Designer Brands officer granted 5,119 dividend rights
Ferree Deborah L reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Ferree Deborah L reported acquisition or exercise transactions in this Form 4 filing.
Designer Brands Inc. director and officer Deborah L. Ferree received an award of 5,119 Dividend Equivalent Rights tied to previously granted restricted stock units. Each right is economically equal to one Class A common share. Following this grant, she holds 41,028 derivative rights directly as part of her compensation.
Insider Trade Summary
Grant/Award: 5,119 shares
Grant/Award
1 txn
Insider
Ferree Deborah L
Role
V. Chair; Ch Product Off
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 5,119 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Rights — 41,028 contracts (Direct)
Footnotes (1)
- F1. The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs) and become exercisable proportionately with the RSUs to which they relate. Each dividend equivalent right is the economic equivalent of one share of Issuer's Class A common stock.
Key Figures
Dividend Equivalent Rights granted: 5,119 rights
Total rights after transaction: 41,028 rights
Price per right: $0.00
+1 more
4 metrics
Dividend Equivalent Rights granted
5,119 rights
Award on underlying restricted stock units as of 2026-04-10
Total rights after transaction
41,028 rights
Total Dividend Equivalent Rights held directly after grant
Price per right
$0.00
Grant price for Dividend Equivalent Rights
Underlying security
Class A common shares
Each right equals one Class A common share economically
Key Terms
Dividend Equivalent Rights, restricted stock units, Class A common stock
3 terms
Dividend Equivalent Rights financial
"The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs)"
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.
restricted stock units financial
"dividend equivalent rights accrued on previously awarded restricted stock units (RSUs)"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A common stock financial
"Each dividend equivalent right is the economic equivalent of one share of 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did DBI director Deborah Ferree report in this Form 4 filing?
Deborah L. Ferree reported receiving 5,119 Dividend Equivalent Rights linked to existing restricted stock units. These rights are part of her equity compensation and increase her total derivative holdings to 41,028 rights, all directly tied to Designer Brands Class A common shares.
What are Dividend Equivalent Rights in the DBI Form 4 filing?
Dividend Equivalent Rights give the holder economic value equal to dividends on one common share. For DBI, each of the 5,119 rights awarded to Deborah Ferree equals one Class A common share and accrues on previously granted restricted stock units as those units vest over time.
How many Dividend Equivalent Rights does Deborah Ferree hold after this DBI transaction?
After the reported grant, Deborah Ferree holds a total of 41,028 Dividend Equivalent Rights. This figure reflects her derivative equity position following the 5,119 rights awarded, all associated with Designer Brands’ Class A common shares under prior restricted stock unit grants.
Is the DBI Form 4 transaction a purchase or a compensation award?
The DBI Form 4 shows a compensation-related award, not a market purchase. The transaction code “A” and description confirm it is a grant or award of 5,119 Dividend Equivalent Rights accruing on previously granted restricted stock units, with no cash price per right reported.
How are the DBI Dividend Equivalent Rights expected to vest or become exercisable?
The Dividend Equivalent Rights become exercisable proportionately with the underlying restricted stock units. As each RSU tranche vests, the corresponding Dividend Equivalent Rights tied to that tranche also become exercisable, providing economic value equivalent to Designer Brands’ Class A common stock dividends.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates