Form 4: Dillard's President Alex Dillard Reports Stock Acquisition
SEC Form 4 Filing
Dillard's President Alex Dillard acquired 25 shares of Class A Common Stock at $445.4 per share on December 30, 2024.
Summary
- Alex Dillard, President of Dillard's, Inc., reported the acquisition of 25 shares of Class A Common Stock on December 30, 2024.
- The shares were purchased at a price of $445.4 each.
- Following the transaction, Mr. Dillard directly owns 1,017,317 shares of Class A Common Stock.
- He also indirectly owns 41,496 shares through W.D. Company, Inc., where he holds a 27.9% ownership and is a director and officer.
- Additionally, he indirectly owns 7,300 shares through a GST Trust and 36,530 shares owned by his spouse.
- The report also notes that W.D. Company, Inc. holds 3,985,776 shares of Class B Common Stock, convertible to Class A on a one-for-one basis.
Sentiment
Score: 7
Explanation: The document is a routine filing, but the insider purchase is a positive sign, hence a slightly positive sentiment.
Positives
- The acquisition of shares by a company president can be seen as a positive sign of confidence in the company's future.
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
This is a routine filing related to insider trading and is common for publicly traded companies. It does not indicate any specific trend in the retail industry.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- The level of detail provided is typical for these types of filings, and the information is presented in a clear and understandable manner.
- There are no unusual or unexpected elements in this filing compared to similar filings from other companies.
Stakeholder Impact
- The stock purchase by the president may positively influence investor confidence.
Key Dates
| Date | Description |
|---|---|
| 12/30/2024 | Date of the stock acquisition by Alex Dillard. |
| 12/31/2024 | Date of signature of the Form 4 filing. |
Keywords
Dillard's, Stock Acquisition, Form 4, Insider Trading, Alex Dillard, Class A Common Stock, Beneficial Ownership
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