Laura Davis - 19 Dec 2025 Form 4 Insider Report for Designer Brands Inc. (DBI)

Role: EVP;Pres DSW Designer ShoeWhse
Signature: Katherine Alfano, Attorney-in-Fact
Issuer symbol: DBI
Transactions as of: 19 Dec 2025
Net transactions value: $0
Form type: 4
Filing time: 23 Dec 2025, 16:18:48 UTC
Previous filing: 21 Oct 2025
Next filing: 04 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Davis Laura	EVP;Pres DSW Designer ShoeWhse	810 DSW DRIVE, COLUMBUS	Katherine Alfano, Attorney-in-Fact	23 Dec 2025	0001984529

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DBI	Dividend Equivalent Rights	Award	$0	+2,512	+8.7%	$0.000000	31,244	19 Dec 2025	Class A Common Shares	2,512		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs) and become exercisable proportionately with the RSUs to which they relate. Each dividend equivalent right is the economic equivalent of one share of Issuer's Class A common stock.