Form 4: Dillard's Executive Vice President Drue Matheny Reports Stock Transactions

Drue Matheny, Executive Vice President of Dillard's, reports acquisition and disposal of company stock in a recent SEC filing.

Summary

• On April 30, 2024, Drue Matheny, an Executive Vice President at Dillard's, reported transactions involving Dillard's Class A Common Stock.
• Matheny acquired 297 shares at a price of $438.54 per share.
• Matheny also reported the disposal of 38,024 shares from a retirement plan.
• Following these transactions, Matheny directly owns 407,230 shares of Dillard's Class A Common Stock.
• Additionally, Matheny indirectly owns 7,300 shares as trustee of GST Trust and 650 shares owned by their spouse.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard SEC filing reporting stock transactions. There is no inherent positive or negative implication.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It is common for executives to buy or sell shares of their company's stock, and these transactions are often scrutinized by investors for insights into management's perspective on the company's value and future prospects.

Key Dates