Designer Brands (DBI) Director John Atkinson Receives Award

What Happened

• Director John W. Atkinson received an award of 1,091 stock units (reported as a derivative grant) on July 8, 2026. The filing reports an acquisition price of $0.00 (total reported value $0), indicating these were granted as compensation rather than purchased or sold.

Key Details

• Transaction date: 2026-07-08; Filing date: 2026-07-10 (filed within the typical 2-business-day Form 4 window).
• Transaction type/code: A — Grant/Award (derivative stock units).
• Amount: 1,091 stock units acquired at $0.00 (reported total $0).
• Shares owned after transaction: Not specified in the filing.
• Footnotes (summary): stock units are contingent rights to one Class A share each; they include accrued dividend equivalent rights; units vest on grant and will convert to an equal number of Class A shares upon the insider’s termination of Board service; the total reported includes accrued dividend equivalents.

Context

• This is a compensation grant (award of stock units), not an open‑market purchase or sale; such awards are common for directors as part of pay and do not by themselves indicate the insider is buying or selling shares for investment reasons. The units are contingent and convert to shares only upon the director’s departure from the board per the footnotes.