Hastings H. Lee III 4
4 · DILLARD'S, INC. · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Dillard's Director Hastings H. Lee III Receives 300-Share Award
What Happened
Hastings H. Lee III, a director of Dillard's, Inc. (DDS), was granted 300 restricted shares on 2026-05-28 at a reported price of $592.85 per share, for a total value of $177,855. This transaction is an award/grant (transaction code A) under the company’s director restricted stock plan — a form of compensation rather than an open‑market purchase.
Key Details
- Transaction date: 2026-05-28 (reported in Form 4 filed 2026-06-01)
- Price per share: $592.85; Shares granted: 300; Total value: $177,855
- Transaction type: Award/Grant (A) — restricted stock under the Dillard's, Inc. 2005 Non‑Employee Director Restricted Stock Plan (as amended) (see footnote)
- Shares owned after transaction: Not disclosed in this filing
- Filing timeliness: Form 4 filed on 2026-06-01 for a 2026-05-28 grant — appears timely (filed within the normal reporting window)
Context
Restricted stock awards are compensation for board service and are typically subject to vesting and plan restrictions, so they do not necessarily reflect immediate buying interest by the insider. For retail investors, awards are informative about how the company compensates directors but are not the same signal as a personal cash purchase.
Insider Transaction Report
- Award
Common Class A
[F1]2026-05-28$592.85/sh+300$177,855→ 21,912 total
Footnotes (1)
- [F1]Shares were granted pursuant to the Dillard's, Inc. 2005 Non-Employee Director Restricted Stock Plan, as amended.