Turner Mary 4

What Happened Mary Turner, Executive Vice President and President of Designer Brands Canada, was granted two restricted stock unit (RSU) awards on 2026-03-11: 3,753 RSUs and 9,382 RSUs, for a total of 13,135 RSUs. Both awards were reported at $0.00 per unit (no cash exchanged) and are listed as derivative awards. Per the filing footnote, each RSU represents a contingent right to receive one share of the issuer’s Class A common stock upon vesting/settlement. This is an award/grant (compensation), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-03-11 (two grants: 3,753 and 9,382 RSUs); Price reported: $0.00 (award).
• Total RSUs granted: 13,135.
• Footnote: Each restricted stock unit is a contingent right to one share of Class A common stock.
• Filing: Form 4 filed 2026-03-13 (filed two business days after the transaction—timely under Form 4 rules).
• Shares owned following transaction: not disclosed in the provided filing excerpt.

Context RSUs are a form of equity compensation that convert into actual shares only if and when vesting conditions are met; they do not represent immediate share ownership or an immediate cash transaction. Awards like this are routine compensation for executives and should not be interpreted alone as a buy/sell signal.