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Dillard's CEO gifts 50,000 Class A shares

A trust for which Dillard serves as trustee held 7,300 Common Class A shares; the directly held Class B shares are convertible one-for-one into Class A.

(Neutral)

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Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

Rhea-AI Filing Summary

Dillard's, Inc. (DDS) CEO and Chairman of the Board William T. Dillard II reported a bona fide gift transfer of 50,000 Common Class A shares on October 22, 2026. His directly held Common Class A position after the transfer was 857,948 shares. He also reported 960,246 directly held Common Class B shares, convertible at the holder's option into Common Class A on a one-for-one basis, with no expiration date. Separately, a trust for which he serves as trustee held 7,300 Common Class A shares.

Insider DILLARD WILLIAM T II
Role CEO, CHAIRMAN OF BOARD
Type Security Shares Price Value
Gift Common Class A 50,000 $0.00 $0.00
holding Common Class B F2 -- -- --
holding Common Class A - Retirement Plan -- -- --
holding Common Class A F1 -- -- --
Holdings After Transaction: Common Class A — 857,948 shares (Direct); Common Class B — 960,246 contracts (Direct); Common Class A - Retirement Plan — 0 shares (Direct); Common Class A — 7,300 shares (Indirect, See Footnote)
Footnotes (2)
  1. F1. The amount reported represents shares of Issuer Class A Common Stock held by a trust for which the reporting person serves as trustee.
  2. F2. 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.
Gift transfer 50,000 Common Class A shares October 22, 2026
Directly held Common Class A after transfer 857,948 shares After the October 22, 2026 gift transfer
Directly held Common Class B 960,246 shares Convertible into Common Class A on a one-for-one basis
Common Class A held by trust 7,300 shares Trust for which William T. Dillard II serves as trustee
bona fide gift financial
"Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
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 ... on a one-for-one basis"

FAQ

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How many DDS shares did William T. Dillard II give as a gift?

William T. Dillard II reported a bona fide gift transfer of 50,000 Common Class A shares on October 22, 2026, leaving a directly held Common Class A position of 857,948 shares.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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 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)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
CEO, CHAIRMAN OF BOARD
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Class A10/22/2026G50,000D$0857,948D
Common Class A - Retirement Plan0D
Common Class A7,300ISee Footnote(1)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Common Class B(2) (2) (2)Common Class A960,246960,246D
Explanation of Responses:
1. The amount reported represents shares of Issuer Class A Common Stock held by a trust for which the reporting person serves as trustee.
2. 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, II By: Julie Guymon, Attorney-in-Fact10/23/2026
** Signature of Reporting PersonDate
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)

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