O'Donnell Andrea 4

What Happened

• Andrea O'Donnell, EVP, COO & Brands President of Designer Brands (DBI), received an award on 2026-07-08 consisting of 3,885 derivative share units. The reported transaction is coded as an award/acquisition (A) at $0.00 per share (derivative instrument), reflecting compensation-related units rather than an open-market purchase.

Key Details

• Transaction date: 2026-07-08; Form 4 filed: 2026-07-10 (filed within the typical 2-business-day window).
• Reported amount: 3,885 derivative shares; reported price: $0.00 (award/grant).
• Shares owned after transaction: not stated in the provided excerpt of the filing.
• Footnote: Dividend equivalent rights accrued on previously awarded RSUs become exercisable proportionately with those RSUs; each dividend equivalent right equals the economic equivalent of one share of Class A common stock.
• Transaction code: A = Award/Grant (derivative).

Context

• This was a compensation award (derivative units tied to RSUs and dividend equivalents), not a market purchase or sale; such grants are common form of executive compensation and do not by themselves indicate a buy/sell signal.
• Because the award is recorded as derivative dividend-equivalent rights, the economic value will depend on the underlying stock price and the vesting/exercise terms of the related RSUs.