Dillard's (DDS) 10% Owner Mike Dillard Receives 10 Shares

What Happened
Mike Dillard, reported as a 10% owner of Dillard's, Inc. (DDS), received an award/acquisition of 10 shares of Issuer Class A Common Stock on 2026-08-24. The reported price per share is $638.19, for a total reported value of approximately $6,382. This transaction is an acquisition (award), not a sale.

Key Details

• Transaction date: 2026-08-24; Form 4 filed: 2026-08-26 (appears timely).
• Security: Issuer Class A Common Stock — 10 shares acquired at $638.19/share (total ≈ $6,382).
• Reporting status: Mike Dillard is listed as a 10% owner.
• Shares owned after transaction: Not specified in the provided excerpt.
• Footnotes of note:
  • F1: These shares are held by a trust for which the reporting person is the sole beneficiary and an immediate family member is the trustee.
  • F2: The issuer’s Class B common stock is convertible into Class A on a one-for-one basis (no expiration).

Context
This was a small award/acquisition (10 shares) rather than an open-market purchase or sale. Awards or transfers into trusts are common estate/planning or ownership-structure actions and do not necessarily signal a change in sentiment about the company. As a 10% owner, Dillard’s transactions reflect owner-level holdings rather than routine executive trading.