BRANDON DAVID 4
Research Summary
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Domino's (DPZ) Executive Chairman Brandon David Receives RSU Award; 115 Shares Withheld
What Happened Brandon David, Executive Chairman of Domino's Pizza, received a grant of 1,499 restricted stock units (RSUs) on March 10, 2026 (reported on Form 4 filed March 12, 2026). On the same date 115 shares were disposed/withheld at $400.52 per share to cover an exercise price or tax liability, totaling approximately $46,060. The RSU award is recorded as an acquisition (code A) while the 115-share action is recorded as a tax withholding/payment (code F).
Key Details
- Transaction dates: March 10, 2026; Form 4 filed March 12, 2026 (timely).
- Award: 1,499 RSUs granted (acquisition at $0.00 on the filing).
- Withholding: 115 shares disposed/withheld at $400.52 each = $46,060 to cover tax/payment liability.
- Shares owned after the transactions are not shown on this filing.
- Footnotes:
- F1: 58.785 of the shares reflect acquisitions under the Domino's Employee Stock Payroll Deduction Plan since the last report.
- F2: The 1,499-unit grant are restricted stock units with service‑based vesting — one‑third vests each year on March 10 in 2027, 2028 and 2029 (shares issued after each vesting tranche).
- Transaction codes: A = award/grant; F = payment of exercise price or tax liability (share withholding).
Context RSU grants are common compensation and vest over time; this award vests in three equal annual tranches (2027–2029). The 115-share disposition is a routine tax-withholding action tied to the award (or related tax/event) and does not necessarily indicate a discretionary open-market sale.