Form 4: Dillard's President Alex Dillard Acquires Shares

Dillard's President and Director Alex Dillard acquired 17 shares of Common Class A stock at $533.45 per share.

Summary

• Alex Dillard, President, Director, and 10% Owner of Dillard's, Inc. (DDS), acquired 17 shares of Common Class A stock.
• The transaction occurred on August 25, 2025, at a price of $533.45 per share.
• Following this acquisition, Dillard directly beneficially owns 1,018,835 shares of Common Class A stock.
• Indirect beneficial ownership includes 41,496 shares held by W.D. Company, Inc., 7,300 shares held by a GST Trust, and 36,560 shares owned by his spouse.
• W.D. Company, Inc. also holds 3,985,776 shares of Class B Common Stock, which are convertible into Class A Common Stock on a one-for-one basis.

Sentiment

Score: 7

Explanation: The acquisition of shares by a high-ranking insider and 10% owner suggests confidence in the company's future prospects, indicating a positive sentiment.

Positives

• Alex Dillard, a high-ranking insider (President, Director, 10% Owner), acquired shares, signaling confidence in the company's future prospects.
• The acquisition was made at a specific price of $533.45 per share, indicating a valuation point for the insider's investment.

Future Outlook

NA

Management Comments

• The reporting person disclaims beneficial ownership of the shares reported herein as indirectly beneficially owned, except to the extent of his pecuniary interest therein.

Industry Context

NA

Related Party Transactions

• Indirect beneficial ownership includes 41,496 shares held by W.D. Company, Inc., in which Alex Dillard owns 27.9% and serves as a director and officer.
• W.D. Company, Inc. also holds 3,985,776 shares of Class B Common Stock, convertible into Class A Common Stock on a one-for-one basis.
• Indirect beneficial ownership includes 36,560 shares owned by Alex Dillard's spouse.

Stakeholder Impact

• Shareholders may view the insider acquisition as a positive signal of management's confidence in the company's valuation and future performance.

Key Dates

Recommendation

The acquisition of shares by a key insider, Alex Dillard, signals management's confidence in Dillard's, Inc.'s valuation and future performance. While a single transaction, it provides a positive data point for existing shareholders and potential investors, reinforcing a 'hold' position.

Keywords

Dillard's, DDS, Alex Dillard, Insider Trading, Form 4, Stock Acquisition, Retail, Department Store