Dillard's executive receives 17 shares in award

Q: How many DDS shares did William T. Dillard III acquire?

William T. Dillard III acquired 17 Common Class A shares on September 28, 2026, in a grant/award transaction. The reported price was $673.69 per share, and his direct Common Class A holdings following the transaction were 29,767 shares.

Q: Can DDS Class B shares convert into Class A shares?

Yes. Any holder may convert Class B Common Stock into Class A Common Stock on a one-for-one basis. Class B Common Stock has no expiration date.

Class B shares may be converted into Class A one-for-one at any holder's option and have no expiration date.

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Form Type

Rhea-AI Filing Summary

Dillard's, Inc. (DDS) Senior Vice President and director William T. Dillard III acquired 17 Common Class A shares on September 28, 2026, in a grant/award transaction; the reported price was $673.69 per share. His direct Common Class A holdings following the transaction were 29,767 shares. The report also lists 15,808 Common Class A shares in a retirement plan.

Class B holdings listed were 70,445 shares held directly, 38,472 shares held in trust for Dillard and his family, with Dillard serving as trustee, and 9,618 shares held by his spouse. Class B shares may be converted into Class A shares at any holder's option on a one-for-one basis and have no expiration date.

Insider Trade Summary

Grant/Award: 17 shares

Grant/Award 7 txns

Insider Dillard William T. III

Role SENIOR VICE PRESIDENT

Type	Security	Shares	Price	Value
Grant/Award	Common Class A	17	$673.69	$11K
holding	Common Class B ^F3	--	--	--
holding	Common Class B ^{F3, F1}	--	--	--
holding	Common Class B ^{F3, F2}	--	--	--
holding	Common Class A - Retirement Plan	--	--	--
holding	Common Class A ^F1	--	--	--
holding	Common Class A ^F2	--	--	--

Holdings After Transaction: Common Class A — 29,767 shares (Direct); Common Class B — 70,445 contracts (Direct); Common Class B — 48,090 contracts (Indirect, See Footnote); Common Class A - Retirement Plan — 15,808 shares (Direct); Common Class A — 203,220 shares (Indirect, See Footnote)

Footnotes (3)

F1. The amount reported represents shares held in trust for the benefit of the reporting person and his family, for which the reporting person serves as trustee.
F2. The amount reported represents shares held by the reporting person's spouse.
F3. Shares of Issuer Class B Common Stock are convertible at the option of any holder thereof into shares of Issuer Class A Common Stock on a one-for-one basis. Issuer Class B Common Stock has no expiration date.

Key Figures

Common Class A shares acquired: 17 shares Reported price per share: $673.69 per share Direct Common Class A holdings following transaction: 29,767 shares +4 more

7 metrics

Common Class A shares acquired 17 shares Grant/award transaction on September 28, 2026

Reported price per share $673.69 per share Grant/award transaction on September 28, 2026

Direct Common Class A holdings following transaction 29,767 shares Following the September 28, 2026 transaction

Common Class A shares in retirement plan 15,808 shares Reported September 28, 2026

Direct Class B shares 70,445 shares Reported September 28, 2026

Trust-held Class B shares 38,472 shares Held in trust for Dillard and his family; reported September 28, 2026

Spouse-held Class B shares 9,618 shares Reported September 28, 2026

Key Terms

Class B Common Stock, convertible at the option of any holder thereof, one-for-one basis

3 terms

Class B Common Stock financial

"Issuer Class B Common Stock are convertible at the option of any holder thereof"

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 at the option of any holder thereof financial

"convertible at the option of any holder thereof into shares of Issuer Class A Common Stock"

one-for-one basis financial

"convertible at the option of any holder thereof into shares of Issuer Class A Common Stock on a one-for-one basis"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many DDS shares did William T. Dillard III acquire?

William T. Dillard III acquired 17 Common Class A shares on September 28, 2026, in a grant/award transaction. The reported price was $673.69 per share, and his direct Common Class A holdings following the transaction were 29,767 shares.

Can DDS Class B shares convert into Class A shares?

Yes. Any holder may convert Class B Common Stock into Class A Common Stock on a one-for-one basis. Class B Common Stock has no expiration date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/29/2026 - 06:33 PM Accepted by SEC EDGAR 09/29/2026 - 06:33 PM

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 William T. III

(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)
	SENIOR VICE PRESIDENT

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/28/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Class A	09/28/2026		A		17	A	$673.69	29,767	D
Common Class A - Retirement Plan								15,808	D
Common Class A								189,465	I	See Footnote⁽¹⁾
Common Class A								13,755	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Class B	⁽³⁾							⁽³⁾	⁽³⁾	Common Class A	70,445		70,445	D
Common Class B	⁽³⁾							⁽³⁾	⁽³⁾	Common Class A	38,472		38,472	I	See Footnote⁽¹⁾
Common Class B	⁽³⁾							⁽³⁾	⁽³⁾	Common Class A	9,618		9,618	I	See Footnote⁽²⁾

Explanation of Responses:

1. The amount reported represents shares held in trust for the benefit of the reporting person and his family, for which the reporting person serves as trustee.

2. The amount reported represents shares held by the reporting person's spouse.

3. Shares of Issuer Class B Common Stock are convertible at the option of any holder thereof into shares of Issuer Class A Common Stock on a one-for-one basis. Issuer Class B Common Stock has no expiration date.

	/s/ William T. Dillard, III By: Michael I. Draper, Attorney-in-Fact	09/29/2026
	** 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)

Source: View Original Filing on SEC EDGAR