Designer Brands holder BlackRock reports 7.6% stake

BlackRock, Inc. filed an amended Schedule 13G reporting beneficial ownership of 3,291,849 shares of Designer Brands Inc Class A Stock, representing 7.6% of the class.

Rhea-AI Filing Summary

BlackRock, Inc. filed an amended Schedule 13G reporting beneficial ownership of 3,291,849 shares of Designer Brands Inc Class A Stock, representing 7.6% of the class. BlackRock reports sole voting power over 3,254,752 shares and sole dispositive power over 3,291,849 shares, with no shared voting or dispositive power.

The filing notes that these holdings reflect securities beneficially owned, or deemed beneficially owned, by certain BlackRock business units. Various underlying persons have rights to dividends or sale proceeds, but no individual underlying holder has more than 5% of the total outstanding common shares of Designer Brands Inc. The schedule is signed by Managing Director Spencer Fleming.

Key Figures

Beneficial ownership: 3,291,849 shares Percent of class: 7.6% Sole voting power: 3,254,752 shares +3 more

6 metrics

Beneficial ownership 3,291,849 shares Class A Stock of Designer Brands Inc reported by BlackRock, Inc.

Percent of class 7.6% Portion of Designer Brands Inc Class A Stock held by BlackRock business units

Sole voting power 3,254,752 shares Shares for which BlackRock can solely vote or direct the vote

Shared voting power 0 shares Shares for which voting power is shared by BlackRock

Sole dispositive power 3,291,849 shares Shares for which BlackRock can solely dispose or direct disposition

Shared dispositive power 0 shares Shares for which dispositive power is shared by BlackRock

Key Terms

beneficially owned, sole voting power, sole dispositive power, Schedule 13G, +1 more

5 terms

beneficially owned financial

"reflects the securities beneficially owned, or deemed to be beneficially owned, by certain"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole voting power financial

"Sole Voting Power 3,254,752.00 6 | Shared Voting Power 0.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

sole dispositive power financial

"Sole Dispositive Power 3,291,849.00 8 | Shared Dispositive Power 0.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Schedule 13G regulatory

"This schedule reflects the securities beneficially owned, or deemed to be beneficially owned"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

Power of Attorney regulatory

"Exhibit 24: Power of Attorney Exhibit 99: Item 7"

A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stake in Designer Brands Inc (DBI) does BlackRock report?

BlackRock reports beneficial ownership of 3,291,849 shares of Designer Brands Inc Class A Stock, representing 7.6% of the class, according to the amended Schedule 13G filing.

How much voting power does BlackRock have in Designer Brands Inc (DBI)?

BlackRock reports sole voting power over 3,254,752 shares of Designer Brands Inc Class A Stock and no shared voting power, as disclosed in Item 4 of the ownership section.

What dispositive power over DBI shares does BlackRock disclose?

BlackRock reports sole dispositive power over 3,291,849 shares of Designer Brands Inc Class A Stock and no shared dispositive power, meaning only BlackRock’s reporting units can decide on selling those shares.

Does any underlying investor hold more than 5% of Designer Brands (DBI) through BlackRock?

No. The filing states that while various persons may receive dividends or sale proceeds, no one person’s interest exceeds 5% of Designer Brands’ total outstanding common shares held through these BlackRock-managed positions.

Who signed BlackRock’s Schedule 13G/A for Designer Brands Inc (DBI)?

The amended Schedule 13G for Designer Brands Inc was signed by Spencer Fleming, identified as a Managing Director at BlackRock, Inc., acting under a Power of Attorney referenced as Exhibit 24.

What type of security in DBI is covered by BlackRock’s 13G/A filing?

The filing covers Class A Stock of Designer Brands Inc, identified by CUSIP 250565108, and reports the institutional ownership position held by certain BlackRock business units.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/28/2026 - 04:53 PM Accepted by SEC EDGAR 07/28/2026 - 04:44 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 4)

Designer Brands Inc

(Name of Issuer)

Class A Stock

(Title of Class of Securities)

250565108

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 250565108

1

Names of Reporting Persons

BlackRock, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 3,254,752.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 3,291,849.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,291,849.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.6 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Designer Brands Inc
(b)	Address of issuer's principal executive offices: 810 DSW DRIVE COLUMBUS OH 43219
Item 2.
(a)	Name of person filing: BlackRock, Inc. In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)	Address or principal business office or, if none, residence: BlackRock, Inc., 50 Hudson Yards New York, NY 10001
(c)	Citizenship: See Item 4 of Cover Page
(d)	Title of class of securities: Class A Stock
(e)	CUSIP No.: 250565108
Item 4.	Ownership
(a)	Amount beneficially owned: 3291849
(b)	Percent of class: 7.6 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 3254752
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 3291849
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of Designer Brands Inc. No one person's interest in the common stock of Designer Brands Inc is more than five percent of the total outstanding common shares.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit 99
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BlackRock, Inc.

Signature:	Spencer Fleming
Name/Title:	Managing Director
Date:	07/28/2026

Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7