Designer Brands (DBI) Director Joseph Schottenstein Receives 3,549-Share Award

What Happened

• Joseph A. Schottenstein, a director of Designer Brands, was granted 3,549 shares on January 30, 2026. The Form 4 reports the acquisition as an award/grant (transaction code A) at $0.00 per share (total reported value $0).

Key Details

• Transaction date: 2026-01-30
• Filing date (Form 4): 2026-02-03 (filed within the standard 2-business-day reporting window)
• Shares acquired: 3,549; Price per share reported: $0.00; Total reported value: $0
• Shares owned after the transaction: not specified in the provided excerpt of the filing
• Footnote: Mr. Schottenstein disclaims beneficial ownership of the shares except to the extent of his pecuniary interest (F1)

Context

• This was an award/grant (compensation-related acquisition), not an open-market purchase or sale; such grants are common for directors and do not necessarily indicate a personal buy/sell decision.
• The footnote suggests the shares may be held in a trust or similar vehicle where Mr. Schottenstein disclaims beneficial ownership except for his financial interest.