Form 4: Designer Brands Inc. Executive Mark Haley Reports Stock Transactions

Mark Haley, SVP, Controller and PAO of Designer Brands Inc., reports the acquisition and disposal of Class A Common Shares and derivative securities.

Summary

• On March 23, 2024, Mark Haley, SVP, Controller and PAO of Designer Brands Inc., reported transactions involving Class A Common Shares.
• Haley acquired 13,482 Class A Common Shares at $0.00, and disposed of 3,755 shares at $11.22.
• Following these transactions, Haley beneficially owns 41,912 Class A Common Shares directly.
• Haley also reported transactions involving Dividend Equivalent Rights and Restricted Stock Units (RSUs).
• 477 Dividend Equivalent Rights were exercised, and 13,005 Restricted Stock Units were exercised on March 23, 2024.
• After the reported transactions, Haley holds 1,114 Dividend Equivalent Rights.
• Katherine Alfano is acting as Attorney-in-Fact for Mark Haley, according to the Substitute Power of Attorney.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure of insider transactions, which are common and legally required for officers and directors of publicly traded companies. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company officer.

Key Dates