Form 4: Designer Brands Inc. Executive Vice President Mary Turner Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Mary Turner, EVP of Designer Brands Inc., reports the acquisition and disposal of Class A Common Shares and derivative securities.

Summary

  • On March 24, 2025, Mary Turner, EVP of Designer Brands Inc., reported changes in beneficial ownership.
  • She acquired 18,386 Class A Common Shares at $0.00 and disposed of 9,843 shares at $4.04.
  • Following these transactions, she beneficially owns 40,382 Class A Common Shares.
  • She also reported transactions involving Dividend Equivalent Rights and Restricted Stock Units, resulting in a holding of 1,179 Dividend Equivalent Rights.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing. It simply reports transactions and doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency to investors regarding insider activity but doesn't necessarily indicate a broader trend in the retail or footwear industry.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
03/24/2025Date of earliest transaction involving Class A Common Shares, Dividend Equivalent Rights, and Restricted Stock Units.
03/26/2025Date of signature by Katherine Alfano, Attorney-in-Fact.

Keywords

beneficial ownership, Form 4, Designer Brands Inc., Mary Turner, Class A Common Shares, derivative securities, Dividend Equivalent Rights, Restricted Stock Units

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