[8-K] Designer Brands Inc. Reports Material Event

Rhea-AI Filing Summary

Designer Brands Inc. reported two Board actions on November 20, 2025. The Board expanded its size from eleven to twelve directors and appointed Deborah Ferrée, the company’s Vice Chair and Chief Product Officer, as a Class II director, effective immediately. She will serve until the 2027 Annual Meeting of Shareholders, with no changes to her existing compensation and no special arrangements related to her selection.

The Board also approved a quarterly cash dividend of $0.05 per share on the company’s Class A and Class B common shares. This dividend is payable on December 19, 2025 to shareholders of record at the close of business on December 5, 2025. Future dividends will be considered and announced if and when they are declared by the Board.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 20, 2025

Designer Brands Inc.

(Exact name of registrant as specified in its charter)

Ohio

001-32545

31-0746639

(State or other Jurisdiction of Incorporation)

(Commission File Number)

(IRS Employer Identification No.)

810 DSW Drive, Columbus, Ohio						43219
(Address of Principal Executive Offices)						(Zip Code)

Registrant’s telephone number, including area code: (614) 237-7100

 N/A

(Former name or former address if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Class A Common Shares, without par value			DBI			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange

Act.    ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 20, 2025, the Board of Directors (the "Board") of Designer Brands Inc. (the "Company") increased the authorized number of directors constituting the Board from eleven to twelve and designated the newly-created vacant director position as Class II, all in accordance with and as permitted by the Company’s Amended and Restated Code of Regulations.

Also on November 20, 2025, the Board appointed Deborah Ferrée, the Company’s Vice Chair and Chief Product Officer, as a Class II director of the Board to fill the newly-created vacancy, effective immediately. As a Class II director, Ms. Ferrée will serve on the Board until the Company’s 2027 Annual Meeting of Shareholders and until her successor is duly elected and qualified. Ms. Ferrée’s role as the Company’s Vice Chair and Chief Product Officer will not change in connection with her appointment as a director.

Ms. Ferrée’s biographical information is included in the Company’s Definitive Proxy Statement for its 2025 Annual Meeting of Shareholders filed with the Securities and Exchange Commission on May 5, 2025 (the “Proxy Statement”) and incorporated herein by reference. There were no changes to Ms. Ferrée’s compensation arrangements in connection with her appointment as a director, and her existing compensatory terms, as previously disclosed in the Company’s Definitive Proxy Statement, remain in effect. There is no arrangement or understanding between Ms. Ferrée or any other person pursuant to which she was selected as a director of the Company. There are no family relationships between Ms. Ferrée and any director or executive officer of the Company, and the Company has not entered into any transactions with Ms. Ferrée that would require disclosure under Item 404(a) of Regulation S-K.

Item 8.01 Other Events.

On November 20, 2025, the Board approved a quarterly cash dividend of $0.05 per share of the Company’s Class A and Class B common shares. The dividend will be paid on December 19, 2025 to shareholders of record as of the close of business on December 5, 2025. As it is customary, details regarding the record and payment dates for any future quarterly dividends will be announced at the time such dividends are declared by the Board.

Signature  

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.  

Designer Brands Inc.

By:

/s/ Lisa M. Yerrace

Lisa M. Yerrace

Senior Vice President, General Counsel and Corporate Secretary

Date:

November 26, 2025

FAQ

What Board change did Designer Brands Inc. (DBI) announce?

The Board of Designer Brands Inc. increased its authorized size from eleven to twelve directors and designated the new seat as a Class II position.

Who was appointed as the new director at Designer Brands Inc. (DBI)?

Deborah Ferrée, the company’s Vice Chair and Chief Product Officer, was appointed as a Class II director, effective immediately, to fill the new Board vacancy.

How long will Deborah Ferrée serve on the Designer Brands (DBI) Board?

As a Class II director, Deborah Ferrée will serve on the Board until Designer Brands Inc.’s 2027 Annual Meeting of Shareholders and until her successor is duly elected and qualified.

Did Deborah Ferrée’s compensation change with her Board appointment at DBI?

There were no changes to Deborah Ferrée’s compensation in connection with her appointment as a director, and her existing compensatory terms disclosed in the 2025 Proxy Statement remain in effect.

What dividend did Designer Brands Inc. (DBI) declare?

The Board approved a quarterly cash dividend of $0.05 per share on the company’s Class A and Class B common shares.

When is the record date and payment date for DBI’s latest dividend?

The $0.05 per share dividend will be paid on December 19, 2025 to shareholders of record as of the close of business on December 5, 2025.