Dillard's (DDS) 10% Owner Alex Dillard Receives 14-Share Award

What Happened

• Alex Dillard, reported as a 10% owner of Dillard's, Inc. (DDS), was granted/acquired 14 shares of Issuer Class A Common Stock on 2026-08-24.
• The reported price per share was $638.19, for a total value of approximately $8,935. This filing records an acquisition/award (transaction code A), not a sale.

Key Details

• Transaction date and price: 2026-08-24 at $638.19 per share (14 shares; ~$8,935 total).
• Filing date: Form 4 filed 2026-08-26 (two days after the transaction), which is generally within the SEC’s two-business-day reporting window.
• Shares owned after the transaction: not specified in the filing.
• Footnotes of note:
  • F1: These Class A shares are held by a trust for which Alex Dillard serves as trustee.
  • F2: Some shares are reported as held by the reporting person's spouse.
  • F3: The issuer’s Class B common stock is convertible into Class A on a one-for-one basis (background on share classes).
• Transaction type: Code A (award/grant/other acquisition), not an open-market purchase or sale.

Context

• As a 10% owner, Alex Dillard is a major shareholder; such internal allocations or awards can reflect ownership structuring rather than routine market trading and do not, by themselves, indicate a buy/sell signal.
• The award was for Class A shares. The filing notes conversion rules for Class B shares (convertible one-for-one to Class A), which is informational about the company’s share classes rather than this specific transaction.