Designer Brands (DBI) Director Joseph Schottenstein Receives Award

What Happened

• Joseph A. Schottenstein, a director of Designer Brands, was granted 3,725 shares on 2026-07-31. The reported acquisition price is $0.00 per share (total reported value $0), consistent with a stock award or grant rather than an open-market purchase.

Key Details

• Transaction date and price: 2026-07-31; 3,725 shares at $0.00 each (code A — award/grant).
• Filing date: Form 4 filed 2026-08-04.
• Shares owned after transaction: not specified in the provided report.
• Footnote: Mr. Schottenstein disclaims beneficial ownership of these shares except to the extent of his pecuniary interest (F1).
• No indication in this filing of an option exercise, sale, gift, or a 10% owner transaction.

Context

• This was a compensation-style award (an acquisition by grant). Such awards are common for directors and reflect company compensation practices more than a personal open-market investment decision. The footnote indicates limited beneficial ownership—he only claims economic interest to the extent specified.