STOCK TITAN

Dillard’s (NYSE: DDS) SVP holds 166,653 Class A shares

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DILLARD'S, INC. (DDS) reported that Senior Vice President and director Denise Dillard Mahaffy acquired 9 shares of Class A common stock on 2026-08-24 as a grant, award, or other acquisition at $638.19 per share, bringing her directly held Class A position to 166,653 shares.

She also directly holds 273,724 shares of Class B common stock, which are convertible into Class A on a one-for-one basis, and indirectly holds 7,300 Class A shares through a trust for which she serves as trustee. Beneficial ownership was adjusted to reflect that 60 Class A shares were transferred from her retirement plan to a brokerage account on 2026-08-04, leaving 0 Class A shares in the retirement-plan account.

Positive

  • None.

Negative

  • None.
Insider Mahaffy Denise Dillard
Role SENIOR VICE PRESIDENT
Type Security Shares Price Value
Grant/Award Common Class A F1 9 $638.19 $6K
holding Common Class B F3 -- -- --
holding Common Class A - Retirement Plan F1 -- -- --
holding Common Class A F2 -- -- --
Holdings After Transaction: Common Class A — 166,653 shares (Direct); Common Class B — 273,724 shares (Direct); Common Class A - Retirement Plan — 0 shares (Direct); Common Class A — 7,300 shares (Indirect, See Footnote)
Footnotes (3)
  1. F1. Form of Beneficial Ownership adjusted to reflect 60 shares of Dillard's, Inc (the "Issuer") Class A Common Stock that were transferred from the reporting person's retirement plan to a brokerage account on 08/04/26,
  2. F2. The amount reported represents shares of Issuer Class A Common Stock held by a trust for which the reporting person serves as trustee.
  3. 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.
Grant of Class A shares 9 shares Grant, award, or other acquisition on 2026-08-24
Grant price per Class A share $638.19 per share Value assigned to 9-share Class A acquisition on 2026-08-24
Direct Class A holdings after transaction 166,653 shares Class A common stock directly owned following 2026-08-24 acquisition
Direct Class B holdings 273,724 shares Class B common stock directly owned; convertible into Class A on a one-for-one basis
Indirect Class A holdings via trust 7,300 shares Class A common stock held by a trust for which the reporting person serves as trustee
Retirement plan transfer of Class A shares 60 shares Transferred from retirement plan to a brokerage account on 2026-08-04
Class A shares in retirement plan after adjustment 0 shares Class A holdings in retirement-plan account following 60-share transfer
Grant, award, or other acquisition financial
"Transaction code A described as Grant, award, or other acquisition"
Beneficial Ownership financial
"Form of Beneficial Ownership adjusted to reflect 60 shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Class B Common Stock financial
"Shares of Issuer Class B Common Stock are convertible"
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 financial
"Class B Common Stock are convertible at the option of any holder"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
Trustee financial
"held by a trust for which the reporting person serves as trustee"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.

FAQ

What insider transaction did DDS executive Denise Dillard Mahaffy report on this Form 4?

She reported a grant, award, or other acquisition of 9 shares of DILLARD'S, INC. Class A common stock on 2026-08-24 at a price of $638.19 per share, increasing her directly held Class A position to 166,653 shares.

How many DILLARD'S, INC. (DDS) Class A shares does Denise Dillard Mahaffy own after this transaction?

After the reported transaction, she directly owns 166,653 shares of DDS Class A common stock and indirectly holds an additional 7,300 Class A shares in a trust for which she serves as trustee. Her retirement plan now holds 0 Class A shares.

What is Denise Dillard Mahaffy’s Class B common stock position in DDS?

She directly holds 273,724 shares of DILLARD'S, INC. Class B common stock. According to the disclosure, these Class B shares are convertible into Class A common stock on a one-for-one basis and have no expiration date.

At what price was the DDS Class A stock awarded to Denise Dillard Mahaffy?

The acquisition of 9 DDS Class A shares reported by Denise Dillard Mahaffy was valued at $638.19 per share. The filing characterizes this as a grant, award, or other acquisition of non-derivative Class A common stock.

What change occurred to Denise Dillard Mahaffy’s DDS retirement plan holdings?

Beneficial ownership was adjusted to reflect that 60 shares of DDS Class A common stock were transferred from her retirement plan to a brokerage account on 2026-08-04, resulting in 0 shares of Class A common stock remaining in the retirement-plan account.

Are DDS Class B shares held by Denise Dillard Mahaffy convertible into Class A shares?

Yes. The filing states that shares of DDS Class B common stock are convertible at the option of any holder into Class A common stock on a one-for-one basis, and that the Class B common stock has no expiration date.

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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*
Mahaffy Denise Dillard

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
SENIOR VICE PRESIDENT
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/24/2026
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 A08/24/2026A9A$638.19166,653(1)D
Common Class A - Retirement Plan0(1)D
Common Class A7,300ISee 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Common Class B(3) (3) (3)Common Class A273,724273,724D
Explanation of Responses:
1. Form of Beneficial Ownership adjusted to reflect 60 shares of Dillard's, Inc (the "Issuer") Class A Common Stock that were transferred from the reporting person's retirement plan to a brokerage account on 08/04/26,
2. The amount reported represents shares of Issuer Class A Common Stock held by a trust for which the reporting person serves as trustee.
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/ Denise Dillard Mahaffy By: Julie Guymon, Attorney-in-Fact08/26/2026
** 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)