SC 13G: Designer Brands Inc.
Ticker: DBI · Form: SC 13G · Filed: Sep 23, 2024 · CIK: 1319947
Sentiment: neutral
Topics: sc-13g
AI Summary
SC 13G filing by Designer Brands Inc..
Risk Assessment
Risk Level: low
Filing Stats: 1,307 words · 5 min read · ~4 pages · Grade level 4.7 · Accepted 2024-09-23 16:01:28
Filing Documents
- tm2424503d1_sc13g.htm (SC 13G) — 54KB
- tm2424503d1_ex-1.htm (EX-99.1) — 6KB
- tm2424503d1_ex-2.htm (EX-99.2) — 5KB
- 0001104659-24-102028.txt ( ) — 66KB
From the Filing
SC 13G 1 tm2424503d1_sc13g.htm SC 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Amendment No. )* Under the Securities Exchange Act of 1934 Designer Brands Inc. (Name of Issuer) Class A Common Shares, without par value (Title of Class of Securities) 250565108 (CUSIP Number) September 12, 2024 (Date of Event Which Requires Filing of this Statement) Check the following box to designate the rule pursuant to which the Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise CUSIP No. 250565108 SCHEDULE 13G Page 2 of 6 1 NAMES OF REPORTING PERSONS D. E. Shaw & Co., L.P. 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 -0- 6 SHARED VOTING POWER 2,402,940 7 SOLE DISPOSITIVE POWER -0- 8 SHARED DISPOSITIVE POWER 2,406,240 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,406,240 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.0% 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA, PN CUSIP No. 250565108 SCHEDULE 13G Page 3 of 6 1 NAMES OF REPORTING PERSONS David E. Shaw 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 United States NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER -0- 6 SHARED VOTING POWER 2,402,940 7 SOLE DISPOSITIVE POWER -0- 8 SHARED DISPOSITIVE POWER 2,406,240 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,406,240 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.0% 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN CUSIP No. 250565108 SCHEDULE 13G Page 4 of 6 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 D. E. Shaw & Co., L.P. David E. Shaw (b) Address of Principal Business Office or, if none, Residence The business address for each reporting person is: Two Manhattan West 375 Ninth Avenue, 52nd Floor New York, NY 10001 (c) Citizenship D. E. Shaw & Co., L.P. is a limited partnership organized under the laws of the state of Delaware. David E. Shaw is a citizen of the United States of America. (d) Title of Class of Securities Class A Common Shares, without par value (e) CUSIP Number 250565108 Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a: Not Applicable Item 4. As of September 12, 2024: (a) Amount beneficially owned: D. E. Shaw & Co., L.P.: 2,406,240 shares This is composed of (i) 1,102,984 shares in the name of D. E. Shaw Valence Portfolios, L.L.C., (ii) 764,490 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., (iii) 278,600 shares in the name of D. E. Shaw Composite Portfolios, L.L.C., and (iv) 260,166 shares under the management of D. E. Shaw Investment Management, L.L.C. David E. Shaw: 2,406,240 shares This is composed of (i) 1,102,984 shares in the name of D. E. Shaw Valence Portfolios, L.L.C., (ii) 764,490 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., (iii) 278,600 shares in the name of D. E. Shaw Composite Portfolios, L.L.C., and (iv) 260,166 shares under the management of D. E. Shaw Investment Management, L.L.C. (b) Percent of class: D. E. Shaw & Co., L.P.: 5.0% David E. Shaw: 5.0% CUSIP No. 250565108 SCHEDULE 13G Page 5 of 6 (c) Number of shares to which the person has: (i) Sole power to vote or to direct the vote: D. E. Shaw & Co., L.P.: -0- shares David E. Shaw: -0- shares (ii) Shared power to vote or to direct the vote: D. E. Shaw & Co., L.P.: 2,402,940 shares David E. Shaw: 2,402,940 shares (iii) Sole power to dispose or to direct the disposition of: D. E. Shaw & Co., L.P.: -0- shares David E. Shaw: -0- shares (iv) Shared power to dispose or to direct the disposition of: D. E. Shaw & Co., L.P.: 2,406,240 shares David E. Shaw: 2,406,240 shares David E. Shaw does not own any shares directly. By virtue of David E. Shaw’s position as President and sole shareholder of D. E. Shaw & Co.