STOCK TITAN

Dillard's (NYSE: DDS) EVP receives 11 Class A shares award

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DILLARD MIKE reported acquisition or exercise transactions in this Form 4 filing.

DILLARD'S, INC. executive vice president and director Mike Dillard reported a compensation-related award of 11 shares of Class A common stock on 2026-05-26 at $570.32 per share. This was coded as a grant or award, not an open-market purchase.

After this award, his directly held Class A shares total 537,308, plus 60 Class A shares held in a retirement plan. He also reports indirect holdings of 7,300 Class A shares through W.D. Company, Inc., where he owns 26.3% and serves as a director and officer, and 41,496 Class A shares as trustee of the GST Trust.

The footnotes state that W.D. Company, Inc. also holds 3,985,776 shares of Class B common stock that are convertible into Class A common stock on a one-for-one basis, providing additional indirect economic exposure linked to Dillard’s interest in that entity.

Positive

  • None.

Negative

  • None.
Insider DILLARD MIKE
Role EXECUTIVE VICE PRESIDENT
Type Security Shares Price Value
Grant/Award Common Class A 11 $570.32 $6K
holding Common Class A - Retirement Plan -- -- --
holding Common Class A -- -- --
holding Common Class A -- -- --
Holdings After Transaction: Common Class A — 537,308 shares (Direct); Common Class A - Retirement Plan — 60 shares (Direct); Common Class A — 41,496 shares (Indirect, See Footnote); Common Class A — 7,300 shares (Indirect, See Footnote (2))
Footnotes (2)
  1. F1. These shares are held by W.D. Company, Inc. The reporting person owns 26.3% 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
Awarded shares 11 shares Class A common stock grant on 2026-05-26
Award price per share $570.32/share Value per awarded Class A share
Direct Class A holdings 537,308 shares Direct Class A shares after award
Retirement plan holdings 60 shares Class A - Retirement Plan
Indirect Class A via W.D. Company, Inc. 7,300 shares Indirect ownership through W.D. Company, Inc.
Trust Class A holdings 41,496 shares Indirect as trustee of GST Trust
Convertible Class B held by W.D. Company, Inc. 3,985,776 shares Class B convertible 1-for-1 into Class A
Ownership in W.D. Company, Inc. 26.3% Dillard’s equity interest in W.D. Company, Inc.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Class A common stock financial
"security_title: Common Class A"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Class B Common Stock financial
"holds 3,985,776 shares of Class B Common Stock, which are convertible"
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 financial
"Class B Common Stock, which are convertible into shares of Class A"
indirect ownership financial
"direct_or_indirect: I, nature_of_ownership: See Footnote (2)"
Trustee of GST Trust financial
"footnote: Trustee of GST Trust"

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
Learn about SEC filing dates

FAQ

What insider transaction did Mike Dillard report at Dillard's (DDS)?

Mike Dillard reported receiving 11 shares of Dillard’s Class A common stock as a grant or award. This is a compensation-related acquisition, not an open-market purchase, and modestly increases his directly held Class A share position.

At what price were Mike Dillard’s awarded Dillard's (DDS) shares valued?

The 11 awarded Class A shares were valued at $570.32 per share. This price reflects the transaction value used in the filing and helps quantify the scale of the compensation-related equity grant he received on 2026-05-26.

How many Dillard's (DDS) shares does Mike Dillard hold directly after this filing?

After the reported award, Mike Dillard directly holds 537,308 Class A common shares, plus 60 Class A shares in a retirement plan. These positions reflect his personal direct economic stake separate from additional indirect and trust-related holdings disclosed.

What indirect Dillard's (DDS) holdings are associated with Mike Dillard?

He reports 7,300 Class A shares held through W.D. Company, Inc. and 41,496 Class A shares as trustee of the GST Trust. These positions represent indirect and fiduciary interests distinct from his direct personal share ownership in the company.

What is the significance of Dillard's Class B shares held by W.D. Company, Inc.?

Footnotes state W.D. Company, Inc. holds 3,985,776 Class B common shares, convertible into Class A on a one-for-one basis. Because Dillard owns 26.3% of that entity and is a director and officer, these holdings create additional indirect exposure.

Was Mike Dillard’s latest Dillard's (DDS) transaction a buy or a grant?

The filing characterizes the transaction as a grant, award, or other acquisition of 11 Class A shares, coded “A.” This indicates a compensation-related equity award rather than an open-market purchase initiated by Dillard in the public market.
SEC Form 4
FORM 4UNITED 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 MIKE

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
EXECUTIVE VICE PRESIDENT
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Class A05/26/2026A11A$570.32537,308D
Common Class A - Retirement Plan60D
Common Class A41,496(1)ISee Footnote(1)
Common Class A7,300(2)ISee 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares are held by W.D. Company, Inc. The reporting person owns 26.3% 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/ Mike Dillard By: Julie Guymon, Attorney-in-Fact05/28/2026
** Signature of Reporting PersonDate
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)