GARCIA KELLY E 4
Research Summary
AI-generated summary
Domino's (DPZ) EVP Kelly Garcia Receives 3,044-Share PSU Award
What Happened
Kelly E. Garcia, Executive Vice President & Chief Technology & Data Officer of Domino’s Pizza, was granted/recorded as acquiring 3,044 shares on January 22, 2026. The Form 4 reports the acquisition as an award (code A) at $0.00 per share (no cash paid at grant). This is a grant/recognition of previously awarded performance-based restricted stock units (PSUs), not a market purchase or sale.
Key Details
- Transaction date: 2026-01-22; Form 4 filed: 2026-01-26 (Accession: 0001193125-26-022651).
- Transaction type/code: Grant/Award (A).
- Shares reported acquired: 3,044; reported acquisition price: $0.00.
- Shares owned after transaction: Not specified in the filing.
- Footnote (F1): These 3,044 shares represent PSUs earned from a 2023 grant; the number earned was set by the Compensation & Human Capital Committee based on performance for the three-year period ended Dec 28, 2025. All PSUs remain subject to vesting tied to Garcia’s continued service through March 10, 2026.
- Remarks: Exhibit 24.1 — Power of Attorney. No 10b5-1 trading plan or tax-withholding disposition is indicated in the filing.
Context
PSUs are performance-based restricted stock awards: these were earned based on corporate performance metrics over a 3-year period and are now reported as acquired, but final vesting still requires continued service through March 10, 2026. The reported $0 acquisition means the insider did not pay cash at grant; the economic value to the insider will depend on Domino’s stock price when/if the PSUs vest and convert to shares.
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