Dillard’s VP reports new merger-related share awards
DILLARD'S, INC. vice president Annemarie Jazic reported new equity awards tied to the merger of W.D.
Rhea-AI Filing Summary
DILLARD'S, INC. vice president Annemarie Jazic reported new equity awards tied to the merger of W.D. Company, Inc. into Dillard’s. A trust for her benefit acquired 151 shares of Class A common stock and 14,557 shares of Class B common stock when the merger closed, reflecting its prior WDC ownership.
After these awards, indirect holdings include 38,574 shares of Class A common stock and 14,557 shares of Class B common stock across trusts and related accounts, alongside additional direct and retirement-plan Class A positions. Each Class B share is convertible into one Class A share and has no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 14,708 shares
Grant/Award
7 txns
Insider
Jazic Annemarie
Role
VICE PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Class B | 14,557 | $0.00 | $0.00 |
| Grant/Award | Common Class A | 151 | $0.00 | $0.00 |
| holding | Common Class A | -- | -- | -- |
| holding | Common Class A - Retirement Plan | -- | -- | -- |
| holding | Common Class A | -- | -- | -- |
| holding | Common Class A | -- | -- | -- |
| holding | Common Class A | -- | -- | -- |
Holdings After Transaction:
Common Class B — 14,557 contracts (Indirect, See Footnote);
Common Class A — 51,827 shares (Indirect, See Footnote);
Common Class A — 38,131 shares (Direct);
Common Class A - Retirement Plan — 6,339 shares (Direct)
Footnotes (9)
- F1. On June 4, 2026, pursuant to the Agreement and Plan of Merger, dated as of March 20, 2026 (as amended, the "Merger Agreement"), by and among Dillard's, Inc. (the "Issuer"), W.D. Company, Inc., an Arkansas corporation ("WDC"), and Alex Dillard, solely in his capacity as the shareholder representative, WDC was merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger. The amount reported represents shares of Issuer Class A Common Stock acquired by a trust for the benefit of the reporting person upon consummation of the Merger, in such trust's capacity as a shareholder of WDC.
- F2. Each share of WDC common stock issued and outstanding immediately prior to the effective time of the Merger was automatically cancelled, and in exchange therefor, each WDC shareholder received such WDC shareholder's pro rata share of (a) up 41,496 shares of Issuer Class A Common Stock and up to 3,985,776 shares of Issuer Class B Common Stock and (b) the amount in cash equal to the sum of (i) WDC's cash and cash equivalents as of the closing date of the Merger, plus (ii) the value of other publicly traded securities owned by WDC (determined as described in the Merger Agreement).
- F3. The amount reported represents shares of Issuer Class A Common Stock held by a trust for the benefit of the reporting person, for which the reporting person serves as trustee.
- F4. The amount reported represents shares of Issuer Class A Common Stock held by the reporting person's spouse.
- F5. The amount reported represents shares of Issuer Class A Common Stock held by trusts for the benefit of the reporting person's children.
- F6. The amount reported represents shares of Issuer Class A Common Stock held by trusts for which the reporting person serves as trustee.
- F7. 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.
- F8. The amount reported represents shares of Issuer Class B Common Stock acquired by a trust for the benefit of the reporting person upon consummation of the Merger, in such trust's capacity as a shareholder of WDC.
- F9. The amount reported represents shares of Issuer Class B Common Stock held by a trust for the benefit of the reporting person, for which the reporting person serves as trustee.
Key Figures
Class A shares acquired by trust: 151 shares
Class B shares acquired by trust: 14,557 shares
Indirect Class A holdings after transaction: 38,574 shares
+5 more
8 metrics
Class A shares acquired by trust
151 shares
Issuer Class A Common Stock, acquired via merger consideration
Class B shares acquired by trust
14,557 shares
Issuer Class B Common Stock, acquired via merger consideration
Indirect Class A holdings after transaction
38,574 shares
Issuer Class A Common Stock held indirectly after transactions
Indirect Class B holdings after transaction
14,557 shares
Issuer Class B Common Stock held indirectly after transactions
Direct Class A holdings
38,131 shares
Issuer Class A Common Stock held directly after transactions
Retirement plan Class A holdings
6,339 shares
Issuer Class A Common Stock in retirement plan after transactions
Merger Class A consideration pool
up to 41,496 shares
Total Issuer Class A shares allocated among all WDC shareholders
Merger Class B consideration pool
up to 3,985,776 shares
Total Issuer Class B shares allocated among all WDC shareholders
Key Terms
Agreement and Plan of Merger, Class A Common Stock, Class B Common Stock, convertible, +1 more
5 terms
Agreement and Plan of Merger regulatory
"On June 4, 2026, pursuant to the Agreement and Plan of Merger, dated as of March 20, 2026..."
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
Class A Common Stock financial
"The amount reported represents shares of Issuer Class A Common Stock acquired by a trust..."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
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
"Shares of Issuer Class B Common Stock are convertible at the option of any holder thereof..."
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.
trusts for the benefit of the reporting person financial
"The amount reported represents shares of Issuer Class A Common Stock held by a trust for the benefit of the reporting person..."
FAQ
What insider activity did Dillard's (DDS) report for Annemarie Jazic?
Dillard’s reported that a trust for vice president Annemarie Jazic’s benefit acquired 151 Class A and 14,557 Class B shares in connection with the W.D. Company merger, increasing her indirect exposure through family and trust holdings.
How is the W.D. Company merger connected to Annemarie Jazic’s Dillard's (DDS) holdings?
The Form 4 explains that W.D. Company merged into Dillard’s under a Merger Agreement dated March 20, 2026. A trust that was a W.D. Company shareholder received Dillard’s Class A and Class B shares as consideration, benefiting Annemarie Jazic.
AI-generated analysis. How Rhea-AI works. Not financial advice.
