Form 4: Dillard's Executive Vice President Drue Matheny Reports Stock Acquisition
SEC Form 4
Drue Matheny, Executive Vice President of Dillard's, reports acquiring 17 shares of Common Class A stock at $385.48 per share.
Summary
- On October 28, 2024, Drue Matheny, an Executive Vice President at Dillard's, acquired 17 shares of Common Class A stock.
- The acquisition price was $385.48 per share.
- Following the transaction, Matheny directly owns 405,333 shares of Common Class A stock.
- Matheny also has indirect ownership through a retirement plan (38,024 shares), a GST Trust (7,300 shares), and shares owned by their spouse (1,650 shares).
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing. The sentiment is neutral as it simply reports a transaction.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track confidence levels and potential alignment of interests between management and shareholders.
Stakeholder Impact
- The transaction provides information to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 10/28/2024 | Date of stock acquisition by Drue Matheny |
| 10/30/2024 | Date of signature on the Form 4 filing |
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