JORDAN JOSEPH HUGH 4

What Happened
Jordan Joseph Hugh, COO and President — Domino's US, exercised stock options to acquire a total of 5,450 shares (2,350 + 3,100) at a strike price of $136.89 and sold those 5,450 shares the same day in open-market transactions at $311.29. Exercise cost = $746,050; gross sale proceeds = $1,696,531; difference before taxes/fees ≈ $950,481. The Form 4 also lists two derivative "disposed" lines at $0.00 related to the exercise/settlement reporting.

Key Details

• Transaction date: July 16, 2026 (filed July 20, 2026; filing appears timely).
• Exercise details: 5,450 shares exercised at $136.89 (total cash paid $746,050).
• Sale details: 5,450 shares sold at $311.29 (total proceeds $1,696,531).
• Footnote: Transactions were effected pursuant to a Rule 10b5-1 trading plan adopted May 2, 2025.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Derivative reporting: two entries show "disposed" at $0.00—these reflect the mechanics/reporting of option exercise and settlement on the Form 4.

Context
Because the exercised shares were sold the same day, this is effectively a cashless exercise (exercise followed by immediate sale). The trades were executed under a pre-established 10b5-1 plan, which is commonly used to automate insider sales and reduce questions about timing. Purchases (exercises) often indicate direct insider acquisition, but immediate sales like this are typically routine liquidity events; the filing is factual and does not indicate the insider's future view on the company.