DOMINOS PIZZA INC·4

Jul 23, 4:54 PM ET

GARCIA KELLY E 4

Research Summary

AI-generated summary

Updated

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

What Happened
Kelly E. Garcia, EVP and Chief Technology & Data Officer of Domino's Pizza (DPZ), exercised a total of 12,430 option-derived shares on July 22, 2026 and sold all 12,430 shares the same day. The exercises (reported with code M) included: 8,220 shares at $300.16 ($2,467,315), 1,540 at $212.52 ($327,281), 1,370 at $283.68 ($388,642), 1,010 at $275.35 ($278,104), and 290 at $275.35 ($79,852) — total exercise cost ~$3,541,194. The open-market sales (code S) generated total gross proceeds of about $4,002,979, with weighted-average sale prices in the $320.50–$323.18 range across multiple trades. In short: options were exercised and the resulting shares were sold the same day (cashless-style transaction).

Key Details

  • Transaction date: July 22, 2026; Form filed July 23, 2026 (timely).
  • Options exercised (M): 12,430 shares; total exercise outlay ≈ $3,541,194.
  • Shares sold (S): 12,430 shares; total proceeds ≈ $4,002,979.
  • Weighted-average sale prices reported across multiple trades: roughly $320.50–$323.18 (see footnotes for ranges).
  • Net effect on ownership from these entries: no change (12,430 acquired and 12,430 disposed).
  • Footnotes: multiple sale trades executed at variable prices; weighted averages reported (F1–F4 describe price ranges).
  • Filing timeliness: reported promptly (no late filing indicated).

Context
This filing shows an options exercise followed by immediate sales of the exercised shares — commonly a cashless exercise or same-day sale to cover exercise costs and taxes. The Form 4 lists both the exercise (derivative conversion) and the subsequent open-market sales; several derivative entries appear with $0.00 reported value reflecting conversion reporting. These transactions are routine executive option exercises and sales; they do not by themselves indicate a change in long-term insider sentiment.