Form 4: Dillard's President Alex Dillard Reports Stock Acquisition

Dillard's President Alex Dillard acquired 19 shares of Class A Common Stock at $467.94 per share on November 25, 2024.

Summary

• Alex Dillard, President of Dillard's, Inc., reported a transaction involving the company's Class A Common Stock.
• On November 25, 2024, Mr. Dillard acquired 19 shares of Class A Common Stock at a price of $467.94 per share.
• Following this transaction, Mr. Dillard directly owns 1,018,150 shares of Class A Common Stock.
• Mr. Dillard 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 36,548 shares owned by his spouse.
• The reporting person disclaims beneficial ownership of the indirectly owned shares, except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't indicate positive or negative sentiment, but rather reports a transaction.

Positives

• The acquisition of shares by a company executive 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 provides transparency into the transactions of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
• Similar filings are made by executives at comparable companies such as Macy's and Nordstrom when they buy or sell shares of their company's stock.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider trading activity.

Key Dates

Keywords

Dillard's, Stock Acquisition, Form 4, Beneficial Ownership, Alex Dillard, Class A Common Stock, Insider Trading