DILLARD WILLIAM T II 4

What Happened
William T. Dillard II (reported as a 10% owner) received/acquired 23 shares of Dillard's, Inc. Class A common stock on 2026-06-29. The reported price per share is $545.93, for a total transaction value of approximately $12,556. This was an acquisition/award (transaction code A), not a sale.

Key Details

• Transaction date and price: 2026-06-29 — 23 shares at $545.93 each (total ≈ $12,556).
• Shares owned after transaction: the provided excerpt does not list a definitive total beneficial ownership after this specific transaction.
• Notable footnotes from the filing:
  • F1: The filer adjusted beneficial ownership to reflect 59 Class A shares transferred from a retirement plan to a brokerage account on 2026-06-17 (adjusted by one share for rounding).
  • F2: Some reported Class A shares are held by a trust for which the reporting person is trustee.
  • F3: Issuer Class B common stock is convertible one-for-one into Class A common stock.
• Filing timeliness: Report filed 2026-06-30 for a 2026-06-29 transaction — appears timely (no late filing flag shown).

Context
As a 10% owner, Dillard II is a principal shareholder rather than a typical executive-trader; such awards may reflect internal compensation, plan distributions, or ownership adjustments and do not by themselves signal near-term trading intent. The filing notes transfers between accounts and trust holdings; Class B shares (if any held) convert to Class A on a one-for-one basis.