Dillard's (NYSE: DDS) president Alex Dillard adds 292 Class A shares

Rhea-AI Filing Summary

Dillard's, Inc. president, director, and 10% owner Alex Dillard reported acquiring 292 shares of Class A common stock on January 30, 2026 at $607.55 per share. Following this transaction, he holds 1,018,554 Class A shares directly, plus 14 Class A shares in a retirement plan.

He also reports indirect ownership of 41,496 Class A shares through W.D. Company, Inc., where he owns 27.9% and serves as a director and officer. W.D. Company, Inc. additionally holds 3,985,776 Class B shares, convertible into Class A on a one-for-one basis. Further indirect holdings include 7,300 Class A shares as trustee of a GST Trust and 36,572 Class A shares owned by his spouse. He disclaims beneficial ownership of indirectly held shares except to the extent of his pecuniary interest.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider DILLARD ALEX

Role PRESIDENT

Type	Security	Shares	Price	Value
Grant/Award	Common Class A	292	$607.55	$177K
holding	Common Class A	--	--	--
holding	Common Class A	--	--	--
holding	Common Class A	--	--	--
holding	Common Class A - Retirement Plan	--	--	--

Holdings After Transaction: Common Class A — 1,018,554 shares (Direct); Common Class A — 41,496 shares (Indirect, See Footnote); Common Class A - Retirement Plan — 14 shares (Direct)

Footnotes (1)

1. These shares are held by W.D. Company, Inc. The reporting person owns 27.9% 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. 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^*

DILLARD ALEX

(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	X	10% Owner
X	Officer (give title below)		Other (specify below)
	PRESIDENT

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

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	01/30/2026		A		292	A	$607.55	1,018,554	D
Common Class A								41,496	I	See Footnote(1)
Common Class A								7,300	I	See Footnote(2)
Common Class A								36,572	I	See Footnote(3)
Common Class A - Retirement Plan								14	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. These shares are held by W.D. Company, Inc. The reporting person owns 27.9% 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

3. Owned by Spouse.

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/ Alex Dillard	02/03/2026
	** 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.

FAQ

What insider transaction did Alex Dillard report for Dillard's (DDS)?

Alex Dillard reported acquiring 292 shares of Dillard's Class A common stock. The purchase occurred on January 30, 2026, at a price of $607.55 per share, increasing his directly held Class A stake to 1,018,554 shares, plus 14 shares in a retirement plan.

How many Dillard's (DDS) shares does Alex Dillard own directly after this filing?

After the reported transaction, Alex Dillard directly holds 1,018,554 shares of Dillard's Class A common stock. He also has 14 additional Class A shares in a retirement plan, as disclosed in the Form 4 covering transactions dated January 30, 2026.

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

Indirectly, Alex Dillard reports 41,496 Class A shares through W.D. Company, Inc., 7,300 Class A shares as trustee of a GST Trust, and 36,572 Class A shares owned by his spouse. He disclaims beneficial ownership of these except to the extent of his pecuniary interest.

What is W.D. Company, Inc.’s relationship to Dillard's (DDS) shares?

W.D. Company, Inc. holds 41,496 Dillard's Class A shares reported as indirectly owned and 3,985,776 Class B shares. Those Class B shares are convertible into Class A on a one-for-one basis. Alex Dillard owns 27.9% of W.D. Company, Inc. and is a director and officer.

What roles does Alex Dillard hold at Dillard's (DDS)?

Alex Dillard is a director, president, and a more than 10% owner of Dillard's, Inc. These roles are disclosed in the Form 4, which reports his recent acquisition of additional Class A common stock and details his direct and indirect shareholdings.

How does the Form 4 describe Alex Dillard’s beneficial ownership disclaimer?

The Form 4 states that Alex Dillard disclaims beneficial ownership of shares reported as indirectly owned, except to the extent of his pecuniary interest. This applies to holdings through W.D. Company, Inc., the GST Trust, and his spouse’s Dillard's Class A shareholdings.