HEADEN CYNTHIA A 4
Research Summary
AI-generated summary
Domino's (DPZ) EVP Cynthia Headen Sells 1,745 Shares
What Happened
Cynthia A. Headen, EVP & Chief Supply Chain Officer of Domino's Pizza, disposed of a total of 1,849 shares on March 11, 2026. She sold 1,745 shares in an open-market transaction at $399.60 per share for proceeds of $697,302, and 104 shares were withheld/used to satisfy an exercise price or tax liability at $393.29 per share (value ≈ $40,902). The transactions are dispositions (sales/withholding), not purchases.
Key Details
- Transaction dates and prices:
- 2026-03-11: 1,745 shares sold @ $399.60 — $697,302 (code S: sale)
- 2026-03-11: 104 shares withheld/used to pay exercise price or tax @ $393.29 — $40,902 (code F: tax/withholding)
- Total shares disposed: 1,849; total value ≈ $738,204.
- Shares owned after the transaction: not specified in the provided filing.
- Footnote: The open-market sale was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 18, 2025.
- Filing timeliness: Report filed Mar 13, 2026 for transactions on Mar 11, 2026 (within the typical 2-business-day Form 4 window).
Context
The 104-share F-code entry indicates shares were withheld to cover an exercise price or tax liability rather than sold on the open market for cash — a common administrative step after option exercises or award vesting. The larger 1,745-share sale was executed under a pre-established 10b5-1 plan, which is a planned trading arrangement that can reduce the appearance of insider timing. Sales are common and do not necessarily indicate negative views about the company; purchases generally carry more direct informational weight for investors.