TANENBAUM ALLAN J 4

What Happened

• Allan J. Tanenbaum, a Director of Designer Brands Inc. (DBI), was granted 2,137 stock units on 2026-04-10. The grant is recorded at $0.00 per unit (total $0) and is reported as a derivative award (transaction code A). These are contingent stock units, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-10; Form 4 filed 2026-04-14 (timely within the two-business-day filing window).
• Amount: 2,137 stock units granted; price shown $0.00; total $0 on the Form 4.
• Shares after transaction: the filing does not disclose total common shares owned following this grant.
• Notable footnotes: each stock unit is a contingent right to one Class A share (F1); units include accrued dividend-equivalent rights (F2, F4); units vest on grant but convert to shares only upon the director’s termination of service from the board (F3).
• Transaction type: Award/Grant of derivative units (code A), not a purchase (P) or sale (S).

Context

• These units are deferred/contingent equity compensation: they vest now but are converted to actual shares only when the director leaves the board, so no immediate dilution or market sale occurred. Such awards are typically part of director compensation or retention and do not by themselves indicate buying or selling sentiment.