Fund 1 Investments, LLC sold DBI

January 28, 2025 · Form 4 insider transaction

Fund 1 Investments, LLC sold 30,000 shares of Designer Brands Inc. at $5.47 per share, a transaction worth $164.2K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 2 days after the transaction.

Direction
Disposed (sell-side)
Shares
30,000
Price
$5.47
Total value
$164.2K
Role10% owner
SecurityClass A Common Shares
Transaction codeS: Open-market sale
Transaction dateJanuary 28, 2025
Filing dateJanuary 30, 2025
Shares owned after1,853,405
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

Shares reported herein are held for the benefit of PLP Funds Master Fund LP (the "PL Fund") and an additional private investment vehicle for which Pleasant Lake Partners LLC ("PLP") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein.

View the original Form 4 on SEC EDGAR