Jazic Annemarie 4
Research Summary
AI-generated summary
Dillard's (DDS) VP Annemarie Jazic Receives 14,708-Share Award
What Happened
- Annemarie Jazic, Vice President of Dillard's, received a total of 14,708 shares on June 4, 2026: 151 shares of Issuer Class A Common Stock and 14,557 shares reported as a derivative acquisition (Class B/Common derivative). The reported transactions are coded "A" (grant/award or other acquisition) and show price as N/A because the shares were issued/allocated through the completion of a merger rather than an open-market trade.
Key Details
- Transaction date: June 4, 2026; Form 4 filed June 5, 2026 (timely filing).
- Shares reported: 151 Class A shares (direct) + 14,557 derivative shares = 14,708 total.
- Price: N/A (shares issued in connection with merger consideration).
- Source/footnotes: Shares were received upon consummation of the Agreement and Plan of Merger among Dillard’s and W.D. Company, Inc.; amounts represent shares acquired by a trust for the benefit of the reporting person (filing notes F1, F3, F8).
- Derivative detail: Issuer Class B Common Stock is convertible into Class A on a one-for-one basis and has no expiration (see F7).
- Other holdings: Filing references additional shares held by trusts and spouse/children trusts (see footnotes F3–F6), indicating some holdings are held in fiduciary accounts.
Context
- This was not an open-market purchase or sale but merger consideration—routine in corporate transactions and not a direct market buy or liquidation by the insider.
- Because Class B shares are convertible 1:1 into Class A, the derivative shares effectively represent potential Class A shares if converted.