aktien.

Die Meldung weist auf eine routinemäßige Vergütung des Vorstands hin und nicht auf diskretionäre Käufe; dennoch erhöht sie leicht die Interessenangleichung der Insider durch die Erweiterung des wirtschaftlichen Anteils der Direktorin an DBI.

Positive
  • Increased insider alignment: Director Joanna T. Lau’s beneficial ownership rises to 126,586 stock units, strengthening long-term incentive linkage.
Negative
  • No cash purchase or open-market buying: the award is a routine compensation grant at $0, offering limited insight into management’s valuation view.

Insights

TL;DR: Routine director stock-unit grant; no cash outlay, minimal immediate market impact.

The Form 4 shows standard equity compensation for an outside director. The large headline amount—72,368 units—reflects the company’s practice of paying retainers in stock units that settle only when service ends, thereby encouraging long-term alignment. Because the award is priced at $0.00 and involves no open-market activity, it does not signal fresh capital commitment or a view on valuation. The additional 1,164 units stem from dividend equivalents, a mechanical adjustment following a special dividend previously declared by DBI. Total derivative holdings now stand at 126,586 units, but actual tradable float remains unchanged. Investors should regard the disclosure as governance-related housekeeping with neutral valuation implications.

Designer Brands Inc. (DBI) – Comunicazione interna Modulo 4

La direttrice Joanna T. Lau ha segnalato due operazioni correlate datate 18 giugno 2025 riguardanti le stock unit della società, una forma di compenso azionario differito che si converte 1 a 1 in azioni ordinarie di Classe A al termine del mandato nel Consiglio di Amministrazione.

  • Sono state acquisite 72.368 stock unit (Codice “A”) ad un prezzo nominale di $0,00.
  • Ulteriori 1.164 stock unit rappresentano diritti equivalenti ai dividendi maturati su precedenti premi.

Dopo queste assegnazioni, l’interesse economico totale di Lau in strumenti derivati è salito a 126.586 stock unit. Le unità maturano immediatamente alla data di assegnazione, ma le azioni sottostanti saranno consegnate solo al termine del servizio della direttrice. Non sono state segnalate operazioni di acquisto o vendita sul mercato aperto di azioni ordinarie, né variazioni nella proprietà diretta di azioni non derivate.

La comunicazione riflette una normale compensazione da consiglio piuttosto che acquisti discrezionali; tuttavia, aumenta leggermente l’allineamento degli insider ampliando la partecipazione economica della direttrice in DBI.

Designer Brands Inc. (DBI) – Presentación interna Formulario 4

La directora Joanna T. Lau reportó dos transacciones relacionadas fechadas el 18 de junio de 2025 que involucran las unidades accionarias de la compañía, una forma de compensación accionaria diferida que se convierte 1 a 1 en acciones comunes Clase A cuando la directora deja la Junta.

  • 72,368 unidades accionarias fueron adquiridas (Código “A”) a un precio declarado de $0.00.
  • Un adicional de 1,164 unidades accionarias reflejan derechos equivalentes a dividendos acumulados sobre premios previos.

Tras estas asignaciones, el interés económico total de Lau en valores derivados aumentó a 126,586 unidades accionarias. Las unidades se consolidan inmediatamente en la fecha de adjudicación, pero las acciones subyacentes no se entregarán hasta que finalice el servicio de la directora. No se reportaron compras o ventas en el mercado abierto de acciones comunes, ni cambios en la propiedad de acciones no derivadas.

La presentación indica una compensación rutinaria del consejo más que compras discrecionales; sin embargo, incrementa modestamente la alineación de los insiders al ampliar la participación económica de la directora en DBI.

Designer Brands Inc. (DBI) – 내부자 신고서 Form 4

이사 Joanna T. Lau2025년 6월 18일자로 회사의 주식 단위(stock units)와 관련된 두 건의 거래를 보고했습니다. 주식 단위는 이사회에서 물러날 때 1대1로 클래스 A 보통주로 전환되는 이연 주식 보상 형태입니다.

  • 72,368 주식 단위취득(Code “A”)되었으며, 명시된 가격은 $0.00입니다.
  • 추가로 1,164 주식 단위는 이전 보상에 누적된 배당금 상당 권리를 반영합니다.

이 보조금 이후 Lau의 파생 증권에 대한 총 실질 이익은 126,586 주식 단위로 증가했습니다. 단위는 부여일에 즉시 확정되지만, 근본 주식은 이사의 임기가 종료될 때까지 인도되지 않습니다. 공개 시장에서의 보통주 매매는 보고되지 않았고, 비파생 주식 소유권 변화도 없었습니다.

이 신고는 임원 보상으로서의 일상적인 이사회 보수를 나타내며, 임의 매수보다는 내부자 이해관계의 미미한 증가를 통해 이사의 DBI 경제적 지분을 확대합니다.

Designer Brands Inc. (DBI) – Déclaration d’initié Formulaire 4

La directrice Joanna T. Lau a déclaré deux opérations liées datées du 18 juin 2025 concernant les unités d’actions de la société, une forme de rémunération différée en actions qui se convertit à raison de 1 pour 1 en actions ordinaires de classe A lorsque la directrice quitte le conseil d’administration.

  • 72 368 unités d’actions ont été acquises (Code “A”) à un prix déclaré de 0,00 $.
  • Un supplément de 1 164 unités d’actions correspond à des droits équivalents aux dividendes accumulés sur des attributions antérieures.

Suite à ces attributions, l’intérêt économique total de Mme Lau dans les titres dérivés a augmenté à 126 586 unités d’actions. Les unités deviennent immédiatement acquises à la date d’attribution, mais les actions sous-jacentes ne seront délivrées qu’à la fin du mandat de la directrice. Aucun achat ou vente d’actions ordinaires sur le marché ouvert n’a été signalé, et aucune modification de la détention d’actions non dérivées n’a été divulguée.

La déclaration reflète une rémunération de conseil d’administration de routine plutôt que des achats discrétionnaires ; cependant, elle augmente modestement l’alignement des initiés en élargissant la participation économique de la directrice dans DBI.

Designer Brands Inc. (DBI) – Insider-Meldung Formular 4

Die Direktorin Joanna T. Lau meldete zwei zusammenhängende Transaktionen vom 18. Juni 2025, die Aktieneinheiten des Unternehmens betreffen, eine Form der aufgeschobenen Aktienvergütung, die beim Ausscheiden aus dem Vorstand 1:1 in Stammaktien der Klasse A umgewandelt wird.

  • 72.368 Aktieneinheiten wurden erworben (Code „A“) zu einem angegebenen Preis von $0,00.
  • Zusätzlich spiegeln 1.164 Aktieneinheiten Dividendenäquivalente Rechte wider, die auf vorherigen Zuteilungen angesammelt wurden.

Nach diesen Zuteilungen stieg Laus gesamtes wirtschaftliches Interesse an derivativen Wertpapieren auf 126.586 Aktieneinheiten. Die Einheiten werden am Zuteilungsdatum sofort unverfallbar, aber die zugrunde liegenden Aktien werden erst bei Beendigung der Vorstandstätigkeit geliefert. Keine Käufe oder Verkäufe von Stammaktien am offenen Markt wurden gemeldet, und es gab keine Änderungen im Besitz nicht-derivativer Aktien.

Die Meldung weist auf eine routinemäßige Vergütung des Vorstands hin und nicht auf diskretionäre Käufe; dennoch erhöht sie leicht die Interessenangleichung der Insider durch die Erweiterung des wirtschaftlichen Anteils der Direktorin an DBI.

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*
LAU JOANNA T

(Last) (First) (Middle)
810 DSW DRIVE

(Street)
COLUMBUS OH 43219

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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) 06/18/2025 A 72,368 (2) (2) Class A Common Shares 72,368 $0.0000 125,422(3) D
Stock Unit (1) 06/18/2025 A 1,164(4) (2) (2) Class A Common Shares 1,164 $0.0000 126,586(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 stock units acquired pursuant to a special dividend and accrued dividend equivalent rights.
4. Shares represent dividend equivalent rights accrued on previously awarded stock units.
Katherine Alfano, Attorney-in-Fact 06/23/2025
** 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.

FAQ

How many DBI stock units did Joanna T. Lau acquire on 18 June 2025?

She acquired 72,368 stock units plus 1,164 dividend-equivalent units, totaling 73,532 new units.

What is Lau’s total beneficial ownership in Designer Brands after the transaction?

Following the grant, she beneficially owns 126,586 stock units.

Do the granted stock units vest immediately?

Yes. The units vest on the grant date but convert to Class A shares only when the director leaves the Board.

Was there any open-market purchase of DBI common shares reported?

No. The Form 4 lists only compensatory stock-unit grants; no purchases or sales of common shares occurred.

What transaction code appears on the Form 4 for these grants?

Transaction code “A” indicates an acquisition of securities, in this case through compensation.
Designer Brands Inc

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