Form 4: Dillard's Executive Vice President Mike Dillard Reports Stock Transaction

Executive Vice President Mike Dillard reports the acquisition and disposal of Dillard's Class A Common Stock.

Summary

• Mike Dillard, Executive Vice President of Dillard's, Inc., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
• On November 5, 2024, Dillard acquired 97 shares of Class A Common Stock at a price of $379.19 per share.
• Dillard also reported indirect beneficial ownership of 41,496 shares through W.D. Company, Inc., where he owns 26.3% and serves as a director and officer.
• W.D. Company, Inc. also holds 3,985,776 shares of Class B Common Stock, convertible to Class A on a one-for-one basis.
• Additionally, Dillard reported indirect beneficial ownership of 7,300 shares as a trustee of GST Trust.
• The reporting person disclaims beneficial ownership of the shares reported herein as indirectly beneficially owned, except to the extent of his pecuniary interest therein.

Sentiment

Score: 5

Explanation: This is a routine filing, so the sentiment is neutral. It simply reports transactions.

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

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates