Form 4: Dillard's Executive Vice President Acquires Shares in Recent Transaction
SEC Form 4 Filing
Executive Vice President of Dillard's, Drue Matheny, acquired 14 shares of Class A common stock at a price of $467.94 per share on November 25, 2024.
Summary
- Drue Matheny, an Executive Vice President at Dillard's, acquired 14 shares of Class A common stock on November 25, 2024.
- The purchase price was $467.94 per share.
- Following the transaction, Matheny directly owns 405,347 shares of Dillard's Class A common stock.
- Matheny also has indirect ownership of 38,024 shares through a retirement plan, 7,300 shares through a GST Trust, and 1,650 shares owned by their spouse.
Sentiment
Score: 6
Explanation: The document is a routine filing and does not contain any information that would significantly impact sentiment. The purchase of shares by an executive is a slightly positive sign.
Positives
- The purchase of shares by an executive may indicate confidence in the company's future performance.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the transactions of company executives.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider trading.
- The transaction is typical for executives who receive stock as part of their compensation or who choose to invest in their company.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment due to the executive's purchase of shares.
Key Dates
| Date | Description |
|---|---|
| 11/25/2024 | Date of the share acquisition by Drue Matheny. |
| 11/27/2024 | Date of signature on the Form 4 filing. |
Keywords
Dillard's, Executive Vice President, Share Acquisition, Form 4, Insider Trading, Stock Ownership, Drue Matheny
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