Form 4: Dillard's Executive Vice President Mike Dillard Reports Share Acquisition
SEC Form 4 Filing
Mike Dillard, Executive Vice President of Dillard's, Inc., acquired 14 shares of Class A Common Stock on November 25, 2024.
Summary
- Mike Dillard, an Executive Vice President at Dillard's, Inc., reported acquiring 14 shares of Class A Common Stock on November 25, 2024.
- The shares were acquired at a price of $467.94 per share.
- Following the transaction, Mr. Dillard directly owns 536,307 shares of Class A Common Stock.
- He also indirectly owns 41,496 shares through W.D. Company, Inc. and 7,300 shares through a GST Trust.
- W.D. Company, Inc. also holds 3,985,776 shares of Class B Common Stock, which are convertible into Class A Common Stock on a one-for-one basis.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, not indicative of positive or negative sentiment. It simply reports a transaction.
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, which is common for executives of publicly traded companies. It provides transparency into the transactions of company insiders.
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. is also a common practice.
- The level of detail provided in the filing is consistent with SEC requirements for insider trading disclosures.
Stakeholder Impact
- This filing provides transparency to shareholders regarding the trading activity of company executives.
- The transaction is unlikely to have a significant impact on other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 11/25/2024 | Date of the share acquisition by Mike Dillard. |
| 11/27/2024 | Date of signature on the Form 4 filing. |
Keywords
Dillard's, Mike Dillard, Class A Common Stock, Share Acquisition, Executive Vice President, Insider Trading, Form 4
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