Dillard's (DDS) SVP Phillip R. Watts Gifts 400 Shares

What Happened

• Phillip R. Watts, Senior Vice President of Dillard's, Inc. (DDS), reported a gift disposition of 400 shares on 2026-09-04. The Form 4 lists the transaction as a gift (transaction code G) with a reported price of $0.00 per share, so no cash proceeds are shown.

Key Details

• Transaction date: 2026-09-04
• Transaction type/code: Gift (G) — 400 shares disposed
• Price reported: $0.00 per share; total reported value $0
• Filing: Form 4 filed 2026-09-04 (Accession No. 0001626240-26-000014)
• Shares owned after transaction: not specified in the provided filing excerpt
• Footnotes/plan: none noted in the provided information
• Timeliness: filed the same day as the reported transaction

Context

• Gifts are disposals for reporting purposes and do not necessarily reflect the insider's view of the stock; they are commonly used for personal or estate planning, family transfers, or charitable giving. Because this is a gift (not a purchase), it should not be interpreted as a bullish insider buy signal.