Insider Transaction Report

Joanna T. Lau, a director at Designer Brands Inc. (DBI), reported a transaction on April 10, 2026. The transaction involved the acquisition of 974 stock units, with each unit representing a contingent right to one share of Class A common stock. The acquisition price was $0.00 per share, indicating these were likely awarded units rather than purchased. Following this transaction, Ms. Lau holds a total of 130,284 shares. The report also mentions accrued dividend equivalent rights on previously awarded stock units. The stock units vest upon the date of grant and convert to Class A common stock upon Ms. Lau's termination of service from the Board of Directors. This filing is classified as an Officer/Director Change due to the nature of the transaction involving a director.