[Form 4] Dillards Inc. Insider Trading Activity

Rhea-AI Filing Summary

Annemarie Jazic, Vice President of Dillard's, Inc. (DDS), reported a small open-market purchase of Class A common stock: 9 shares were acquired at $533.45 per share. After the reported transaction, Ms. Jazic directly beneficially owns 38,093 Class A shares and holds an additional 6,275 shares in a retirement plan. She also has indirect interests through trusts and family: 41,485 shares held in trust accounts, 250 shares owned by her spouse, and 9,419 shares as grantor for children's trust accounts.

The Form 4 discloses the ownership breakdown and the nature of indirect holdings (trustee, spouse, grantor) but contains no earnings, forward guidance, or other corporate operational information.

Insights

Securities Analyst

TL;DR: Routine insider purchase by an officer with modest economic value and clear indirect holdings disclosure.

The reported acquisition is immaterial in size relative to an institutional market; 9 shares at $533.45 each represent a modest personal purchase. The filing is useful for ownership transparency: it clarifies Ms. Jazic's direct holdings and several categories of indirect ownership (trust accounts, spouse, children's trusts and a retirement plan). For investors, this is a standard Section 16 disclosure rather than a material corporate development. No derivative positions or sales were reported, and no changes to control or governance are indicated.

Corporate Governance Expert

TL;DR: Disclosure meets Section 16 requirements and details beneficial ownership structure; not a material governance event.

The Form 4 provides the required transparency on beneficial ownership including roles (Vice President) and the nature of indirect holdings (trustee, spouse, grantor). The split between direct, retirement-plan, and trust-held shares is clearly disclosed, supporting oversight and insider-trading recordkeeping. There is no indication of coordinated group filings or any transaction types that would raise governance flags (e.g., transfers suggesting planned control shifts).

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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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^*

Jazic Annemarie

(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		9	A	$533.45	38,093	D
Common Class A - Retirement Plan								6,275	D
Common Class A								41,485(1)	I	See Footnote(1)
Common Class A								250(2)	I	See Footnote(2)
Common Class A								9,419(3)	I	See Footnote(3)

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 accounts.

2. Owned by Spouse

3. Grantor for shares held in children's trust accounts.

	/s/ Annemarie Jazic	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

Who filed the Form 4 for DDS?

Annemarie Jazic, Vice President of Dillard's, Inc., is the reporting person.

What transaction did the DDS insider report?

Acquired 9 Class A common shares at a reported price of $533.45 per share.

How many DDS shares does the reporting person beneficially own after the transaction?

Directly owns 38,093 Class A shares and holds 6,275 additional shares in a retirement plan.

Are there any indirect holdings disclosed for the DDS insider?

Yes. The filing shows 41,485 shares held in trust accounts (trustee), 250 shares owned by spouse, and 9,419 shares as grantor for children's trusts.

Did the Form 4 report any derivative transactions or sales?

No derivative securities, sales, or dispositions are reported in the provided content.