Designer Brands (DBI) Director Joseph Schottenstein Receives 239 Shares

What Happened Joseph A. Schottenstein, a director of Designer Brands, received an award/grant of 239 shares on July 8, 2026. The Form 4 reports the acquisition code A (award/grant) at a price of $0.00, with the transaction value listed as $0. This is an award rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-07-08; reported on Form 4 filed 2026-07-10 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 239 at $0.00 (total listed value $0).
• Shares owned after transaction: Not disclosed in the supplied transaction summary.
• Footnote: Mr. Schottenstein disclaims beneficial ownership of these shares except to the extent of his pecuniary interest (per footnote F1).
• Filing timeliness: Appears timely (filed within two days of the transaction).

Context Grants or awards to directors commonly reflect compensation, restricted stock, or plan-based awards and do not necessarily indicate a personal cash investment. The $0.00 price reflects that this was an awarded grant rather than a purchase; such awards are routine and should be interpreted differently than open‑market buys or sells.