Dillard's (NYSE: DDS) director sells 400 shares at $609.18

Rhea-AI Filing Summary

DILLARD'S, INC. director J C Watts Jr reported an open-market sale of 400 shares of Common Class A stock. The shares were sold at a price of $609.18 per share. After this transaction, his directly held position reported in the filing is 10,150 shares of Common Class A.

Insider Trade Summary

Net Seller: 400 shares ($243,672)

Net Sell 1 txn

Insider WATTS J C JR

Role null

Sold 400 shs ($244K)

Type	Security	Shares	Price	Value
Sale	Common Class A	400	$609.18	$244K

Holdings After Transaction: Common Class A — 10,150 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 400 shares Sale price per share: $609.18 per share Shares owned after transaction: 10,150 shares +1 more

4 metrics

Shares sold 400 shares Open-market sale of Common Class A

Sale price per share $609.18 per share Open-market sale transaction code S

Shares owned after transaction 10,150 shares Directly held Common Class A following sale

Net share change -400 shares Net-sell direction from transaction summary

Key Terms

open-market sale, Common Class A, transaction code S, Form 4

4 terms

open-market sale financial

"The transaction is described as an open-market sale of Common Class A shares."

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Class A financial

"The security title involved in the transaction is listed as Common Class A."

transaction code S financial

"The Form 4 labels the sale with transaction code S for a sale transaction."

Form 4 regulatory

"The insider trading activity is disclosed in a Form 4 filing."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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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^*

WATTS J C JR

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Class A	06/05/2026		S		400	D	$609.18	10,150	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/ J.C. Watts, Jr. By: Julie Guymon, Attorney-in-Fact	06/05/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Dillard's (DDS) report for J C Watts Jr?

Dillard's reported that director J C Watts Jr executed an open-market sale of 400 shares of Common Class A stock at $609.18 per share, as disclosed in a Form 4 insider trading filing.

How many Dillard's (DDS) shares did J C Watts Jr sell and at what price?

J C Watts Jr sold 400 shares of Dillard's Common Class A stock. The Form 4 states the sale price was $609.18 per share in an open-market transaction on the reported date.

How many Dillard's (DDS) shares does J C Watts Jr hold after this sale?

Following the reported sale, J C Watts Jr directly holds 10,150 shares of Dillard's Common Class A stock, according to the post-transaction ownership figure disclosed in the Form 4 filing.

Was the Dillard's (DDS) insider transaction an open-market sale?

Yes. The Form 4 describes the transaction as an open-market sale of Common Class A shares, coded as “S” and labeled an open-market or private sale, at a price of $609.18 per share.

What type of security was involved in the Dillard's (DDS) Form 4 transaction?

The transaction involved Dillard's Common Class A stock. The Form 4 lists the security title as “Common Class A” and shows a non-derivative transaction affecting the director’s directly held share position.