Digital emphasis is on some discs, and de-emphasis should be applied by the transport ( I think ) before the signal is sent on to the DAC in those cases. If for some reason it isn’t then you’ll hear a bright sibilance. It may be that the DAC actually does the de-emphasis. I have a digital in-out box that I think allows me to strip the emphasis info from the signal so the DAC doesn’t know to apply de-emphasis. When I do that, discs that have emphasis sound too bright and sibilant. So it’s possible that the new transport is not sending the de-emphasis signal to the DAC. Anybody who knows more about emphasis de-emphasis feel free to correct me.
According to this site the transport should flag that the signal has emphasis, and then the DAC sees that flag and applies de-emphasis. This doesn’t always work between transports and DACs. https://whitefiles.org/tec/pgs/h13e.htm