Schottenstein Joseph A. 4

What Happened Joseph A. Schottenstein, a director of Designer Brands, Inc. (DBI), was reported to have received a grant/award of 26,527 shares on 2026-06-17. The transaction is coded as an award/acquisition (A) and was reported with a $0.00 per-share amount (total reported cash paid = $0). This was an equity award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-06-17; Form 4 filed: 2026-06-22.
• Transaction type/code: Grant/Award (A).
• Shares acquired: 26,527; reported price: $0.00; reported cash outlay: $0.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: Mr. Schottenstein disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
• Timeliness: Filing occurred on 2026-06-22 for a 2026-06-17 transaction (filed after the standard two-business-day reporting window).

Context Equity awards to directors are typically compensation-related (e.g., restricted stock or RSUs) and differ from open-market buys or sales; they do not necessarily reflect an immediate personal cash investment or a market sentiment signal. The footnote indicates Mr. Schottenstein disclaims beneficial ownership except for any pecuniary interest, which can affect how the holding is interpreted for voting or control purposes. The late filing may be noted by investors but does not by itself imply any specific trading intent.