O'Donnell Andrea 4

What Happened

• Andrea O'Donnell, EVP, COO & Brands President of Designer Brands (DBI), received an award of 1,290 derivative shares on 2026-04-10. The filing reports an acquisition at $0.00 per share (total reported value $0) representing dividend-equivalent rights tied to previously awarded restricted stock units (RSUs). This is an award/grant transaction (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-10; Form 4 filed: 2026-04-14.
• Transaction type: Award/Grant (derivative: dividend-equivalent rights on RSUs).
• Shares/units involved: 1,290; price per share reported: $0.00; total reported value: $0.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote: The dividend-equivalent rights accrued on previously awarded RSUs and become exercisable proportionately with those RSUs; each dividend equivalent equals the economic equivalent of one Class A common share (F1).
• No indication in the provided data that this was part of a 10b5-1 plan, a sale, an exercise, or tax-withholding event.

Context

• These dividend-equivalent awards mirror the economic value of shares tied to existing RSUs and do not involve the insider spending cash to buy shares. Such awards are common as part of compensation and do not, by themselves, indicate a buy or sell signal.