Dillard's (NYSE: DDS) EVP awarded 160 shares, now holds 537,297

Rhea-AI Filing Summary

DILLARD'S, INC. executive vice president Mike Dillard reported an equity award of 160 shares of Common Class A stock, coded as a grant or award acquisition. The shares were valued at $594.31 per share, and his direct holdings increased to 537,297 Class A shares.

He also reports 60 Class A shares held in a retirement plan. Indirectly, 7,300 Class A shares are held with Dillard as trustee of the GST Trust, and 41,496 Class A shares are held by W.D. Company, Inc., where he owns 26.3% and serves as a director and officer. W.D. Company, Inc. also holds 3,985,776 Class B Common Stock shares, which are convertible into Class A on a one-for-one basis.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider DILLARD MIKE

Role EXECUTIVE VICE PRESIDENT

Type	Security	Shares	Price	Value
Grant/Award	Common Class A	160	$594.31	$95K
holding	Common Class A - Retirement Plan	--	--	--
holding	Common Class A	--	--	--
holding	Common Class A	--	--	--

Holdings After Transaction: Common Class A — 537,297 shares (Direct, null); Common Class A - Retirement Plan — 60 shares (Direct, null); Common Class A — 41,496 shares (Indirect, See Footnote)

Footnotes (1)

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. Trustee of GST Trust

Key Figures

Share grant: 160 shares Grant price: $594.31 per share Direct Class A holdings: 537,297 shares +5 more

8 metrics

Share grant 160 shares Common Class A grant/award to Mike Dillard

Grant price $594.31 per share Reported price for 160-share Class A award

Direct Class A holdings 537,297 shares Common Class A held directly after award

Retirement plan holdings 60 shares Common Class A in retirement plan

GST Trust holdings 7,300 shares Common Class A where Dillard is trustee

W.D. Company Class A holdings 41,496 shares Common Class A held by W.D. Company, Inc.

W.D. Company Class B holdings 3,985,776 shares Class B Common Stock convertible 1-for-1 into Class A

Ownership in W.D. Company, Inc. 26.3% Mike Dillard’s ownership stake in W.D. Company, Inc.

Key Terms

Grant, award, or other acquisition, Common Class A, Class B Common Stock, convertible into shares of Class A Common Stock, +2 more

6 terms

Grant, award, or other acquisition financial

"transaction code description: Grant, award, or other acquisition"

Common Class A financial

"security title listed as Common Class A in the transactions"

Class B Common Stock financial

"W. D. Company, Inc. also holds 3,985,776 shares of Class B Common Stock"

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 Common Stock financial

"Class B Common Stock, which are convertible into shares of Class A Common Stock"

Trustee of GST Trust financial

"footnote describes Dillard as Trustee of GST Trust"

indirect ownership financial

"transactions marked with ownership_type as indirect and I code"

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 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/27/2026

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	04/27/2026		A		160	A	$594.31	537,297	D
Common Class A - Retirement Plan								60	D
Common Class A								41,496(1)	I	See Footnote(1)
Common Class A								7,300(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. 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	04/29/2026
	** 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 Mike Dillard report at Dillard's (DDS)?

Mike Dillard reported receiving an equity award of 160 shares of Dillard’s Common Class A stock. The Form 4 classifies this as a grant or award acquisition at a reported price of $594.31 per share, increasing his direct ownership position.

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

After the reported grant, Mike Dillard directly holds 537,297 shares of Dillard’s Common Class A stock. This figure reflects his direct ownership position following the 160-share award at $594.31 per share as disclosed in the Form 4.

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

The filing shows 7,300 Dillard’s Class A shares held with Dillard as trustee of the GST Trust and 41,496 Class A shares held by W.D. Company, Inc. He owns 26.3% of W.D. Company, Inc. and is one of its directors and officers.

What is the significance of W.D. Company, Inc. in this Dillard's (DDS) Form 4?

W.D. Company, Inc. holds 41,496 Dillard’s Class A shares and 3,985,776 Class B Common Stock shares, convertible into Class A on a one-for-one basis. Mike Dillard owns 26.3% of W.D. Company, Inc. and serves as a director and officer there.

What price per share is associated with Mike Dillard’s share grant at Dillard's (DDS)?

The Form 4 reports a price of $594.31 per share for the 160-share Common Class A grant to Mike Dillard. This value is used in the filing to describe the equity award, which increased his direct holdings to 537,297 shares.

Does Mike Dillard hold any Dillard's (DDS) shares through a retirement plan?

Yes. The filing lists 60 shares of Dillard’s Common Class A stock held in a retirement plan as a direct holding. This position is separate from his larger direct stake of 537,297 Class A shares reported after the 160-share equity award.