Form 4: Dillard's Inc. Director Alex Dillard Reports Acquisition of Class A Common Stock

Sentiment:

SEC Form 4 Filing


Alex Dillard, a director and officer of Dillard's Inc., reported acquiring 3 shares of Class A Common Stock at $469.18 per share on February 10, 2025.

Summary

  • On February 10, 2025, Alex Dillard, a Director and President at Dillard's Inc., acquired 3 shares of Class A Common Stock at a price of $469.18 per share.
  • Following this transaction, Mr. Dillard directly owns 1,017,744 shares of Class A Common Stock.
  • Mr. Dillard also indirectly owns 41,496 shares through W.D. Company, Inc., where he owns 27.9% and serves as a director and officer.
  • 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.
  • Additionally, Mr. Dillard indirectly owns 7,300 shares through a GST Trust and 36,560 shares owned by his spouse.
  • He also has 23 shares in a retirement plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard regulatory filing reporting a transaction. The purchase itself could be seen as slightly positive, but the information is limited.

Positives

  • The director's purchase of shares may signal confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.

Stakeholder Impact

  • The transaction provides shareholders with information about insider trading activity, which can influence investor sentiment.

Key Dates

DateDescription
02/10/2025Date of transaction: Alex Dillard acquired 3 shares of Class A Common Stock.
02/12/2025Date of signature on the Form 4 filing.

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