Form 4: Dillard's CEO William T. Dillard II Reports Share Transactions

Dillard's CEO, William T. Dillard II, reported the acquisition and disposal of company shares, including a grant of 424 shares and a disposal of 5,000 shares.

Summary

• William T. Dillard II, CEO and Chairman of the Board of Dillard's, Inc., filed a Form 4 detailing changes in his beneficial ownership of company stock.
• On April 8, 2024, Mr. Dillard disposed of 5,000 shares of Class A Common Stock at a price of $0.
• On January 31, 2025, Mr. Dillard acquired 424 shares of Class A Common Stock at a price of $469.18 per share.
• Following these transactions, Mr. Dillard directly owns 900,941 shares of Class A Common Stock.
• Mr. Dillard also indirectly owns 41,496 shares through W.D. Company, Inc. and 7,300 shares through a GST Trust.
• W.D. Company, Inc. holds an additional 3,985,776 shares of Class B Common Stock, which are convertible into Class A shares on a one-for-one basis.

Sentiment

Score: 5

Explanation: The document is a neutral report of share transactions by an executive, with no indication of positive or negative sentiment.

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.

Industry Context

This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of key executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
• The transactions reported are typical for executives who may receive stock grants or exercise options as part of their compensation.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the trading activity of the company's CEO.

Key Dates

Keywords

Dillard's, William T. Dillard II, Form 4, Beneficial Ownership, Share Transactions, Class A Common Stock, Class B Common Stock, Insider Trading