Dillard's (DDS) senior vice president acquires additional Class A stock

Rhea-AI Filing Summary

Dillard's, Inc. senior vice president Phillip R. Watts reported a small purchase of company stock. On 12/29/2025, he acquired 11 shares of Dillard's Class A common stock at a price of $632.11 per share. After this transaction, he beneficially owned 8,934 Class A shares directly. The filing also lists 10,322 Class A shares held in a retirement plan account. This is a routine insider ownership update rather than a major corporate event.

Insider Trade Summary

Net Buyer: 11 shares

Net Buy 2 txns

Insider Watts Phillip R.

Role SENIOR VICE PRESIDENT

Type	Security	Shares	Price	Value
Grant/Award	Common Class A	11	$632.11	$7K
holding	Common Class A - Retirement Plan	--	--	--

Holdings After Transaction: Common Class A — 8,934 shares (Direct); Common Class A - Retirement Plan — 10,322 shares (Direct)

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

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 →

Accepted by SEC EDGAR 12/30/2025 - 04:05 PM Learn about SEC filing dates

FAQ

What insider transaction did Dillard's (DDS) report in this Form 4?

The filing shows senior vice president Phillip R. Watts acquired 11 shares of Dillard's Class A common stock on 12/29/2025 at $632.11 per share.

What is Phillip R. Watts' role at Dillard's (DDS)?

Phillip R. Watts is reported as an officer of Dillard's, Inc., holding the title of Senior Vice President.

How many Dillard's (DDS) shares does the insider own after the reported trade?

After the transaction, the filing lists 8,934 Class A shares owned directly, and a separate line for 10,322 Class A shares held in a retirement plan account.

What type of security did the Dillard's (DDS) insider acquire?

The transaction involved Common Class A shares of Dillard's, Inc..

Were any derivative securities reported in this Dillard's (DDS) Form 4?

The section for derivative securities is included but shows no reported derivative transactions in the provided content.

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^*

Watts Phillip R.

(Last) (First) (Middle)

1600 CANTRELL RD

(Street)

LITTLE ROCK AR 72201

(City) (State) (Zip)

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)
	SENIOR VICE PRESIDENT

3. Date of Earliest Transaction (Month/Day/Year)
12/29/2025

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

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

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

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	12/29/2025		A		11	A	$632.11	8,934	D
Common Class A - Retirement Plan								10,322	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/ Phillip R. Watts	12/30/2025
	** 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.