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

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

Summary

• On October 28, 2024, Mike Dillard, Executive Vice President of Dillard's, Inc., reported a transaction involving the company's Class A Common Stock.
• Dillard acquired 17 shares at a price of $385.48 per share.
• Dillard also reported the disposal of 0 shares from a retirement plan.
• Following the reported transactions, Dillard directly owns 536,196 shares of Class A Common Stock.
• Dillard indirectly owns 41,496 shares through W.D. Company, Inc., where he owns 26.3% and is a director and officer.
• W.D. Company, Inc. also holds 3,985,776 shares of Class B Common Stock convertible to Class A Common Stock on a one-for-one basis.
• Additionally, Dillard indirectly owns 7,300 shares as a trustee of GST Trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions, with neutral sentiment.

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 filing is a routine disclosure of stock transactions by a company executive, which is common in the retail industry and publicly traded companies.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.

Key Dates