Form 4: Dillard's Executive Vice President Mike Dillard Reports Stock Transaction
SEC Form 4 Filing
Executive Vice President Mike Dillard reports a transaction involving Dillard's, Inc. Class A Common Stock.
Summary
- On August 26, 2024, Mike Dillard, Executive Vice President of Dillard's, Inc., reported a transaction involving the company's Class A Common Stock.
- Dillard acquired 18 shares of Common Class A stock at a price of $354.25 per share.
- Following the transaction, Dillard directly owns 536,159 shares of Common Class A stock.
- Dillard also indirectly owns 41,496 shares through W.D. Company, Inc. and 7,300 shares as trustee of 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 standard regulatory filing, so the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of company executives and their potential impact on the stock.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 08/26/2024 | Date of stock transaction (acquisition of 18 shares). |
| 08/28/2024 | Date of signature for the Form 4 filing. |
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