Designer Brands Inc.: director Peter Cobb received 1,870 shares

What happened Peter Cobb, a director of Designer Brands Inc., received a grant of 1,870 stock units on Oct 7, 2026. The reported price is $0 and the total value reported for the transaction is $0 (derivative award).

Key details

• Transaction date and code: Oct 7, 2026; transaction type A (award/grant); price reported $0.
• Shares owned after the transaction: not reported in this filing.
• Footnotes from the filing: each stock unit represents a contingent right to receive one share of the issuer's Class A common stock (F1); shares represent dividend equivalent rights accrued on previously awarded stock units (F2); the stock unit becomes vested upon the date of grant and will be converted to an equal number of shares upon the insider's termination of service from the board (F3); total includes accrued dividend equivalent rights (F4).
• Filing date: Oct 9, 2026 (filed within the Form 4 reporting period).

Why it may matter This was a derivative award (stock units) rather than a market purchase or sale; the units vest on grant and convert to shares only upon the director's termination of service. A filing does not show why the insider traded or why the company acted.