Davis Laura 4

What Happened
Laura Davis, EVP and President of DSW Designer Shoe Warehouse (Designer Brands, DBI), was granted 126,690 restricted stock units (RSUs) on April 2, 2026. The Form 4 reports these as an award/acquisition at $0.00 (derivative); each RSU represents a contingent right to receive one share of the issuer's Class A common stock upon vesting.

Key Details

• Transaction date: 2026-04-02 (reported on Form 4 filed 2026-04-06).
• Transaction type: Award/Grant of restricted stock units (code A).
• Quantity: 126,690 RSUs; reported acquisition price $0.00 (derivative award).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Each RSU equals a contingent right to one Class A common share.
• Timeliness: Filing appears timely (transaction 4/2/2026; Form 4 filed 4/6/2026).

Context
RSU grants are compensation awards, not open-market purchases or sales. They typically vest over time and convert to company shares only if vesting conditions are met, so they don't represent an immediate cash buy or sale. The filing reports the grant but does not state vesting schedule or current market value — value depends on DBI’s share price at vesting.