Form 4: Dillard's CEO Reports Gift of Class A Common Stock

Dillard's CEO William T. Dillard II reported a gift of 81 Class A Common Stock shares.

Summary

• William T. Dillard II, CEO and Chairman of the Board of Dillard's, Inc. (DDS), reported a transaction on September 8, 2025.
• The transaction involved a gift (Code G) of 81 shares of Common Class A stock at a price of $0.
• Following this transaction, William T. Dillard II directly beneficially owns 896,954 shares of Common Class A stock.
• Indirect beneficial ownership includes 41,496 shares of Common Class A held by W.D. Company, Inc., where the reporting person owns 27.4% and serves as a director and officer.
• W.D. Company, Inc. also holds 3,985,776 shares of Class B Common Stock, convertible into Class A Common Stock on a one-for-one basis.
• An additional 7,300 shares of Common Class A are indirectly beneficially owned as Trustee of GST Trust.
• The reporting person disclaims beneficial ownership of the indirectly held shares, except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: A routine insider transaction (gift) with no material impact on the company's financial health or strategic direction.

Management Comments

• The reporting person disclaims beneficial ownership of the shares reported herein as indirectly beneficially owned, except to the extent of his pecuniary interest therein.

Stakeholder Impact

• Shareholders: Minimal to no direct impact due to the small number of shares involved in the gift transaction.
• Employees, Customers, Suppliers, Creditors: No direct impact from this insider transaction.

Key Dates

Keywords

Dillard's, DDS, William T. Dillard II, Insider Trading, Form 4, Stock Transaction, Common Stock, CEO, Director, Officer