[Form 4] DILLARD'S, INC. Insider Trading Activity

Rhea-AI Filing Summary

Tom W. Bolin, Vice President of Dillard's, Inc. (DDS), reported a purchase of company stock on 09/29/2025. The filing shows an acquisition of 12 shares of Common Class A at a reported price of $622.50 per share. After the reported transaction, the filing shows 1,271 shares beneficially owned (direct) and 7,186 listed for a retirement plan.

Insights

Securities Compliance Analyst

TL;DR: Officer reported a small, routine purchase of 12 Common Class A shares on 09/29/2025.

The Form 4 documents a single non-derivative purchase by an officer, showing the transaction date, number of shares (12), and price ($622.50). Holdings after the trade are recorded as 1,271 shares directly and 7,186 associated with a retirement plan. This disclosure fulfills Section 16 reporting requirements and contains no additional details on intent, timing beyond the trade date, or other transactions.

Corporate Governance Expert

TL;DR: Disclosure is a standard insider filing reporting a modest acquisition and updated beneficial ownership counts.

The filing is limited to basic ownership changes: a reported acquisition of 12 Common Class A shares at $622.50 and updated beneficial ownership figures. There are no amendments, derivative transactions, or explanatory notes provided. The signature block indicates the report was signed on 10/01/2025 by the reporting person.

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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

BOLIN TOM W

(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)
	VICE PRESIDENT

3. Date of Earliest Transaction (Month/Day/Year)
09/29/2025

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	09/29/2025		A		12	A	$622.5	1,271	D
Common Class A - Retirement Plan								7,186	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/ Tom W. Bolin	10/01/2025
	** 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 did Dillard's (DDS) insider Tom W. Bolin report on Form 4?

Tom W. Bolin reported purchasing 12 shares of Common Class A on 09/29/2025 at a price of $622.50 per share.

How many shares does Tom W. Bolin beneficially own after the reported transaction?

The filing lists 1,271 shares beneficially owned (direct) following the reported transaction and 7,186 associated with a retirement plan.

Was the Form 4 filed jointly or by one reporting person?

The filing indicates it was filed by one reporting person (single reporting person checkbox marked).

What is the role of the reporting person at Dillard's?

The Form 4 identifies the reporting person as a Vice President and checks the box for Officer.

When was the Form 4 signed by the reporting person?

The signature block shows the form was signed by /s/ Tom W. Bolin on 10/01/2025.