Form 4: Dillard's Inc. Vice President Acquires Additional Shares
SEC Form 4 Filing
Mike Litchford, Vice President of Dillard's Inc., reports the acquisition of 13 shares of Common Class A stock at a price of $442.68 per share.
Summary
- On June 28, 2024, Mike Litchford, Vice President of Dillard's Inc., acquired 13 shares of Common Class A stock.
- The price per share was $442.68.
- Following the transaction, Litchford directly owns 2,998 shares of Common Class A stock.
- Litchford also indirectly owns 3,494 shares of Common Class A through a retirement plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine disclosure of insider trading activity. The purchase itself is a slightly positive signal, but the quantity is small.
Positives
- The acquisition of shares by a company officer 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 provides shareholders with information about insider confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 06/28/2024 | Date of transaction: Mike Litchford acquired 13 shares of Common Class A stock. |
| 07/02/2024 | Date of signature on the Form 4 filing. |
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