Form 4: Dillard's Inc. Executive Acquires Additional Shares
SEC Form 4 Filing
Phillip R. Watts, Senior Vice President of Dillard's Inc., reports the acquisition of 16 shares of Common Class A stock at a price of $442.68 per share.
Summary
- On June 28, 2024, Phillip R. Watts, a Senior Vice President at Dillard's Inc., acquired 16 shares of Common Class A stock.
- The purchase price was $442.68 per share.
- Following the transaction, Watts directly owns 9,174 shares of Common Class A stock.
- Watts also indirectly owns 10,200 shares of Common Class A stock through a retirement plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction, but insider buying can be interpreted as a slightly positive signal.
Positives
- An executive's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and are closely watched by investors for insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/28/2024 | Date of the transaction: Phillip R. Watts acquired 16 shares of Common Class A stock. |
| 07/02/2024 | Date of signature on the Form 4 filing. |
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