Form 4: Designer Brands Inc. Executive Vice President Mary Turner Reports Changes in Beneficial Ownership
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
| Date | Description |
|---|---|
| 03/24/2025 | Date of earliest transaction involving Class A Common Shares, Dividend Equivalent Rights, and Restricted Stock Units. |
| 03/26/2025 | Date 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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