Form 4: Dillard's Vice President Acquires Shares Under Pre-Arranged Plan

Dillard's Vice President Denise Alexandra Lucie acquired 14 shares of Common Class A stock at $413.32 per share on June 30, 2025, under a Rule 10b5-1 plan.

Summary

• Denise Alexandra Lucie, Vice President of Dillard's, Inc. (DDS), acquired 14 shares of Common Class A stock.
• The transaction occurred on June 30, 2025, with each share priced at $413.32.
• The acquisition was made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan.
• Following this transaction, Denise Alexandra Lucie beneficially owns a total of 93,875 Common Class A shares.
• Direct beneficial ownership includes 36,995 Common Class A shares and 5,068 Common Class A shares held in a Retirement Plan.
• Indirect beneficial ownership includes 38,423 Common Class A shares held in Trust accounts, where Denise Alexandra Lucie serves as Trustee.
• Additionally, 13,389 Common Class A shares are indirectly owned through children's Trust accounts, where Denise Alexandra Lucie is the Grantor.

Sentiment

Score: 6

Explanation: The acquisition of a small number of shares by a company Vice President, while a positive signal of insider ownership, is not a significant transaction to strongly influence sentiment.

Positives

• Vice President Denise Alexandra Lucie acquired 14 shares of Common Class A stock, signaling continued insider ownership.
• The transaction was executed under a Rule 10b5-1 plan, indicating a pre-scheduled, non-discretionary purchase rather than a reactive one.

Negatives

• The number of shares acquired (14) is a relatively small amount, limiting its significance as a strong signal of management confidence.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Indirect beneficial ownership includes shares held in Trust accounts where the reporting person is a Trustee, and shares held in children's Trust accounts where the reporting person is the Grantor. These are standard disclosures for insider beneficial ownership.

Stakeholder Impact

• Shareholders may view the insider acquisition, even if small, as a positive signal of management confidence in the company's valuation and future prospects.

Key Dates

Recommendation

Keywords

Dillard's, DDS, SEC Form 4, insider trading, stock acquisition, Rule 10b5-1, beneficial ownership, corporate officer, retail