Dillard's, Inc. (NYSE: DDS) EVP awarded 11 Class A shares
Rhea-AI Filing Summary
DILLARD MIKE reported acquisition or exercise transactions in this Form 4 filing.
DILLARD'S, INC. director and executive vice president Mike Dillard reported a grant or award of 11 shares of Class A common stock on 2026-07-27 at $576.57 per share, bringing his direct Class A holdings to 546,910 shares. He also holds 913,975 Class B shares convertible into Class A with no expiration date, and 7,300 Class A shares through a family trust for which he is the sole beneficiary.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 11 shares
Net Buy
3 txns
Insider
DILLARD MIKE
Role
EXECUTIVE VICE PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Class A | 11 | $576.57 | $6K |
| holding | Common Class B F2 | -- | -- | -- |
| holding | Common Class A F1 | -- | -- | -- |
Holdings After Transaction:
Common Class A — 546,910 shares (Direct);
Common Class B — 913,975 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 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 awarded: 11 shares of Class A common stock
Award price: $576.57 per share
Direct Class A holdings: 546,910 shares
+2 more
5 metrics
Shares awarded
11 shares of Class A common stock
Grant or award acquisition on 2026-07-27
Award price
$576.57 per share
Price reported for the 11-share Class A award
Direct Class A holdings
546,910 shares
Total Class A common stock directly held after the award
Class B holdings (convertible)
913,975 shares
Issuer Class B Common Stock, convertible one-for-one into Class A
Indirect Class A via trust
7,300 shares
Class A shares held by a trust where Dillard is the sole beneficiary
Key Terms
Issuer Class A Common Stock, Issuer Class B Common Stock, convertible, sole beneficiary, +1 more
5 terms
Issuer Class A Common Stock financial
"shares of Issuer Class A Common Stock held by a trust"
Issuer Class B Common Stock financial
"Shares of Issuer Class B Common Stock are convertible"
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.
sole beneficiary financial
"a trust of which the reporting person is the sole beneficiary"
trustee financial
"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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Mike Dillard report for DDS?
Mike Dillard reported a grant or award of 11 shares of Dillard's Class A common stock on 2026-07-27 at $576.57 per share. This Form 4 reflects an equity award rather than an open-market purchase or sale, increasing his reported direct Class A holdings.
What indirect DDS Class A holdings does Mike Dillard report?
Mike Dillard reports 7,300 shares of Dillard's Class A common stock held indirectly through a trust. He is the sole beneficiary, while an immediate family member serves as trustee, meaning the position is reported as indirect ownership on the Form 4.
What DDS Class B holdings and conversion rights does Mike Dillard have?
He reports 913,975 shares of Issuer Class B common stock, each convertible one-for-one into a share of Class A common stock. The Class B stock has no expiration date, and this position is shown as a continuing direct holding with underlying Class A equivalence.
Was the DDS Form 4 transaction reported under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and the form’s footnotes describe only trust and conversion details. The reported grant or award is therefore not identified in the filing as executed under a Rule 10b5-1 plan.