[Form 4] Dillards Inc. Insider Trading Activity

Rhea-AI Filing Summary

James D. Stockman, Vice President and Director of Dillard's, Inc. (DDS), reported an insider acquisition of 12 shares of Common Class A stock on 08/25/2025 at a reported price of $533.45 per share. After the transaction he beneficially owns 35,254 shares directly and an additional 21,093 shares in a retirement plan. The Form 4 is signed and dated 08/27/2025.

Positive

• Insider acquisition disclosed: 12 Common Class A shares purchased on 08/25/2025 at $533.45 per share
• Complete post-transaction ownership figures: 35,254 shares direct and 21,093 shares in a retirement plan are reported

Negative

• None.

Insights

Financial Analyst

TL;DR: A small insider purchase was reported; ownership levels remain disclosed but this filing is routine.

The Form 4 documents a purchase of 12 Common Class A shares by James D. Stockman at $533.45 on 08/25/2025, increasing his disclosed direct ownership to 35,254 shares with 21,093 shares held in a retirement plan. The filing contains standard Section 16 disclosure and provides clear post-transaction ownership figures; it does not include additional context on timing or intent.

Corporate Governance Expert

TL;DR: Disclosure complies with Section 16 reporting; transaction appears routine and properly reported.

The report is signed and dated and specifies the reporting person’s roles as Vice President and Director. It shows an acquisition coded as 'A' with explicit post-transaction beneficial ownership totals. From a governance and compliance perspective, the filing meets the required elements for transparency under the Exchange Act.

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^*

STOCKMAN JAMES D

(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)
08/25/2025

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	08/25/2025		A		12	A	$533.45	35,254	D
Common Class A - Retirement Plan								21,093	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/ James D. Stockman	08/27/2025
	** 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 James D. Stockman report on Form 4 for DDS?

He reported an acquisition of 12 Common Class A shares on 08/25/2025 at $533.45 per share and disclosed post-transaction ownership.

How many DDS shares does James D. Stockman beneficially own after the transaction?

The filing shows 35,254 shares held directly and 21,093 shares in a retirement plan following the reported transaction.

What roles does the reporting person hold at Dillard's (DDS)?

The Form 4 lists James D. Stockman as a Vice President and a Director of Dillard's, Inc.

When was the Form 4 signed and filed?

The signature block shows it was signed by James D. Stockman and dated 08/27/2025.

What transaction code was used on the Form 4?

The acquisition is reported with transaction code A (acquisition).