Form 4: Dillard's Executive Acquires Shares Under Pre-Planned Trading Arrangement
Insider Transaction Report
Dillard's Executive Vice President Drue Matheny acquired 19 shares of Common Class A stock at $413.32 per share on June 30, 2025, under a pre-arranged Rule 10b5-1 plan.
Summary
- Drue Matheny, Executive Vice President and Director of Dillard's, Inc. (DDS), reported a change in beneficial ownership.
- On June 30, 2025, Matheny acquired 19 shares of Dillard's Common Class A stock.
- The acquisition price was $413.32 per share.
- This transaction was executed pursuant to a Rule 10b5-1(c) pre-arranged trading plan.
- Following this transaction, Matheny directly beneficially owns 403,904 shares of Common Class A stock and 36,648 shares in a retirement plan.
- Indirect beneficial ownership includes 7,300 shares held as Trustee of a GST Trust and 2,521 shares owned by a spouse.
Sentiment
Score: 7
Explanation: The acquisition of shares by a key executive, even a small amount, generally signals confidence in the company's prospects, especially when executed under a pre-planned Rule 10b5-1 arrangement.
Positives
- The acquisition of shares by a key executive, Drue Matheny, signals confidence in Dillard's future performance.
- The transaction was conducted under a Rule 10b5-1 plan, indicating a pre-planned, non-discretionary purchase.
Future Outlook
Not applicable as this is a transactional filing reporting a change in beneficial ownership, not forward-looking guidance.
Industry Context
This filing is specific to Dillard's, Inc. and its insider trading activities, and does not provide broader industry context or trends.
Related Party Transactions
- Indirect beneficial ownership includes 7,300 shares held as Trustee of a GST Trust and 2,521 shares owned by the reporting person's spouse.
Stakeholder Impact
- Shareholders may view the insider acquisition as a positive signal of management's confidence in the company's valuation and future performance.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of earliest transaction (acquisition of Common Class A shares). |
| 07/02/2025 | Signature date of the reporting person on the Form 4 filing. |
Keywords
Dillard's, DDS, Form 4, insider trading, stock acquisition, beneficial ownership, Drue Matheny, Rule 10b5-1
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