Dillard's CEO (NYSE: DDS) logs 16-share Class A award and large dual-class stake
Rhea-AI Filing Summary
DILLARD WILLIAM T II reported acquisition or exercise transactions in this Form 4 filing.
DILLARD'S, INC. director, CEO and 10% owner William T. Dillard II received a grant of 16 shares of Class A common stock on 2026-07-27 at $576.57 per share, bringing his direct Class A holdings to 907,917 shares. He also reports 960,246 Class B shares convertible one-for-one into Class A and 7,300 Class A shares held by a trust for which he serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 16 shares
Net Buy
3 txns
Insider
DILLARD WILLIAM T II
Role
CEO, CHAIRMAN OF BOARD
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Class A | 16 | $576.57 | $9K |
| holding | Common Class B F2 | -- | -- | -- |
| holding | Common Class A F1 | -- | -- | -- |
Holdings After Transaction:
Common Class A — 907,917 shares (Direct);
Common Class B — 960,246 shares (Direct);
Common Class A — 7,300 shares (Indirect, See Footnote)
Footnotes (2)
- F1. The amount reported represents shares of Issuer Class A Common Stock held by a trust for which the reporting person serves as trustee.
- F2. Shares of Issuer Class B Common Stock are convertible at the option of any holder thereof into shares of Issuer Class A Common Stock on a one-for-one basis. Issuer Class B Common Stock has no expiration date.
Key Figures
Class A shares granted: 16 shares
Grant price: $576.57 per share
Direct Class A holdings: 907,917 shares
+2 more
5 metrics
Class A shares granted
16 shares
Grant of Common Class A on 2026-07-27 at $576.57 per share
Grant price
$576.57 per share
Award of 16 shares of Common Class A on 2026-07-27
Direct Class A holdings
907,917 shares
Total Class A shares directly owned after the reported grant
Class B holdings (convertible)
960,246 shares
Directly held Class B Common Stock, convertible one-for-one into Class A
Indirect Class A via trust
7,300 shares
Class A shares held by a trust for which the insider serves as trustee
Key Terms
Class B Common Stock, convertible, one-for-one basis, no expiration date, +1 more
5 terms
Class B Common Stock financial
"Shares of Issuer Class B Common Stock are convertible at the option of any holder"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
convertible financial
"Class B Common Stock are convertible at the option of any holder thereof into shares"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
one-for-one basis financial
"convertible at the option of any holder thereof into shares of Issuer Class A on a one-for-one basis"
no expiration date financial
"Issuer Class B Common Stock has no expiration date."
trustee financial
"held by a trust for which the reporting person serves as trustee."
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Dillard's (DDS) CEO report on this Form 4?
William T. Dillard II reported receiving a grant of 16 Class A shares on 2026-07-27 at $576.57 per share. This award modestly increased his direct Class A holdings, which now total 907,917 shares reported as directly owned.
What Class B Common Stock position did the Dillard's (DDS) Form 4 disclose?
The filing lists 960,246 shares of Dillard's Class B Common Stock held directly. A footnote explains these Class B shares are convertible one-for-one into Class A and that the Class B stock has no expiration date.
Was the reported Dillard's (DDS) insider transaction part of a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed for this filing. There is no footnote stating that the 16-share grant or any reported holdings were executed under a Rule 10b5-1 trading plan.