Dillard’s, Inc. (DDS) – Form 4 insider filing
On 24 June 2025, Chairman & CEO William T. Dillard II reported a bona-fide gift (SEC code G) of 5,000 Class A common shares. The transaction carried a stated price of $0, confirming no sale proceeds were received.
Following the transaction, Mr. Dillard’s ownership is as follows:
- Direct: 896,892 Class A shares
- Retirement plan: 82 Class A shares
- Indirect: 41,496 shares via W.D. Company, Inc.(1) and 7,300 shares as trustee of the GST Trust(2)
The gifted amount reduced his direct holdings by roughly 0.6 % (5,000 ÷ 901,892 prior shares). No derivatives or option activity was reported, and the filing contains the customary disclaimer that the insider disclaims beneficial ownership of indirectly held shares except for his pecuniary interest.
No cash sales, purchases, or new derivative grants were disclosed; therefore, the filing does not materially alter the company’s capital structure or insider ownership profile.
Form 4 filing – Dillard's, Inc. (DDS)
Director James I. Freeman reported a bona fide gift (Code G) of 250 Class A common shares on 06/24/2025 at a price of $0. After the disposition, his direct beneficial ownership totals 75,646 shares. No derivative security activity or Rule 10b5-1 plan was disclosed.
The small size of the transfer relative to Freeman’s holdings and Dillard’s overall float indicates minimal financial or signaling impact for investors.