Form 4: Joseph A. Schottenstein Reports Changes in Beneficial Ownership of Designer Brands Inc.
SEC Form 4 Filing
Joseph A. Schottenstein, a Director of Designer Brands Inc., reports changes in beneficial ownership of Class A Common Shares following a transaction on May 3, 2024.
Summary
- On May 3, 2024, Joseph A. Schottenstein, a Director of Designer Brands Inc., reported changes in his beneficial ownership of the company's Class A Common Shares.
- The transaction involved the acquisition of 2,361 Class A Common Shares at a price of $0.00 per share.
- Following the reported transaction, Mr. Schottenstein directly owns 155,447 Class A Common Shares.
- He also indirectly owns 31,050 Class A Common Shares through trusts and 1,273,099 shares through Schottenstein Realty LLC.
- Mr. Schottenstein disclaims beneficial ownership of shares held by trusts and Schottenstein Realty LLC except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a change in beneficial ownership. It doesn't inherently convey positive or negative sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of transaction involving Class A Common Shares |
| 05/06/2024 | Date of signature by Attorney-in-Fact |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.