Form 4: Dillard's Inc. Executive Acquires Shares in Recent Transaction
SEC Form 4 Filing
Phillip R. Watts, Senior Vice President of Dillard's Inc., reports acquiring 17 shares of Common Class A stock at $393.38 per share.
Summary
- On September 30, 2024, Phillip R. Watts, a Senior Vice President at Dillard's Inc., acquired 17 shares of Common Class A stock.
- The acquisition price was $393.38 per share.
- Following the transaction, Watts directly owns 9,219 shares of Common Class A stock.
- Watts also indirectly owns 10,206 shares of Common Class A through a retirement plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. The purchase could be seen as slightly positive, but without more context, it's difficult to assess the overall impact.
Positives
- The acquisition of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholders if it signals confidence from a company insider.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of the transaction where Phillip R. Watts acquired shares of Dillard's Inc. |
| 10/02/2024 | Date of signature on the Form 4 filing. |
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