Davis Laura 4

What Happened

• Laura Davis, EVP and President of DSW Designer Shoe Warehouse at Designer Brands (DBI), received an award of 4,750 dividend-equivalent rights on 2026-07-08. The Form 4 reports the acquisition as 4,750 shares at $0.00 (derivative award). No cash was paid in this transaction.

Key Details

• Transaction date: 2026-07-08; filing date: 2026-07-10 (timely filing).
• Reported terms: 4,750 shares @ $0.00 (derivative/award).
• Shares owned after transaction: Not reported on this filing.
• Footnote: The award represents dividend equivalent rights that accrued on previously awarded RSUs and become exercisable proportionately with those RSUs; each right is the economic equivalent of one share of Class A common stock.
• Transaction code: A (award/grant) — not a market purchase or sale.

Context

• This was a compensation award (derivative dividend equivalents tied to existing RSUs), not an open-market buy or sale. Such awards typically vest with the underlying RSUs and do not represent an immediate cash outlay or sale of shares. They inform shareholders about executive compensation but do not directly indicate buying or selling sentiment.