DILLARD'S (DDS) VP Brant Musgrave reports small 11-share stock grant

Rhea-AI Filing Summary

MUSGRAVE BRANT reported acquisition or exercise transactions in this Form 4 filing.

DILLARD'S, INC. corporate vice president of stores Brant Musgrave reported a small equity award in company stock. On May 26, 2026, he received 11 shares of Common Class A as a grant or award at $570.32 per share, increasing his direct Common Class A holdings to 3,332 shares. The filing also shows 8,500 shares of Common Class A held in a retirement plan, reported as a separate direct holding. These transactions reflect routine compensation-related equity, not open‑market buying or selling.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider MUSGRAVE BRANT

Role CORPORATE VP STORES

Type	Security	Shares	Price	Value
Grant/Award	Common Class A	11	$570.32	$6K
holding	Common Class A - Retirement Plan	--	--	--

Holdings After Transaction: Common Class A — 3,332 shares (Direct, null); Common Class A - Retirement Plan — 8,500 shares (Direct, null)

Footnotes (1)

Key Figures

Grant size: 11 shares Grant value per share: $570.32 per share Direct Common Class A holdings: 3,332 shares +1 more

4 metrics

Grant size 11 shares Common Class A grant on May 26, 2026

Grant value per share $570.32 per share Value reported for 11-share grant

Direct Common Class A holdings 3,332 shares Shares directly held after grant

Retirement plan holdings 8,500 shares Common Class A - Retirement Plan holding entry

Key Terms

Grant, award, or other acquisition, Common Class A, Retirement Plan, Form 4

4 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Common Class A financial

"security_title: Common Class A"

Retirement Plan financial

"security_title: Common Class A - Retirement Plan"

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

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.

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^*

MUSGRAVE BRANT

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026

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	05/26/2026		A		11	A	$570.32	3,332	D
Common Class A - Retirement Plan								8,500	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/ Brant Musgrave By: Julie Guymon, Attorney-in-Fact	05/28/2026
	** 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 Brant Musgrave?

Brant Musgrave reported receiving 11 shares of DILLARD'S Common Class A stock as a grant or award. The Form 4 shows this compensation-related acquisition occurred on May 26, 2026, rather than an open-market purchase or sale of existing shares.

How many DDS shares does Brant Musgrave hold after this Form 4 filing?

After the reported transactions, Brant Musgrave directly holds 3,332 shares of DILLARD'S Common Class A stock. The filing also lists 8,500 additional Common Class A shares held in a retirement plan, providing a view of his total reported equity exposure.

Was the DDS insider transaction by Brant Musgrave a stock purchase or a grant?

The transaction was a grant or award, not an open-market purchase. The Form 4 classifies the 11-share acquisition under a grant, award, or other acquisition code, indicating it is part of compensation rather than a discretionary stock market trade.

What price is reported for Brant Musgrave’s DDS stock grant?

The 11-share grant of DILLARD'S Common Class A to Brant Musgrave is reported at $570.32 per share. This figure reflects the value used for the compensation-related acquisition noted in the Form 4, rather than a traditional open-market purchase price.

Does the DDS Form 4 for Brant Musgrave show any stock sales?

The Form 4 does not report any stock sales by Brant Musgrave. It shows one compensation-related acquisition of 11 Common Class A shares and a holding entry for 8,500 Common Class A shares in a retirement plan, with no sell transactions disclosed.