Dillard’s (NYSE: DDS) president receives 495-share stock grant, tops 1.0M direct
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DILLARD ALEX reported acquisition or exercise transactions in this Form 4 filing.
DILLARD'S, INC. president and 10% owner Alex Dillard reported receiving a grant of 495 shares of Class A common stock at $594.31 per share as a compensation-related award. Following this grant, his directly held Class A shares total 1,019,049.
He also reports 60 Class A shares in a retirement plan and additional indirect Class A holdings of 36,572, 7,300, and 41,496 shares, with ownership described in footnotes as through W.D. Company, Inc., as trustee of a GST trust, and owned by his spouse. Footnotes note that W.D. Company, Inc. also holds Class B shares convertible one-for-one into Class A.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
DILLARD ALEX
Role
PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Class A | 495 | $594.31 | $294K |
| holding | Common Class A | -- | -- | -- |
| holding | Common Class A | -- | -- | -- |
| holding | Common Class A | -- | -- | -- |
| holding | Common Class A - Retirement Plan | -- | -- | -- |
Holdings After Transaction:
Common Class A — 1,019,049 shares (Direct, null);
Common Class A — 41,496 shares (Indirect, See Footnote);
Common Class A - Retirement Plan — 60 shares (Direct, null)
Footnotes (1)
- These shares are held by W.D. Company, Inc. The reporting person owns 27.9% of W.D. Company, Inc. and is one of its directors and officers. W. D. Company, Inc. also holds 3,985,776 shares of Class B Common Stock, which are convertible into shares of Class A Common Stock on a one-for-one basis. Trustee of GST Trust Owned by Spouse.
Key Figures
Granted shares: 495 shares
Grant price: $594.31 per share
Direct Class A holdings after grant: 1,019,049 shares
+5 more
8 metrics
Granted shares
495 shares
Class A common stock grant coded as award acquisition
Grant price
$594.31 per share
Price per share for 495-share Class A grant
Direct Class A holdings after grant
1,019,049 shares
Directly held Dillard’s Class A shares following the transaction
Retirement plan holdings
60 shares
Class A shares in a retirement plan account
Indirect Class A holdings (entity-related)
36,572 shares
Indirect Class A shares with ownership described in footnotes
Indirect Class A holdings (trust)
7,300 shares
Indirect Class A shares with trustee role noted in footnotes
Indirect Class A holdings (spouse)
41,496 shares
Indirect Class A shares owned by spouse per footnote
Convertible Class B shares at W.D. Company, Inc.
3,985,776 shares
Class B shares convertible one-for-one into Class A
Key Terms
Grant, award, or other acquisition, indirect, Class B Common Stock, convertible, +2 more
6 terms
Grant, award, or other acquisition financial
"transaction code description is "Grant, award, or other acquisition""
indirect financial
"ownership_type is marked as indirect for certain Class A holdings"
Class B Common Stock financial
"W. D. Company, Inc. also holds 3,985,776 shares of Class B Common Stock"
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, which are convertible into shares of Class A Common Stock"
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.
GST Trust financial
"Footnote describes the reporting person as Trustee of GST Trust"
retirement plan financial
"Security title includes Common Class A - Retirement Plan"
FAQ
What did Alex Dillard report in this DDS Form 4 filing?
Alex Dillard reported a compensation-related grant of 495 shares of Dillard’s Class A common stock. The award increased his directly held Class A position to 1,019,049 shares, alongside smaller retirement-plan and several indirect holdings described in accompanying ownership footnotes.
Was the Dillard’s (DDS) insider transaction an open-market buy or a grant?
The filing describes a grant or award acquisition of 495 Class A shares at $594.31 per share, not an open-market purchase. It is coded as a compensation-related transaction, reflecting stock awarded to the president rather than shares bought on the open market.
What indirect Dillard’s (DDS) holdings are disclosed in the Form 4 footnotes?
The footnotes show indirect Class A holdings through W.D. Company, Inc., as trustee of a GST trust, and shares owned by his spouse. W.D. Company, Inc. also holds 3,985,776 Class B shares that are convertible into Class A stock on a one-for-one basis.