Form 4: Dillard's Executive Vice President Drue Matheny Reports Stock Transaction
SEC Form 4 Filing
Drue Matheny, Executive Vice President of Dillard's, reports the acquisition of 18 shares of Common Class A stock at $354.25 per share on August 26, 2024.
Summary
- On August 26, 2024, Drue Matheny, an Executive Vice President at Dillard's, acquired 18 shares of Common Class A stock at a price of $354.25 per share.
- Following this transaction, Matheny directly owns 405,296 shares of Dillard's 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 a spouse (1,650 shares).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock transaction by an executive. It doesn't inherently convey strong positive or negative sentiment.
Positives
- The acquisition of shares by an executive could be interpreted as a sign of confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction could have a minor impact on shareholders by providing insight into an executive's investment decisions.
Key Dates
| Date | Description |
|---|---|
| 08/26/2024 | Date of stock transaction: Drue Matheny acquired 18 shares of Common Class A stock. |
| 08/28/2024 | Date of signature on the Form 4 filing. |
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