Dillard's (DDS) VP Brant Musgrave reports new stock grant in Form 4

Rhea-AI Filing Summary

MUSGRAVE BRANT reported acquisition or exercise transactions in this Form 4 filing.

DILLARD'S, INC. corporate VP of stores Brant Musgrave reported a compensation-related grant of 10 shares of Common Class A at $545.93 per share. After this grant, he directly holds 3,342 Common Class A shares, plus 8,510 shares held in a retirement plan account.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider MUSGRAVE BRANT

Role CORPORATE VP STORES

Type	Security	Shares	Price	Value
Grant/Award	Common Class A	10	$545.93	$5K
holding	Common Class A - Retirement Plan	--	--	--

Holdings After Transaction: Common Class A — 3,342 shares (Direct, null); Common Class A - Retirement Plan — 8,510 shares (Direct, null)

Footnotes (1)

Key Figures

Share grant size: 10 shares Grant price: $545.93 per share Direct holdings after grant: 3,342 shares +1 more

4 metrics

Share grant size 10 shares Common Class A grant to Brant Musgrave

Grant price $545.93 per share Value reported for 10-share grant

Direct holdings after grant 3,342 shares Common Class A held directly after transaction

Retirement plan holdings 8,510 shares Common Class A – Retirement Plan holding entry

Key Terms

Grant, award, or other acquisition, Common Class A, Retirement Plan

3 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Common Class A financial

"security_title: Common Class A"

Retirement Plan financial

"security_title: Common Class A - Retirement Plan"

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/30/2026 - 05:02 PM Accepted by SEC EDGAR 06/30/2026 - 05:01 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^*

MUSGRAVE BRANT

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CORPORATE VP STORES

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026

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	06/29/2026		A		10	A	$545.93	3,342	D
Common Class A - Retirement Plan								8,510	D

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:

	/s/ Brant Musgrave By: Michael I. Draper, Attorney-in-Fact	06/30/2026
	** 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)

FAQ

What insider transaction did DILLARD'S (DDS) report for Brant Musgrave?

Brant Musgrave, a corporate VP at DILLARD'S, reported receiving 10 shares of Common Class A stock as a grant. The shares were valued at $545.93 each, indicating a routine compensation-related equity award rather than an open-market purchase.

Was the DILLARD'S (DDS) Form 4 transaction a stock purchase or a grant?

The Form 4 shows a grant/award acquisition, not an open-market purchase. Musgrave received 10 Common Class A shares under transaction code A, which denotes a grant, award, or other acquisition typically linked to compensation programs.

How many DILLARD'S (DDS) shares does Brant Musgrave hold after this filing?

After the reported grant, Musgrave directly holds 3,342 Common Class A shares. In addition, a separate retirement plan account shows 8,510 Common Class A shares, giving investors a clearer view of his total reported equity exposure to DILLARD'S.

What was the reported price for the DILLARD'S (DDS) share grant?

The 10-share grant of DILLARD'S Common Class A stock was reported at $545.93 per share. This price reflects the value used for the Form 4 disclosure and helps approximate the dollar size of the compensation-related equity award.

Does the DILLARD'S (DDS) Form 4 show any insider stock sales?

The Form 4 does not report any stock sales for Brant Musgrave. It shows one grant of 10 Common Class A shares and a separate holding entry for 8,510 shares in a retirement plan, with no sale transactions disclosed in this filing.