Form 4: Dillard's Executive Vice President Mike Dillard Reports Share Acquisition

Executive Vice President of Dillard's, Mike Dillard, acquired 188 shares of Class A Common Stock at $469.18 per share on January 31, 2025.

Summary

• Mike Dillard, an Executive Vice President at Dillard's, Inc., reported the acquisition of 188 shares of Class A Common Stock on January 31, 2025.
• The shares were acquired at a price of $469.18 per share.
• Following the transaction, Mr. Dillard directly owns 536,513 shares of Class A Common Stock.
• He also indirectly owns 41,496 shares through W.D. Company, Inc. and 7,300 shares as trustee of GST Trust.
• Mr. Dillard disclaims beneficial ownership of the indirectly held shares except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a neutral report of a transaction. It doesn't indicate positive or negative sentiment, but rather a routine disclosure.

Positives

• The acquisition of shares by an executive may signal confidence in the company's future performance.

Management Comments

• The reporting person disclaims beneficial ownership of the shares reported herein as indirectly beneficially owned, except to the extent of his pecuniary interest therein.

Industry Context

This is a routine filing related to insider trading activity and is common for publicly traded companies. It provides transparency into the transactions of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The reporting of indirect ownership through entities like W.D. Company, Inc. and trusts is also a common practice.
• The level of detail provided in this filing is consistent with SEC requirements for insider trading disclosures.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider trading activity.

Key Dates

Keywords

Dillard's, Mike Dillard, Class A Common Stock, Share Acquisition, Executive Vice President, Beneficial Ownership, SEC Form 4