Dillard's (DDS) SVP receives 13-share Class A stock grant
Rhea-AI Filing Summary
Mahaffy Denise Dillard reported acquisition or exercise transactions in this Form 4 filing.
DILLARD'S, INC. director and senior vice president Denise Dillard Mahaffy reported a small equity award. She received a grant of 13 shares of Class A common stock at $545.93 per share. Following this grant, she directly holds 166,574 Class A shares, plus 60 Class A shares in a retirement plan.
Mahaffy also has indirect ownership of 7,300 Class A shares held in a trust where she serves as trustee, and directly owns 273,724 shares of Class B common stock. The Class B shares are convertible into Class A on a one-for-one basis and have no expiration date, so they represent a substantial additional potential Class A position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 13 shares
Net Buy
4 txns
Insider
Mahaffy Denise Dillard
Role
SENIOR VICE PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Class A | 13 | $545.93 | $7K |
| holding | Common Class B | -- | -- | -- |
| holding | Common Class A - Retirement Plan | -- | -- | -- |
| holding | Common Class A | -- | -- | -- |
Holdings After Transaction:
Common Class A — 166,574 shares (Direct);
Common Class B — 273,724 shares (Direct);
Common Class A - Retirement Plan — 60 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
Stock grant: 13 shares
Grant price: $545.93/share
Direct Class A holdings: 166,574 shares
+4 more
7 metrics
Stock grant
13 shares
Class A common stock grant at $545.93 per share
Grant price
$545.93/share
Price for 13-share Class A grant
Direct Class A holdings
166,574 shares
Class A shares directly owned after grant
Retirement plan Class A
60 shares
Class A held in retirement plan
Trust-held Class A
7,300 shares
Class A shares held indirectly via trust
Class B holdings
273,724 shares
Direct Class B common stock, convertible 1:1 to Class A
Convertible ratio
1:1
Each Class B share convertible into one Class A share
Key Terms
Grant, award, or other acquisition, Common Class B, Retirement Plan, convertible, +1 more
5 terms
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Common Class B financial
""security_title": "Common Class B""
Retirement Plan financial
""security_title": "Common Class A - Retirement Plan""
convertible financial
"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.
beneficial ownership financial
"held by a trust for which the reporting person serves as trustee"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did Dillard's (DDS) report for Denise Dillard Mahaffy?
Dillard's reported that director and senior vice president Denise Dillard Mahaffy received a grant of 13 shares of Class A common stock at $545.93 per share, adding to her existing direct and indirect equity holdings in the company.
What indirect Dillard's (DDS) holdings does Denise Dillard Mahaffy report?
The filing shows 7,300 Dillard's Class A shares held indirectly in a trust for which Denise Dillard Mahaffy serves as trustee. These trust-held shares are separate from her directly owned shares and are disclosed as indirect beneficial ownership.
What are Denise Dillard Mahaffy’s Class B holdings in Dillard's (DDS)?
She directly owns 273,724 shares of Dillard's Class B common stock. The filing notes these Class B shares are convertible into Class A common stock on a one-for-one basis and that the Class B shares have no expiration date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
