Dillard's (DDS) 10% Owner Mike Dillard Receives 12-Share Award

What Happened Mike Dillard, reported as a 10% owner of Dillard's, Inc. (DDS), received an award/acquisition of 12 shares of Issuer Class A Common Stock on 2026-09-28. The filing lists a price of $673.69 per share, for a total value of approximately $8,084. The transaction is reported on Form 4 under transaction code "A" (grant, award or other acquisition).

Key Details

• Transaction date and price: 2026-09-28 — 12 shares at $673.69 each.
• Total value: ~$8,084.
• Transaction type: A (award/grant/other acquisition).
• Shares owned after transaction: Not specified in the filing.
• Timeliness: Report filed 2026-09-29 (timely, one day after the reported transaction).
• Footnotes:
  • F1: Shares reported are held by a trust for which Mr. Dillard is the sole beneficiary and an immediate family member is trustee.
  • F2: Class B common stock is convertible into Class A on a one-for-one basis; Class B has no expiration.

Context This was a small acquisition (award/grant) by a 10% owner rather than a routine open-market buy or sale by an executive. Awards to trusts or transfers within affiliated trusts are common and do not necessarily signal broader insider buying or selling intentions. The filing contains no indication of sale, option exercise, tax withholding, or a 10b5-1 plan.