Form 4: Dillard's CEO William T. Dillard II Reports Stock Transaction

William T. Dillard II, CEO and Chairman of the Board of Dillard's, Inc., reports the acquisition and disposal of company stock.

Summary

• On April 30, 2024, William T. Dillard II, CEO and Chairman of the Board of Dillard's, Inc., reported a transaction involving Dillard's Class A Common Stock.
• Dillard acquired 824 shares at a price of $438.54 per share.
• Following the reported transaction, Dillard directly owns 916,595 shares.
• Dillard also indirectly owns 41,496 shares through W.D. Company, Inc., where he owns 27.4% and is a director and officer.
• W.D. Company, Inc. also holds 3,985,776 shares of Class B Common Stock, which are convertible into Class A Common Stock on a one-for-one basis.
• Additionally, Dillard indirectly owns 7,300 shares as a trustee of GST Trust.
• The reporting person disclaims beneficial ownership of the shares reported herein as indirectly beneficially owned, except to the extent of his pecuniary interest therein.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock transaction, with neutral 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 stock transactions by a company insider, which is common in the retail industry.

Stakeholder Impact

• The transaction may have a minor impact on shareholders, as insider transactions are often monitored for signals about the company's prospects.

Key Dates