Dillard's (DDS) SVP Phillip R. Watts Receives 10-Share Award

What Happened
Phillip R. Watts, Senior Vice President of Dillard's, Inc. (DDS), was granted 10 shares on 2026-09-28. The award price is reported as $673.69 per share, for a total value of approximately $6,737. This transaction is an acquisition via award (Form 4 transaction code A), not a market purchase or sale.

Key Details

• Transaction date: 2026-09-28; filing date: 2026-09-29 (filed promptly within reporting window).
• Shares acquired: 10 at $673.69 each; total value ≈ $6,737.
• Transaction code: A (award/grant/other acquisition).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• No footnotes (e.g., 10b5-1, tax withholding) were indicated in the transaction details provided.

Context
This was a small-value compensation award rather than an open-market buy or sale. Awards to executives are common as part of pay plans and do not necessarily signal a change in insider sentiment. Because the filing appears timely and the amount is modest, this item is primarily a routine disclosure of executive compensation rather than a material insider bet on the stock.