Phillip R. Watts Acquires Shares in Dillard's, Inc.

On October 27, 2025, Phillip R. Watts, Senior Vice President of Dillard's, Inc., acquired 9 shares of the company's Common Class A stock at a price of $623.52 per share. Following this transaction, Watts owns a total of 8,914 shares of Common Class A stock. Additionally, Watts holds 10,317 shares of Common Class A - Retirement Plan. The transaction was reported in a Form 4 filing with the SEC, signed on October 29, 2025. This filing provides transparency into the trading activities of the company's executives and their ownership stakes in the company.