Insider Denise Mahaffy boosts Dillard's (NYSE: DDS) stake with 90 shares

Rhea-AI Filing Summary

Dillard's, Inc. senior vice president and director Denise Dillard Mahaffy increased her stake in the company. On 01/30/2026 she acquired 90 shares of Dillard's Common Class A stock at $607.55 per share, bringing her directly held balance to 163,615 shares.

She also directly holds 9 shares of Common Class A through a retirement plan. In addition, she is reported as indirectly beneficially owning 7,300 Common Class A shares as trustee of the GST Trust.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Mahaffy Denise Dillard

Role SENIOR VICE PRESIDENT

Type	Security	Shares	Price	Value
Grant/Award	Common Class A	90	$607.55	$55K
holding	Common Class A - Retirement Plan	--	--	--
holding	Common Class A	--	--	--

Holdings After Transaction: Common Class A — 163,615 shares (Direct); Common Class A - Retirement Plan — 9 shares (Direct); Common Class A — 7,300 shares (Indirect, See Footnote)

Footnotes (1)

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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^*

Mahaffy Denise Dillard

(Last) (First) (Middle)

1600 CANTRELL RD

(Street)

LITTLE ROCK AR 72201

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	01/30/2026		A		90	A	$607.55	163,615	D
Common Class A - Retirement Plan								9	D
Common Class A								7,300(1)	I	See 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Trustee of GST Trust

	/s/ Denise Dillard Mahaffy	02/03/2026
	** 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.

FAQ

What insider transaction did DDS executive Denise Dillard Mahaffy report?

Denise Dillard Mahaffy reported acquiring 90 shares of Dillard's Common Class A stock. The transaction occurred on January 30, 2026, at a price of $607.55 per share, increasing her directly held position to 163,615 shares according to the reported ownership details.

What is Denise Dillard Mahaffy’s role at Dillard's (DDS)?

Denise Dillard Mahaffy is a director and senior vice president at Dillard's, Inc. The filing identifies her as both a board member and an officer, reflecting a senior leadership role with direct and indirect ownership of the company’s Common Class A shares.

How many DDS shares does Mahaffy own directly after this transaction?

After acquiring 90 additional shares, Mahaffy directly owns 163,615 Dillard's Common Class A shares. She also has 9 shares held through a retirement plan, which are reported as directly owned, according to the beneficial ownership table in the insider transaction disclosure.

What indirect DDS share ownership is reported for Mahaffy?

Mahaffy is reported as indirectly beneficially owning 7,300 Dillard's Common Class A shares. The explanation notes she is trustee of the GST Trust, and these shares are attributed to her as indirect ownership associated with that trust relationship in the filing.

At what price were the newly acquired DDS shares reported?

The 90 newly acquired Dillard's Common Class A shares were reported at a price of $607.55 per share. This per-share price is listed in the transaction details for the January 30, 2026 acquisition coded as an "A" transaction in the ownership table.

Does the DDS insider filing show any derivative securities for Mahaffy?

The disclosure’s derivative securities table shows no derivative positions for Mahaffy. It lists column headers for options and other derivatives but contains no reported derivative acquisitions, dispositions, or holdings, focusing instead on her Common Class A share ownership details.