Form 4: Dillard's Director Robert Connor Acquires 400 Shares of Common Stock
SEC Form 4 Filing
Robert Connor, a director at Dillard's, Inc., acquired 400 shares of the company's common stock at a price of $414.49 per share on May 17, 2025, bringing his total holdings to 78,400 shares.
Summary
- On May 17, 2025, Robert C. Connor, a director of Dillard's, Inc., acquired 400 shares of Dillard's common stock.
- The shares were purchased at a price of $414.49 per share.
- This transaction increased Connor's direct ownership to 78,400 shares.
- The acquisition was made under the Dillard's, Inc. 2005 Non-Employee Director Restricted Stock Plan, as amended.
Sentiment
Score: 7
Explanation: Director's stock purchase generally indicates positive sentiment towards the company's prospects, but it's a routine transaction under a pre-existing plan.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Director stock purchases are common and closely watched as indicators of management's sentiment about the company's prospects. This purchase aligns with standard practices for director compensation and investment.
Comparison to Industry Standards
- Director stock ownership is a common practice across publicly traded companies.
- Companies like Macy's (M) and Nordstrom (JWN) also have similar stock ownership guidelines for their directors.
- The Dillard's, Inc. 2005 Non-Employee Director Restricted Stock Plan is similar to equity compensation plans offered by other retailers to align director interests with shareholder value.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/17/2025 | Date of stock acquisition by Robert Connor |
| 05/19/2025 | Date of signature on the Form 4 filing |
Keywords
Dillard's, Robert Connor, Director, Stock Acquisition, Form 4, Beneficial Ownership, DDS, Non-Employee Director Restricted Stock Plan
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