Dillard's (DDS) EVP and director reports new Class A share purchase

Rhea-AI Filing Summary

Dillard's, Inc. insider Drue Matheny, a director and Executive Vice President, reported a small open-market acquisition of company stock. On 12/29/2025, Matheny acquired 13 shares of Dillard's Common Class A stock at $632.11 per share.

Following this transaction, Matheny directly holds 400,975 shares of Common Class A through a retirement plan and an additional 35,479 Common Class A shares directly. The filing also notes indirect ownership of 7,300 shares held as trustee of GST Trust and 2,521 shares owned by Matheny's spouse.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider MATHENY DRUE

Role EXECUTIVE VICE PRESIDENT

Type	Security	Shares	Price	Value
Grant/Award	Common Class A	13	$632.11	$8K
holding	Common Class A - Retirement Plan	--	--	--
holding	Common Class A	--	--	--
holding	Common Class A	--	--	--

Holdings After Transaction: Common Class A — 400,975 shares (Direct); Common Class A - Retirement Plan — 35,479 shares (Direct); Common Class A — 7,300 shares (Indirect, See Footnote)

Footnotes (1)

1. Trustee of GST Trust Owned by spouse

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^*

MATHENY DRUE

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EXECUTIVE 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		13	A	$632.11	400,975	D
Common Class A - Retirement Plan								35,479	D
Common Class A								7,300(1)	I	See Footnote(1)
Common Class A								2,521(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. Trustee of GST Trust

2. Owned by spouse

	/s/ Drue Matheny	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.

FAQ

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

The filing reports that insider Drue Matheny, a director and Executive Vice President of Dillard's, Inc., acquired 13 shares of the company’s Common Class A stock on 12/29/2025.

At what price were the new Dillard's (DDS) shares acquired?

The 13 newly acquired Dillard's Common Class A shares were purchased at a price of $632.11 per share.

How many Dillard's (DDS) shares does the insider directly own after the transaction?

After the reported transaction, Drue Matheny directly owns 400,975 Dillard's Common Class A shares through a retirement plan and 35,479 additional Common Class A shares directly.

What indirect holdings of Dillard's (DDS) shares are disclosed?

The filing shows indirect ownership of 7,300 Dillard's Common Class A shares as trustee of GST Trust and 2,521 shares owned by Matheny’s spouse.

What is the reporting person’s role at Dillard's (DDS)?

The reporting person, Drue Matheny, is both a director and an officer, serving as Executive Vice President of Dillard's, Inc.

Is this Dillard's (DDS) insider filing made by one person or a group?

The document states that the form is filed by one reporting person, not by a group.