Insider Transaction Report for Andrea O'Donnell

This filing details a transaction by Andrea O'Donnell, EVP, COO & Brands President of Designer Brands Inc. The transaction, dated April 10, 2026, involves 1,290 Dividend Equivalent Rights (DERs) related to Class A Common Shares. These DERs accrued on previously awarded restricted stock units (RSUs) and become exercisable proportionally with the RSUs. Each DER is economically equivalent to one share of Class A common stock. The transaction code 'A' indicates acquisition, with a transaction price of $0.00. Following this transaction, O'Donnell holds 18,895 shares. This report is filed on Form 4, with the signature date of April 14, 2026.