Director Robert C. Connor receives 300-share DDS grant at $592.85
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CONNOR ROBERT C reported acquisition or exercise transactions in this Form 4 filing.
DILLARD'S, INC. director Robert C. Connor reported a stock award of Common Class A shares. He received 300 shares as a grant under the Dillard's, Inc. 2005 Non-Employee Director Restricted Stock Plan at a reference price of $592.85 per share, bringing his direct holdings to 78,700 shares. The filing also reports 9 shares held indirectly and owned by his spouse, which remain a small separate position.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
CONNOR ROBERT C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Class A | 300 | $592.85 | $178K |
| holding | Common Class A | -- | -- | -- |
Holdings After Transaction:
Common Class A — 78,700 shares (Direct, null);
Common Class A — 9 shares (Indirect, Owned by Spouse)
Footnotes (1)
- [object Object]
Key Figures
Director stock grant: 300 shares
Grant price per share: $592.85 per share
Direct holdings after grant: 78,700 shares
+1 more
4 metrics
Director stock grant
300 shares
Common Class A grant under 2005 Non-Employee Director Restricted Stock Plan
Grant price per share
$592.85 per share
Reference transaction price for 300-share award
Direct holdings after grant
78,700 shares
Common Class A shares held directly following the award
Indirect spousal holdings
9 shares
Common Class A shares owned by spouse, reported as indirect
Key Terms
Restricted Stock Plan, grant/award acquisition, indirect ownership, Form 4
4 terms
Restricted Stock Plan financial
"Shares were granted pursuant to the Dillard's, Inc. 2005 Non-Employee Director Restricted Stock Plan, as amended."
A restricted stock plan is a program where a company grants employees or executives shares that are held back until certain conditions are met, such as staying with the company for a set period or hitting performance goals. Think of it like a reward that unlocks over time; for investors it matters because these grants can dilute existing ownership when they vest and signal management’s incentives and confidence in future performance.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
indirect ownership financial
"direct_or_indirect": "I", "nature_of_ownership": "Owned by Spouse""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Robert C. Connor report for DDS?
Robert C. Connor reported receiving a grant of 300 Common Class A shares of DILLARD'S, INC. as a non-employee director award. The grant was made under the company’s 2005 Non-Employee Director Restricted Stock Plan, reflecting compensation rather than an open-market purchase.
At what price was Robert C. Connor’s DDS stock grant recorded?
The 300-share grant to Robert C. Connor was recorded at $592.85 per share. This figure is the transaction price per share disclosed in the Form 4 and is used to value the director’s restricted stock award for reporting purposes.
Was Robert C. Connor’s DDS transaction an open-market buy or a grant?
The transaction was a grant, not an open-market purchase. The Form 4 uses transaction code A and states the 300 shares were granted under the Dillard's, Inc. 2005 Non-Employee Director Restricted Stock Plan, indicating a compensation-related stock award to the director.