Designer Brands Inc.: 10% owner Jay L Schottenstein received 14,418 shares

What happened Jay L Schottenstein, a 10% owner, received 14,418 shares as an award (transaction code A) on Oct 7, 2026. The filing reports an acquisition price of $0.00 and a total reported value of $0; the transaction is reported as a derivative.

Key details

• Transaction date and price: Oct 7, 2026 — award of 14,418 shares at $0.00 (A).
• Shares owned after the transaction: not stated in the provided filing excerpt.
• Footnote: Dividend equivalent rights accrued on previously awarded restricted stock units (RSUs) and become exercisable proportionately with the RSUs to which they relate; each dividend equivalent right is the economic equivalent of one share of Issuer's Class A common stock.
• Filing: filed Oct 9, 2026; period of report Oct 7, 2026.

Why it may matter

• This was an award of derivative dividend-equivalent rights tied to RSUs, not a market purchase or sale.
• Jay L Schottenstein is a 10% owner, a large holder rather than an executive.
• A filing does not show why the insider traded or why the company acted.