HEADEN CYNTHIA A 4
Research Summary
AI-generated summary
Domino's (DPZ) EVP Cynthia Headen Receives Awards, Sells Shares for Taxes
What Happened
Cynthia A. Headen, EVP & Chief Supply Chain Officer at Domino's Pizza (DPZ), received equity awards on March 10, 2026 totaling 6,257 shares (916 + 1,873 + 3,468). On the same date she disposed of 1,327 shares (1,015 + 312) at $400.52/share to satisfy exercise price and/or tax withholding obligations, generating proceeds/value of $531,490 (reported as $406,528 and $124,962).
Key Details
- Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (within the normal 2-business-day window).
- Disposals: 1,015 shares and 312 shares disposed at $400.52 each (total ~$531,490) to pay exercise price/tax liability (transaction code F).
- Acquisitions: 916 shares (RSU, $0 reported), 1,873 shares (RSU, $0 reported), and 3,468 derivative award shares (options/RSU-type) (all reported as grants, transaction code A).
- Footnotes of note:
- F1: 58.785 shares were acquired under the Employee Stock Payroll Deduction Plan since the last report.
- F2: The 916-share RSU vests one-third each year (Mar 10, 2027–2029).
- F3: The 1,873-share RSU vests in full on Mar 10, 2028 (subject to continued service).
- F4: The 3,468-share derivative award vests one-third each year on the grant anniversary (Mar 10, 2027–2029).
- Shares owned after the transactions: not specified in this Form 4.
Context
- The disposals marked with code F reflect shares surrendered to cover tax withholding or pay exercise price — a routine administrative step accompanying option exercises or RSU vesting, not an open-market sale.
- The grants were reported at $0 price (standard for RSU/option grants); vesting schedules mean the shares will be delivered over future anniversaries if service conditions are met.
- These awards and withholding transactions are common compensation events and should be interpreted as such; they do not by themselves indicate insider sentiment about the company’s stock price.