Dillard’s EVP granted 10 shares at $638 each
DILLARD MIKE reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
DILLARD MIKE reported acquisition or exercise transactions in this Form 4 filing.
DILLARD'S, INC. (DDS) reported that executive vice president, director and more-than-10% owner Mike Dillard received a grant of 10 shares of Class A common stock on 2026-08-24 at $638.19 per share, increasing his directly held Class A position to 546,920 shares. He also reports 7,300 Class A shares held indirectly in a trust where he is the sole beneficiary, and 913,975 Class B shares held directly. Each Class B share is convertible into one Class A share with no expiration date. The filing indicates the transactions were not made pursuant to a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 10 shares
Grant/Award
3 txns
Insider
DILLARD MIKE
Role
EXECUTIVE VICE PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Class A | 10 | $638.19 | $6K |
| holding | Common Class B F2 | -- | -- | -- |
| holding | Common Class A F1 | -- | -- | -- |
Holdings After Transaction:
Common Class A — 546,920 shares (Direct);
Common Class B — 913,975 contracts (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 of which the reporting person is the sole beneficiary and for which the reporting person's immediate family member 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
Shares acquired: 10 shares of Common Class A
Grant price per share: $638.19 per share
Direct Class A holdings after transaction: 546,920 shares
+3 more
6 metrics
Shares acquired
10 shares of Common Class A
Grant on 2026-08-24 reported on Form 4
Grant price per share
$638.19 per share
Class A common stock grant on 2026-08-24
Direct Class A holdings after transaction
546,920 shares
Total Class A common stock directly owned after 2026-08-24 grant
Indirect Class A holdings
7,300 shares
Class A shares held by a trust for which the insider is sole beneficiary
Direct Class B holdings
913,975 shares
Class B common stock directly held, convertible into Class A on a one-for-one basis
Class B conversion ratio
1 Class B share into 1 Class A share
Convertible at holder’s option, Class B has no expiration date
Key Terms
Class A Common Stock, Class B Common Stock, convertible, sole beneficiary, +1 more
5 terms
Class A Common Stock financial
"shares of Issuer Class A Common Stock held 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"
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"
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.
sole beneficiary financial
"trust of which the reporting person is the sole beneficiary"
trustee financial
"for which the reporting person's immediate family member 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.
FAQ
What did insider Mike Dillard report in this Form 4 for DDS?
Mike Dillard reported a grant of 10 shares of DILLARD'S, INC. Class A common stock on 2026-08-24 at $638.19 per share, increasing his directly held Class A position to 546,920 shares, plus additional indirect and Class B holdings.
What DDS Class B holdings does Mike Dillard report?
Mike Dillard reports holding 913,975 shares of Class B common stock of DILLARD'S, INC. directly. According to the disclosure, each Class B share is convertible into one Class A share at the holder’s option and has no expiration date.
Were Mike Dillard’s DDS transactions under a Rule 10b5-1 trading plan?
No. The filing indicates, via the unchecked Rule 10b5-1 box, that the reported transactions were not effected pursuant to a Rule 10b5-1 trading plan or a pre-arranged trading arrangement.
How is the indirect DDS Class A ownership by Mike Dillard structured?
The filing states that 7,300 Class A shares are held by a trust for which an immediate family member serves as trustee, and Mike Dillard is the sole beneficiary, so these shares are reported as indirectly owned.
AI-generated analysis. How Rhea-AI works. Not financial advice.
