Form 4: Dillard's Inc. Executive Phillip R. Watts Reports Stock Disposal

Senior Vice President Phillip R. Watts of Dillard's Inc. reports disposing of 500 shares of Common Class A stock on March 7, 2024.

Summary

• On March 7, 2024, Phillip R. Watts, a Senior Vice President at Dillard's Inc., reported a transaction involving the company's Common Class A stock.
• Watts disposed of 500 shares of Common Class A stock.
• The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.
• Following the reported transaction, Watts directly owns 8,988 shares of Common Class A stock.
• Watts also indirectly owns 10,141 shares of Common Class A stock through a retirement plan.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing reporting a stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transaction may have a minor impact on shareholders, as insider transactions are often scrutinized for insights into management's view of the company's prospects.

Key Dates