Dillard’s CEO awarded 495 DDS shares

DILLARD'S, INC. director and CEO William T. Dillard II reported a compensation-related acquisition of Common Class A shares.

Rhea-AI Filing Summary

DILLARD'S, INC. director and CEO William T. Dillard II reported a compensation-related acquisition of Common Class A shares. He received a grant of 495 Common Class A shares at a reference price of $594.31 per share and now holds 897,806 Common Class A shares directly. The filing also lists additional indirect holdings of 7,300 and 41,496 Common Class A shares. A related entity, W.D. Company, Inc., holds 3,985,776 shares of Class B Common Stock that are convertible into Class A Common Stock on a one-for-one basis.

Insider Trade Summary

Grant/Award: 495 shares

Grant/Award 4 txns

Insider DILLARD WILLIAM T II

Role CEO, CHAIRMAN OF BOARD

Type	Security	Shares	Price	Value
Grant/Award	Common Class A	495	$594.31	$294K
holding	Common Class A - Retirement Plan	--	--	--
holding	Common Class A	--	--	--
holding	Common Class A	--	--	--

Holdings After Transaction: Common Class A — 897,806 shares (Direct); Common Class A - Retirement Plan — 60 shares (Direct); Common Class A — 48,796 shares (Indirect, See Footnote)

Footnotes (2)

1. F1. These shares are held by W.D. Company, Inc. The reporting person owns 27.4% of W.D. Company, Inc. and is one of its directors and officers. W. D. Company, Inc. also holds 3,985,776 shares of Class B Common Stock, which are convertible into shares of Class A Common Stock on a one-for-one basis.
2. F2. Trustee of GST Trust

Key Figures

Shares granted: 495 shares Grant reference price: $594.31 per share Direct holdings after grant: 897,806 shares +3 more

6 metrics

Shares granted 495 shares Common Class A grant coded as award (A)

Grant reference price $594.31 per share Price per Common Class A share for 495-share grant

Direct holdings after grant 897,806 shares Common Class A shares held directly after transaction

Indirect holding block 1 7,300 shares Common Class A held indirectly, footnote-referenced

Indirect holding block 2 41,496 shares Common Class A held indirectly, footnote-referenced

Class B shares at W.D. Company, Inc. 3,985,776 shares Class B Common Stock convertible 1:1 into Class A

Key Terms

Grant, award, or other acquisition, Common Class A, Common Class A - Retirement Plan, Class B Common Stock, +2 more

6 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Common Class A financial

"security_title: Common Class A"

Common Class A - Retirement Plan financial

"security_title: Common Class A - Retirement Plan"

Class B Common Stock financial

"holds 3,985,776 shares of Class B Common Stock"

A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.

convertible into shares of Class A Common Stock financial

"Class B Common Stock, which are convertible into shares of Class A"

indirect ownership financial

"ownership_type: indirect; nature_of_ownership: See Footnote"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Dillard's (DDS) CEO William T. Dillard II report in this Form 4?

He reported a grant-type acquisition of Common Class A shares. The filing shows he received 495 shares as compensation and updated his direct and indirect holdings, without recording any open-market purchases or sales of Dillard’s stock.

How many Dillard's (DDS) shares did William T. Dillard II acquire and at what price?

He acquired 495 Common Class A shares in a grant at a reference price of $594.31 per share. This transaction is coded as a “Grant, award, or other acquisition,” indicating a compensation-related award rather than a market trade.

What are William T. Dillard II’s direct Dillard's (DDS) holdings after the grant?

After the grant, he directly holds 897,806 shares of Dillard’s Common Class A stock. This figure reflects his position following the 495-share award and does not include any indirect holdings through trusts or related entities.

What indirect Dillard's (DDS) holdings are reported for William T. Dillard II?

The filing lists indirect ownership of 7,300 and 41,496 Dillard’s Common Class A shares, both noted with a footnote. These shares are associated with W.D. Company, Inc. and a GST Trust, where he has roles described in the footnotes.

What does the Dillard's (DDS) Form 4 say about Class B Common Stock?

A related entity, W.D. Company, Inc., holds 3,985,776 shares of Class B Common Stock. The footnote states these Class B shares are convertible into Dillard’s Class A Common Stock on a one-for-one basis, highlighting a potential additional equity interest.

Was the Dillard's (DDS) Form 4 transaction an open-market trade?

No, the transaction is coded “A” for grant, award, or other acquisition. This indicates a compensation-related award of 495 Common Class A shares to William T. Dillard II, rather than an open-market purchase or sale on a stock exchange.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/29/2026 - 04:30 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

DILLARD WILLIAM T II

(Last) (First) (Middle)

1600 CANTRELL RD

(Street)

LITTLE ROCK ARKANSAS 72201

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
DILLARD'S, INC. [ DDS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO, CHAIRMAN OF BOARD

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Class A	04/27/2026		A		495	A	$594.31	897,806	D
Common Class A - Retirement Plan								60	D
Common Class A								41,496(1)	I	See Footnote(1)
Common Class A								7,300(2)	I	See Footnote(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares are held by W.D. Company, Inc. The reporting person owns 27.4% of W.D. Company, Inc. and is one of its directors and officers. W. D. Company, Inc. also holds 3,985,776 shares of Class B Common Stock, which are convertible into shares of Class A Common Stock on a one-for-one basis.

2. Trustee of GST Trust

Remarks:

The reporting person disclaims beneficial ownership of the shares reported herein as indirectly beneficially owned, except to the extent of his pecuniary interest therein.

	/s/ William T. Dillard II	04/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)