Form 4 for DBI Designer Brands Inc.
Accepted 2025-01-14 00:00:00 ET · period of report 2025-01-10 · accession 0000950170-25-005581 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2025-01-14 | 2025-01-10+ | DBI | Cohen Mark Alexander | Other | P - Purchase | $5.64 | +500.0K | 5.49M | +10% | +$2.82M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Shares, without par value | 2025-01-13 | P | A | 10,851 | $5.28 | 5,500,000 | I See Footnotes | — | — | (F5) This price represents the approximate weighted average price per Share of the Issuer, of sales that were executed at prices ranging from $5.08 to $5.71 per Share. The reporting persons undertake to provide, upon request by the Issuer, any security holder of the Issuer or the staff of the U.S. Securities and Exchange Commission, full information regarding the price per Share and the number of Shares sold at each price. (F3) Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Act") or otherwise, the beneficial owner of any securities covered by this statement. Each reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities. (F2) This statement is jointly filed by and on behalf of each of Stone House Capital Management, LLC ("Stone House"), SH Capital Partners, L.P. ("Partners") and Mark Cohen. Partners is the record and direct beneficial owner of the securities covered by this statement. Stone House is the general partner and investment manager of, and may be deemed to beneficially own securities owned by, Partners. Mr. Cohen is the managing member of, and may be deemed to beneficially own securities owned by, Stone House. (F4) Each reporting person may be deemed to be a member of a group with respect to the Issuer or securities of the Issuer for purposes of Section 13(d) or 13(g) of the Act. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, a member of a group with respect to the Issuer or securities of the Issuer. |
| 2 | Common | Class A Common Shares, without par value | 2025-01-10 | P | A | 489,149 | $5.65 | 5,489,149 | I See Footnotes | — | — | (F1) This price represents the approximate weighted average price per share of Class A common shares of Designer Brands Inc. (the "Issuer"), without par value (each, a "Share"), of sales that were executed at prices ranging from $5.22 to $5.85 per Share. The reporting persons undertake to provide, upon request by the Issuer, any security holder of the Issuer or the staff of the U.S. Securities and Exchange Commission, full information regarding the price per Share and the number of Shares sold at each price. (F3) Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Act") or otherwise, the beneficial owner of any securities covered by this statement. Each reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities. (F2) This statement is jointly filed by and on behalf of each of Stone House Capital Management, LLC ("Stone House"), SH Capital Partners, L.P. ("Partners") and Mark Cohen. Partners is the record and direct beneficial owner of the securities covered by this statement. Stone House is the general partner and investment manager of, and may be deemed to beneficially own securities owned by, Partners. Mr. Cohen is the managing member of, and may be deemed to beneficially own securities owned by, Stone House. (F4) Each reporting person may be deemed to be a member of a group with respect to the Issuer or securities of the Issuer for purposes of Section 13(d) or 13(g) of the Act. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, a member of a group with respect to the Issuer or securities of the Issuer. |