Form 4: Dillard's Inc. Executive Phillip R. Watts Reports Acquisition of Common Stock

Senior Vice President Phillip R. Watts reports acquiring 11 shares of Dillard's Inc. Common Class A stock at $450.25 per share on May 28, 2024.

Summary

• Phillip R. Watts, a Senior Vice President at Dillard's Inc., filed a Form 4 with the SEC.
• The filing reports a transaction that occurred on May 28, 2024.
• Watts acquired 11 shares of Dillard's Inc. Common Class A stock at a price of $450.25 per share.
• Following the transaction, Watts directly owns 9,158 shares of Dillard's Inc. Common Class A stock.
• Watts also has an indirect ownership of 10,200 shares through a retirement plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction by an executive, and while insider buying can be seen as positive, the quantity is small and doesn't necessarily indicate a strong bullish signal.

Positives

• The acquisition of shares by a company executive 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 corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.

Key Dates