Designer Brands Inc.: 10% owner Stone House Capital sold 15,000 shares

What happened

• Stone House Capital Management, LLC, identified as a 10% owner, reported a sale of 15,000 shares at $0.14 per share on Oct 6, 2026, for total proceeds of $2,175. The transaction is recorded as a derivative disposition.

Key details

• Transaction date and price: Oct 6, 2026 — sold 15,000 shares at $0.14 per share for $2,175.
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes:
  • F1: Statement is jointly filed by Stone House Capital Management, LLC; SH Capital Partners, L.P. (the record owner); and Mark Cohen. Partners is the record owner; Stone House is the general partner and investment manager; Mr. Cohen is the managing member of Stone House.
  • F2: Each reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
  • F3: Reporting persons state they may be deemed a group for Section 13(d) or 13(g) purposes but do not admit group status.
• Filing date: Oct 7, 2026 (per the Form 4 filing).

Why it may matter

• The filing records a derivative disposition of 15,000 shares by a 10% owner (a large holder rather than an executive).
• A filing does not show why the insider traded or why the company acted.