Dillard’s Inc.’s annual proxy statement provides details about some transactions it has with executive officers, directors and others, according to U.S. Securities & Exchange Commission rules.
In its latest proxy on April 7, the Little Rock department store chain reported that in Dillard’s fiscal 2022, Stephens Insurance LLC of Little Rock received $1.5 million in commissions related to the sale of voluntary insurance products to Dillard’s workers. The commission amount is an increase from $1.2 million a year ago.
Stephens Insurance is an affiliate of independent financial services firm Stephens Inc. of Little Rock. And Stephens Insurance is owned by Warren A. Stephens, the chairman, president and CEO of Stephens Inc., and Miles Stephens, John Stephens and Laura Stephens.
Warren Stephens has been a director of Dillard’s since 2002.
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