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Dillard's, Inc. (DDS) reporting person Phillip R. Watts, a Senior Vice President and director, disclosed an insider sale. The Form 4 shows a transaction dated 09/17/2025 in which Mr. Watts disposed of 500 shares of Common Class A at a reported price of $0. Following the reported transaction, he is shown as directly owning 8,894 shares and holding 10,317 shares in a retirement plan. The form is signed 09/19/2025.