Dillard's shareholders approve merger with W.D. Company, issuing 4M shares to Dillard family

Filed June 1, 2026 · Period ending May 28, 2026 · ~1 min read

Key Changes

• high

  Shareholders voted 99.8% in favor of merging with W.D. Company, Inc., with Dillard's surviving. The transaction fundamentally restructures ownership and was approved March 20, 2026.

  Item 5.07 verify on EDGAR →
• high

  Approved issuance of up to 41,496 Class A shares and 3,985,776 Class B shares to complete the merger, diluting existing shareholders. Class B shares carry different voting rights than Class A.

  Item 5.07 verify on EDGAR →
• medium

  Elected nine Class B directors including four Dillard family members (Alex, Mike, William II, William III) and five Class A directors. Board composition reflects post-merger ownership structure.

  Item 5.07 verify on EDGAR →