Form 4: Dillard's Inc. Executive Chris B. Johnson Reports Stock Acquisition
SEC Form 4 Filing
Senior Vice President Chris B. Johnson acquired 16 shares of Dillard's Inc. Class A common stock at a price of $442.68 on June 28, 2024.
Summary
- On June 28, 2024, Chris B. Johnson, a Senior Vice President at Dillard's Inc., acquired 16 shares of Class A common stock.
- The transaction was executed at a price of $442.68 per share.
- Following the transaction, Johnson directly owns 9,525 shares of Dillard's Inc. Class A common stock.
- Johnson also indirectly owns 9,156 shares of Dillard's Inc. Class A common stock through a retirement plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The purchase of shares by an executive is generally a good sign, but the quantity is small and may not be highly significant.
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. This particular filing indicates a purchase by a senior executive, which is generally viewed as a positive sign.
Stakeholder Impact
- The stock purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/28/2024 | Date of the stock acquisition transaction. |
| 07/02/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.