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

Executive Vice President Mike Dillard reported the acquisition of 100 shares of Dillard's Class A Common Stock and indirect disposition of shares held in trust.

Summary

• On August 6, 2024, Mike Dillard, Executive Vice President of Dillard's, Inc., reported a transaction involving the company's Class A Common Stock.
• Dillard acquired 100 shares of Class A Common Stock at a price of $367.57 per share.
• Following the transaction, Dillard directly owns 536,141 shares of Class A Common 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. holds 3,985,776 shares of Class B Common Stock, convertible to Class A on a one-for-one basis.
• 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 disclosure of insider trading activity, and doesn't inherently indicate positive or negative sentiment. It simply reflects the executive's transactions.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when a company insider, like an executive officer or director, transacts in their company's stock. It provides transparency to the market regarding insider activity.

Stakeholder Impact

• The transaction may have a minor impact on shareholders as it provides insight into the actions of a key executive.

Key Dates