Sandeep Reddy 4
Research Summary
AI-generated summary
Domino's Pizza (DPZ) CFO Sandeep Reddy Sells 798 Shares
What Happened
- Sandeep Reddy, Chief Financial Officer of Domino's Pizza (DPZ), disposed of a total of 798 shares across three transactions on March 12–13, 2026. The breakdown: 238 shares withheld to cover taxes/exercise liability at $395.98 for $94,243 (code F), 253 shares sold in the open market at $391.69 for $99,098 (code S), and 307 shares sold in the open market at $396.50 for $121,726 (code S). Total proceeds from the disposals were approximately $315,067. These were sales/tax-withholding transactions (not purchases).
Key Details
- Transaction dates & prices:
- 2026-03-12: 238 shares @ $395.98 (F — tax/withholding) — $94,243
- 2026-03-12: 253 shares @ $391.69 (S — open market sale) — $99,098
- 2026-03-13: 307 shares @ $396.50 (S — open market sale) — $121,726
- Total shares disposed: 798; total proceeds ≈ $315,067.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: The tax-withholding transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by Reddy on May 6, 2025 (per F1).
- Timeliness: Form 4 filed on 2026-03-16 for transactions dated 2026-03-12 and 03-13 — filing appears timely.
Context
- The F-code (payment of exercise price or tax liability) typically reflects withholding to cover taxes from an option exercise or vested award; the filing shows the withholding shares were disposed but does not separately report an exercise line here. The presence of a 10b5-1 plan indicates at least some sales were executed under a pre-established trading plan, which is common for scheduled insider sales and reduces the implication of opportunistic timing.
- These are sales (routine or plan-driven) rather than insider purchases; such transactions are useful to note but do not, by themselves, indicate company outlook.