DILLARD ALEX 4
Research Summary
AI-generated summary
Dillard's (DDS) 10% Owner Alex Dillard Receives 23 Shares
What Happened Alex Dillard, a reported 10% owner of Dillard's, Inc. (DDS), received an award/grant of 23 shares of Class A common stock on 2026-06-29 at a reported price of $545.93 per share, for a total reported value of $12,556. This transaction is coded "A" (award/grant/other acquisition), meaning the shares were issued as an award rather than bought on the open market.
Key Details
- Transaction date: 2026-06-29; price per share: $545.93; total value: $12,556.
- Transaction type: A = Award/Grant/Other acquisition (not an open-market purchase or sale).
- Shares owned after transaction: The filing does not state a single consolidated total. It notes 59 shares were transferred from the reporting person's retirement plan to a brokerage account (see F1) and additional shares are held via a trust and by the reporting person's spouse (see F2, F3).
- Footnotes:
- F1: Beneficial ownership adjusted to reflect 59 Class A shares moved from a retirement plan to a brokerage account on 06/17/26 (rounded).
- F2: Some Class A shares are held by a trust for which the reporting person is trustee.
- F3: Some Class A shares are held by the reporting person's spouse.
- F4: Class B shares (if held) are convertible into Class A shares on a one-for-one basis and have no expiration.
- Filing timeliness: Report filed 2026-06-30 for a 06/29/26 transaction — within the typical two-business-day Form 4 reporting window (timely).
Context This was an awarded grant of shares (A), which differs from an open-market purchase and can reflect compensation or other plan-based distributions; the filing does not indicate an immediate sale. As a 10% owner, Alex Dillard is a significant shareholder; the filing’s footnotes clarify multiple places where shares are held but do not provide a single post-transaction total beneficial ownership amount.