DILLARD ALEX 4

What Happened
Alex Dillard, a reported 10% owner of Dillard's, Inc. (DDS), received an award/acquisition of 16 shares on May 26, 2026. The reported acquisition price per share was $570.32, for a total reported value of approximately $9,125. The filing characterizes this as an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-26; Price: $570.32 per share; Total value: ~$9,125.
• Transaction type: Award/Grant (code A) — shares were acquired, not sold.
• Shares owned after transaction: not specifically listed for Alex Dillard personally in the filing.
• Notable footnotes:
  • F1: These shares are held by W.D. Company, Inc.; Alex Dillard owns 27.9% of that company and is one of its directors/officers. W.D. Company, Inc. also holds 3,985,776 Class B shares convertible 1-for-1 into Class A.
  • F2: Trustee of GST Trust.
  • F3: Owned by spouse.
• Remarks: The reporting person disclaims direct beneficial ownership of the shares reported herein except to the extent of his pecuniary interest (i.e., indirect ownership).
• Timeliness: Report filed 2026-05-28 for a 2026-05-26 transaction — appears timely (no late filing indicated).

Context
This was a small award (≈$9k) relative to the large indirect holdings tied to W.D. Company, Inc. Awards/grants are typically compensation or internal allocations and do not necessarily signal buying or selling intent. Because Alex Dillard is a 10% owner and has indirect holdings via W.D. Company, Inc., this filing reflects ownership structure more than active market trading.