Stone House Capital Management, LLC - 04 Apr 2025 Form 4 Insider Report for Designer Brands Inc. (DBI)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
08 Apr 2025, 21:30:05 UTC
Prior SEC filing
14 Jan 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
STONE HOUSE CAPITAL MANAGEMENT, LLC, By: /s/ Mark Cohen, Name: Mark Cohen, Title: Managing Member

Key filing fact

Stone House Capital Management, LLC filed Form 4 for Designer Brands Inc. (DBI) on 08 Apr 2025.

Key facts

  • This page summarizes Stone House Capital Management, LLC's Form 4 filing for Designer Brands Inc. (DBI).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 08 Apr 2025, 21:30.

Change

  • Previous filing in this sequence was filed on 14 Jan 2025.
  • Current net transaction value: +$5,100.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DBI holding

Class A Common Shares, without par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
5,500,000
Date
04 Apr 2025
Ownership
See Footnotes
Footnotes
F1, F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DBI transaction Derivative

Call Option (right to buy)

Purchase

Transaction value
$5,100
Shares
+15,000
Change %
Price
$0.3400*
Shares after
15,000
Date
04 Apr 2025
Ownership
See Footnotes
Underlying class
Class A Common Shares, without par value
Underlying amount
1,500,000
Exercise price
$10.00
Footnotes
F1, F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

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.

Footnote F2

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.

Footnote F3

Each reporting person may be deemed to be a member of a group with respect to Designer Brands Inc. (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.

Footnote F4

The transaction was executed in multiple trades in prices ranging from $0.30 to $0.35, inclusive. The price reported in Column 8 above reflects the weighted average sale price. 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 number of call options acquired at each respective price within the range set forth in this footnote.

SEC remarks

Exhibit Index Exhibit 99.1 - Joint Filing Agreement (filed herewith).

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .