Dillard's (DDS) director receives 300-share equity grant under restricted stock plan

Rhea-AI Filing Summary

Connor William E II reported acquisition or exercise transactions in this Form 4 filing.

DILLARD'S, INC. director William E. Connor II received a stock grant of 300 shares of Class A common stock on May 28, 2026 at a value of $592.85 per share. The award was issued under the Dillard's, Inc. 2005 Non-Employee Director Restricted Stock Plan. After this grant, he directly holds 3,100 shares of Class A common stock. This is a compensation-related grant, not an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Connor William E II

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Class A	300	$592.85	$178K

Holdings After Transaction: Common Class A — 3,100 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 300 shares Grant value per share: $592.85 per share Shares held after grant: 3,100 shares

3 metrics

Shares granted 300 shares Class A common stock grant on May 28, 2026

Grant value per share $592.85 per share Value used for the 300-share award

Shares held after grant 3,100 shares Total direct Class A holdings post-transaction

Key Terms

Grant, award, or other acquisition, Restricted Stock Plan, Non-Employee Director

3 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Restricted Stock Plan financial

"Shares were granted pursuant to the Dillard's, Inc. 2005 Non-Employee Director Restricted Stock Plan"

A restricted stock plan is a program where a company grants employees or executives shares that are held back until certain conditions are met, such as staying with the company for a set period or hitting performance goals. Think of it like a reward that unlocks over time; for investors it matters because these grants can dilute existing ownership when they vest and signal management’s incentives and confidence in future performance.

Non-Employee Director financial

"Dillard's, Inc. 2005 Non-Employee Director Restricted Stock Plan"

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Form 4 Insider Transactions: What Each Field Means →

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^*

Connor William E 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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026

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	05/28/2026		A		300(1)	A	$592.85	3,100	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:

1. Shares were granted pursuant to the Dillard's, Inc. 2005 Non-Employee Director Restricted Stock Plan, as amended.

	/s/ William E. Connor, II By: Julie Guymon, Attorney-in-Fact	06/01/2026
	** 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) disclose for William E. Connor II?

Dillard's reported that director William E. Connor II received a grant of 300 shares of Class A common stock. The shares were awarded as compensation under the company’s 2005 Non-Employee Director Restricted Stock Plan, rather than being bought in the open market.

At what price were the granted Dillard's (DDS) shares valued?

The 300 Class A common shares granted to William E. Connor II were valued at $592.85 per share. This figure reflects the per-share value used for the award calculation on the grant date, as disclosed in the Form 4 transaction details.

How many Dillard's (DDS) shares does William E. Connor II hold after this grant?

Following the 300-share grant, William E. Connor II directly holds 3,100 shares of Dillard’s Class A common stock. This post-transaction holding figure comes from the Form 4 and shows his total direct ownership after the compensation award.

Was the Dillard's (DDS) Form 4 transaction an open-market purchase or a grant?

The Form 4 shows a grant or award acquisition, not an open-market purchase. The 300 shares were granted pursuant to Dillard’s 2005 Non-Employee Director Restricted Stock Plan, indicating a standard equity compensation award to a non-employee director.

What plan governed the Dillard's (DDS) share grant to William E. Connor II?

The share grant was made under the Dillard's, Inc. 2005 Non-Employee Director Restricted Stock Plan, as amended. This plan provides restricted stock awards to non-employee directors as part of their compensation package, according to the Form 4 footnote.