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Designer Brands (NYSE: DBI) grants 506,755 restricted stock units to Executive Chairman
Designer Brands Inc. (NYSE: DBI) reported that its Executive Chairman and 10% owner, Jay L. Schottenstein, received a grant of 506,755 Restricted Stock Units (RSUs) on April 2, 2026. This award, valued at $0.00 per unit, represents stock-based compensation rather than a market transaction, with an exercise and expiration date of April 2, 2029. The grant aligns a significant portion of his compensation with the company’s future stock performance and shareholder value.