Form 4: Dillard's Inc. Director Denise Dillard Mahaffy Reports Stock Acquisition
SEC Form 4 Filing
Denise Dillard Mahaffy, a Senior Vice President and Director at Dillard's Inc., reported acquiring 16 shares of Common Class A stock at $354.25 per share on August 26, 2024.
Summary
- On August 26, 2024, Denise Dillard Mahaffy, a Senior Vice President and Director at Dillard's, Inc., acquired 16 shares of Common Class A stock.
- The purchase price was $354.25 per share.
- Following the transaction, Mahaffy directly owns 136,153 shares of Common Class A stock.
- Mahaffy also has indirect ownership of 7,300 shares through a GST Trust and 26,810 shares through a retirement plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard regulatory filing reporting a stock transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for corporate executives and directors. It provides transparency into their investment decisions within the company.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence as it indicates a director's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 08/26/2024 | Date of transaction: Acquisition of 16 shares of Common Class A stock. |
| 08/28/2024 | Date of signature on the Form 4 filing. |
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