Schottenstein Joseph A. 4
Research Summary
AI-generated summary
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.