DILLARD ALEX 4

What Happened Alex Dillard, reported as a 10% owner of Dillard's, Inc. (DDS), received an award/other acquisition of 292 shares on January 30, 2026. The reported per-share value was $607.55, giving the grant a total reported value of $177,405. This filing is an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-30; per-share value: $607.55; total value: $177,405.
• Filing date (Form 4): 2026-02-03 — filed on the SEC deadline (timely).
• Ownership notes from the filing:
  • F1: Shares are held by W.D. Company, Inc.; Alex Dillard owns 27.9% of W.D. Company and is one of its directors/officers. W.D. Company holds 3,985,776 Class B shares convertible one-for-one into Class A shares.
  • F2: Trustee of GST Trust.
  • F3: Owned by spouse.
• The reporting person disclaims direct beneficial ownership of the reported shares, stating they are indirectly beneficially owned except for any pecuniary interest.

Context

• This is an award/grant to a 10% owner (institutional/ownership-related reporting), which differs from routine open-market buys or executive sales; such awards do not necessarily signal the insider's market view.
• No immediate sale or cashless exercise was reported — the filing documents an acquisition by grant.