DILLARD WILLIAM T II 4

What Happened William T. Dillard II, CEO, Chairman of the Board and a director of Dillard's, received an award/acquisition of 16 shares of Dillard's Class A common stock on May 26, 2026. The shares were valued at $570.32 each for a total value of approximately $9,125. This transaction is reported under code "A" (award/grant), i.e., the insider received shares rather than selling or buying in the open market.

Key Details

• Transaction date and price: 2026-05-26; 16 shares at $570.32 per share (total ≈ $9,125).
• Filing date: Report filed 2026-05-28 (appears timely relative to the transaction date).
• Ownership after transaction: The filing discloses indirect holdings—W.D. Company, Inc. holds 3,985,776 Class B shares convertible one-for-one into Class A; the reporting person owns 27.4% of W.D. Company, Inc. The reporting person disclaims direct beneficial ownership except for his pecuniary interest.
• Footnotes: Shares are held by W.D. Company, Inc.; the reporting person is a director/officer of that entity. F2 notes trustee status of a GST Trust.
• Transaction type: Award/grant (code A) — not a purchase or sale, and not an option exercise.

Context An award of 16 shares is a small-value grant (≈ $9k) and is typically administrative or compensation-related rather than a strong market sentiment signal. The filing shows mostly indirect ownership through W.D. Company, Inc.; for larger insider-interest context, note the nearly 4 million Class B shares held by that entity (convertible to Class A). As always, awards are factual disclosures and do not necessarily indicate future company performance.