Dillard's (DDS) senior VP adds 87 Class A shares at $607.55

Rhea-AI Filing Summary

Dillard's, Inc. senior vice president Phillip R. Watts reported acquiring additional Class A common stock. On January 30, 2026, he acquired 87 shares of Dillard's Class A common stock at $607.55 per share. After this transaction, he directly beneficially owned 9,021 Class A shares. The filing also shows a separate directly held position of 10,330 Class A shares in a retirement plan.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Watts Phillip R.

Role SENIOR VICE PRESIDENT

Type	Security	Shares	Price	Value
Grant/Award	Common Class A	87	$607.55	$53K
holding	Common Class A - Retirement Plan	--	--	--

Holdings After Transaction: Common Class A — 9,021 shares (Direct); Common Class A - Retirement Plan — 10,330 shares (Direct)

Footnotes (1)

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^*

Watts Phillip R.

(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)

	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		87	A	$607.55	9,021	D
Common Class A - Retirement Plan								10,330	D

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:

	/s/ Phillip R. Watts	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 Phillip R. Watts report?

Phillip R. Watts reported acquiring 87 shares of Dillard's Class A common stock on January 30, 2026, at $607.55 per share. This Form 4 filing reflects a routine insider share acquisition rather than a sale of existing holdings.

How many Dillard's (DDS) shares does Phillip R. Watts now beneficially own?

After the reported transaction, Phillip R. Watts directly beneficially owned 9,021 shares of Dillard's Class A common stock. The filing also shows 10,330 additional Class A shares held in a retirement plan, which are listed as directly owned as well.

What was the purchase price for the Dillard's shares acquired by Watts?

The 87 Dillard's Class A shares acquired by Phillip R. Watts were reported at a price of $607.55 per share. This price is the transaction value disclosed in the Form 4, indicating the per-share cost of the newly acquired stock.

What role does Phillip R. Watts hold at Dillard's, Inc. (DDS)?

Phillip R. Watts is identified as a senior vice president of Dillard's, Inc. in the filing. He is not listed as a director or 10% owner, but reports as an officer under Section 16 insider reporting requirements.

How are Dillard's retirement plan shares reported for Phillip R. Watts?

The filing lists a separate line for “Common Class A - Retirement Plan” with 10,330 shares beneficially owned following the reported date. These retirement plan shares are shown as directly owned, alongside his other Class A holdings.