Haley Mark 4

What Happened
Haley Mark, SVP, Controller & Principal Accounting Officer of Designer Brands (DBI), was granted 1,487 dividend-equivalent rights tied to previously awarded restricted stock units (RSUs) on July 8, 2026. The grant is recorded as a derivative acquisition at an acquisition price of $0.00, so no cash changed hands.

Key Details

• Transaction date: 2026-07-08; Form 4 filed 2026-07-10 (timely, within the SEC two-business-day window).
• Security: Dividend-equivalent rights related to previously awarded RSUs (treated as derivative securities).
• Amount: 1,487 units acquired at $0.00 (total reported value $0).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The dividend-equivalent rights accrue on previously awarded RSUs and become exercisable proportionately with those RSUs; each DE right is the economic equivalent of one share of Class A common stock.

Context
This was an award of dividend-equivalent rights tied to RSUs—not an open-market purchase or sale. Such grants are a routine element of executive compensation and do not, by themselves, indicate a buy/sell signal.