DOMINOS PIZZA INC·4

Jul 10, 4:06 PM ET

GARCIA KELLY E 4

Research Summary

AI-generated summary

Updated

Domino's (DPZ) EVP Kelly Garcia Exercises Options, Sells 487 Shares

What Happened
Kelly E. Garcia, EVP & Chief Technology & Data Officer at Domino's Pizza (DPZ), exercised 487 option-based derivative awards and immediately sold 487 shares on July 9, 2026. The exercise price was $136.89 per share (total exercise cost $66,665), and the sale was executed at $297.01 per share for gross proceeds of $144,644. The filing shows the derivative conversion/settlement as a separate line (487 shares at $0.00), which reflects the exercise/conversion event.

Key Details

  • Transaction dates: July 9, 2026 (reported on Form 4 filed July 10, 2026)
  • Exercise (code M): 487 shares at $136.89 — total $66,665 (acquired)
  • Sale (code S): 487 shares at $297.01 — proceeds $144,644 (disposed)
  • Derivative conversion line: 487 shares at $0.00 (reflects exercise/conversion)
  • Footnote: Transaction was effected pursuant to a Rule 10b5-1 trading plan adopted May 13, 2025 (pre-arranged plan)
  • Shares owned after transaction: Not stated in the provided filing excerpt
  • Timeliness: Filing appears timely (transaction date 7/9/2026; Form 4 filed 7/10/2026)

Context
The sequence—exercise of option-derived shares followed by an immediate sale of the same number of shares—is commonly reported when insiders exercise options and sell the resulting shares (often called a cashless exercise or immediate disposition). The presence of a 10b5-1 trading plan indicates the sale was pre-arranged under an established plan and typically reduces concerns about trading on undisclosed insider information.