WEINER RUSSELL J 4
Research Summary
AI-generated summary
Domino's (DPZ) CEO Russell Weiner Receives Awards, Sells Shares
What Happened
- Russell J. Weiner, CEO of Domino's Pizza (DPZ), had mixed insider activity on March 10, 2026: he surrendered/sold 7,041 shares to cover exercise price/tax withholding and was granted awards totaling 22,910 shares. The disposals were 6,193 shares and 848 shares at $400.52 per share, totaling $2,820,061. The acquisitions were recorded as 3,995 shares (restricted stock units) and 18,915 derivative awards (options/grants) at $0.00 reported value.
Key Details
- Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (timely filing).
- Sale/withholding prices: $400.52 per share; disposals 6,193 ($2,480,420) and 848 ($339,641) — combined ≈ $2.82M.
- Awards received: 3,995 RSUs (F2) and 18,915 derivative awards/options (F3) — total 22,910 shares granted at $0.00 value on grant date.
- Vesting: RSUs (F2) vest one‑third each year on March 10 in 2027, 2028 and 2029; the option awards (F3) vest one‑third each year on the same anniversaries.
- Tax/withholding note (F1): filing also references 58.784 shares acquired under the Domino's Employee Stock Payroll Deduction Plan since the last report.
- Shares owned after the transactions: not specified in the provided filing excerpt.
Context
- The disposals were to satisfy exercise price and/or tax withholding (common after option exercises or RSU vesting) rather than open-market selling for investment reasons. The awards are service‑based and vest over three years, so they represent future compensation tied to continued service rather than an immediate bullish purchase.
- Derivative award entries reflect option/award grants (vested over time); they are not immediate free shares until vesting conditions are met.