HEADEN CYNTHIA A 4
Research Summary
AI-generated summary
Domino's Pizza (DPZ) EVP Cynthia Headen Sells 738 Shares
What Happened
- Cynthia A. Headen, EVP & Chief Supply Chain Officer of Domino's Pizza (DPZ), disposed of shares in two related transactions. On 2026-03-12 she had 105 shares withheld/disposed to cover an exercise or tax liability at $395.98 per share (value $41,578). On 2026-03-13 she sold 738 shares in an open-market sale at $396.50 per share for proceeds of $292,617. These are sales/dispositions (not purchases).
Key Details
- Dates & prices:
- 2026-03-12: 105 shares @ $395.98 — disposed to cover exercise/tax liability (value $41,578).
- 2026-03-13: 738 shares @ $396.50 — open-market sale (proceeds $292,617).
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnote: The filing states the transaction(s) were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 18, 2025.
- Filing timeliness: Form 4 filed 2026-03-16; this filing date appears to be within the standard two-business-day reporting window for the reported trade dates.
Context
- The 105-share disposition coded as payment of exercise price/tax liability typically reflects shares withheld to satisfy tax withholding on an option exercise or vesting event; the separate open-market sale of 738 shares suggests a planned sale rather than an ad-hoc insider trade.
- The presence of a 10b5-1 trading plan indicates these trades were pre-specified under an automated plan, which is commonly used to avoid timing questions; this is factual, not a statement about intent or sentiment.