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Dillard's (NYSE: DDS) SVP Denise Mahaffy acquires additional company stock

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Form Type
4

Rhea-AI Filing Summary

Mahaffy Denise Dillard reported acquisition or exercise transactions in this Form 4 filing.

Dillard's, Inc. director and senior vice president Denise Dillard Mahaffy reported a grant of 10.0000 shares of Common Class A stock at $576.5700 per share on July 27, 2026, increasing her directly held Class A position to 166584.0000 shares.

She also reports direct holdings of 273724.0000 shares of Common Class B stock, convertible one-for-one into Class A with no expiration, plus 60.0000 shares of Class A in a retirement plan and 7300.0000 shares of Class A held by a trust for which she serves as trustee.

Positive

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Insider Mahaffy Denise Dillard
Role SENIOR VICE PRESIDENT
Type Security Shares Price Value
Grant/Award Common Class A 10 $576.57 $6K
holding Common Class B F2 -- -- --
holding Common Class A - Retirement Plan -- -- --
holding Common Class A F1 -- -- --
Holdings After Transaction: Common Class A — 166,584 shares (Direct); Common Class B — 273,724 shares (Direct); Common Class A - Retirement Plan — 60 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.
Granted Common Class A shares 10.0000 shares Grant, award, or other acquisition on 2026-07-27
Grant price per share $576.5700 per share Value assigned to the 10.0000-share Common Class A grant
Direct Class A holdings 166584.0000 shares Common Class A shares directly owned following the grant
Direct Class B holdings 273724.0000 shares Common Class B shares, convertible one-for-one into Class A
Retirement plan Class A 60.0000 shares Common Class A shares held in a retirement plan
Trust-held Class A 7300.0000 shares Common Class A shares held by a trust where Mahaffy is trustee
Common Class B financial
"Shares of Issuer Class B Common Stock are convertible at the option"
convertible financial
"Shares of Issuer Class B Common Stock are convertible at the option"
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.
Retirement Plan financial
"security_title: Common Class A - Retirement Plan"
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.

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

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FAQ

What insider transaction did Denise Dillard Mahaffy report for DDS?

Denise Dillard Mahaffy reported a grant of 10.0000 shares of Dillard's Common Class A stock at $576.5700 per share on July 27, 2026. This award increased her directly held Class A position to 166584.0000 shares after the transaction.

How many Dillard's Common Class A shares does Mahaffy hold after this Form 4?

After the reported grant, Mahaffy directly holds 166584.0000 shares of Dillard's Common Class A stock. In addition, she has 60.0000 shares in a retirement plan and 7300.0000 shares held indirectly through a trust where she serves as trustee.

What is Mahaffy’s reported Common Class B position in DDS?

Mahaffy reports direct ownership of 273724.0000 shares of Dillard's Common Class B stock. According to the disclosure, these Class B shares are convertible one-for-one into shares of Issuer Class A Common Stock and have no expiration date.

At what price was the DDS Common Class A stock granted to Mahaffy?

The reported grant to Mahaffy was valued at $576.5700 per share for 10.0000 shares of Dillard's Common Class A stock on July 27, 2026. The filing characterizes this as a grant, award, or other acquisition rather than a market purchase.

How are Mahaffy’s trust and retirement-plan DDS holdings structured?

Mahaffy reports 60.0000 shares of Dillard's Common Class A stock in a retirement plan and 7300.0000 shares held by a trust for which she serves as trustee. The trust-held shares are reported as indirect ownership in the disclosure.
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)
07/27/2026
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 A07/27/2026A10A$576.57166,584D
Common Class A - Retirement Plan60D
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 A273,724273,724D
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/ Denise Dillard Mahaffy By: Julie Guymon, Attorney-in-Fact07/29/2026
** 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)