Dillard’s SVP-director reports 14-share purchase at $623.52

Rhea-AI Filing Summary

Dillard's, Inc. (DDS) reported an insider transaction by Senior Vice President and Director William T. Dillard III. On 10/27/2025, he acquired 14 shares of Common Class A at $623.52 per share.

Following the transaction, reported beneficial ownership included: 31,720 shares direct; 15,763 shares direct (Common Class A); 189,065 shares indirect as trustee for a family trust; and 13,655 shares indirect owned by spouse.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Dillard William T. III

Role SENIOR VICE PRESIDENT

Type	Security	Shares	Price	Value
Grant/Award	Common Class A	14	$623.52	$9K
holding	Common Class A - Retirement Plan	--	--	--
holding	Common Class A	--	--	--
holding	Common Class A	--	--	--

Holdings After Transaction: Common Class A — 31,720 shares (Direct); Common Class A - Retirement Plan — 15,763 shares (Direct); Common Class A — 189,065 shares (Indirect, See Footnote)

Footnotes (1)

1. Trustee on shares held in trust for the benefit of the reporting person and his family. Owned by Spouse

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^*

Dillard William T. III

(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)
10/27/2025

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	10/27/2025		A		14	A	$623.52	31,720	D
Common Class A - Retirement Plan								15,763	D
Common Class A								189,065(1)	I	See Footnote(1)
Common Class A								13,655(2)	I	See 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Trustee on shares held in trust for the benefit of the reporting person and his family.

2. Owned by Spouse

	/s/ William T. Dillard III	10/29/2025
	** 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 insider transaction was reported for DDS?

On 10/27/2025, a company insider acquired 14 Common Class A shares at $623.52 per share.

Who is the reporting person in this DDS Form 4?

The reporting person is William T. Dillard III, a Director and Senior Vice President.

How many DDS shares does the insider report holding directly after the trade?

Reported direct holdings include 31,720 shares and an additional 15,763 shares of Common Class A.

What indirect DDS holdings were disclosed?

Indirect holdings include 189,065 shares as trustee for a family trust and 13,655 shares owned by spouse.

What was the price paid in the reported DDS purchase?

The reported purchase price was $623.52 per share.

What security class was involved in the DDS transaction?

The transaction involved Common Class A shares of Dillard's, Inc.