Dillard's (DDS) Director Denise Mahaffy Dillard Receives 11-Share Award

What Happened

• Denise Mahaffy Dillard, Senior Vice President and director of Dillard's, received an award/acquisition of 11 shares of Issuer Class A Common Stock on 2026-09-28. The reported price per share was $673.69, for a total value of roughly $7,411. This transaction is reported as an award/acquisition (code A), not a sale.

Key Details

• Transaction date: 2026-09-28; filing date (Form 4): 2026-09-29 (timely filing).
• Price reported: $673.69 per share; total value ≈ $7,411.
• Shares owned after transaction: not specified in the provided data; the 11 shares are reported as held by a trust for which the reporting person is trustee (see footnote).
• Footnotes of note:
  • F1: These shares are held by a trust for which Mahaffy serves as trustee.
  • F2: Issuer Class B common shares (if relevant) convert one-for-one to Class A; Class B has no expiration.
• Transaction code: A (award/acquisition). No indication of a 10b5-1 plan, tax withholding, or late filing in the provided filing.

Context

• Awards like this are typically compensation or director-related grants and are different from open-market purchases; they do not necessarily signal a personal cash investment by the insider.
• The value here (~$7.4k) is relatively small compared with many insider trades, so it may have limited informational significance for investors.