Designer Brands Inc.: EVP & CFO Toal Sheamus received 899 shares

What happened

• Toal Sheamus, EVP & CFO, received an award of 899 dividend equivalent rights related to restricted stock units on Oct 7, 2026. The filing reports an acquisition price of $0.00 per right, total $0 (derivative).

Key details

• Transaction date and price: Oct 7, 2026 — 899 rights at $0.00 each (derivative).
• Shares owned after the transaction: not reported in the filing.
• Footnote: "The 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." (as stated in the filing)
• Form 4 filed Oct 9, 2026.

Why it may matter

• This was an award of dividend equivalent rights tied to previously granted RSUs; the rights become exercisable proportionately with the related RSUs.
• A filing does not show why the insider traded or why the company acted.