BlackRock, Inc. Reduces Stake in Designer Brands Inc

BlackRock, Inc. has filed an amendment to its Schedule 13G/A, reporting a reduction in its ownership of Designer Brands Inc. common stock. As of September 30, 2025, BlackRock owns 2,660,397 shares, representing 6.4% of the total outstanding shares. This marks a decrease of 3,316,867 shares, or 55.49%, from its previous holdings. The filing indicates that BlackRock has sole voting power over 2,602,134 shares and sole dispositive power over all 2,660,397 shares. The filing also notes that various persons have the right to receive dividends or proceeds from the sale of the shares, but no single person's interest exceeds 5% of the total outstanding shares. The amendment was signed by Spencer Fleming, Managing Director of BlackRock, Inc.