O'Donnell Andrea 4

What Happened
Andrea O'Donnell, EVP, Chief Operating Officer & Brands President of Designer Brands (DBI), was granted 126,690 restricted stock units (RSUs) on April 2, 2026. The award is reported as an acquisition (code A) at $0.00 per unit (i.e., no cash was paid); each RSU represents a contingent right to receive one share of Class A common stock upon vesting.

Key Details

• Transaction date: 2026-04-02; Form 4 filed: 2026-04-06 (filed on time).
• Transaction type: Award/Grant of 126,690 RSUs (derivative award), reported at $0.00.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: F1 — each RSU equals a contingent right to one share of the issuer's Class A common stock.
• No 10b5-1 plan, tax-withholding sale, or cashless exercise is indicated in this filing.

Context
RSU grants are a form of compensation and generally vest over time or upon meeting performance/service conditions; they do not represent an immediate purchase or sale of shares. The economic value will depend on future vesting and the company's stock price at settlement, so grants should be viewed as executive compensation rather than a direct insider buy signal.