Domino's Pizza (DPZ) VP receives stock grant as 69 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Domino's Pizza vice president and principal accounting officer Brian James Pangburn reported a routine equity compensation transaction. He received 277 shares of common stock as part of a restricted stock unit award with service-based vesting. The award vests in three equal installments on June 30, 2027, June 30, 2028, and June 30, 2029, with shares delivered after each vesting date. On the same day, 69 shares were disposed of at $296.04 per share to satisfy tax obligations, a tax-withholding disposition rather than an open-market sale. After these transactions, Pangburn directly holds 1,090 shares of Domino's Pizza common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
PANGBURN BRIAN JAMES
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.01 par value | 69 | $296.04 | $20K |
| Grant/Award | Common Stock, $0.01 par value | 277 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $0.01 par value — 1,090 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 277 shares
Tax-withheld shares: 69 shares
Post-transaction holdings: 1,090 shares
+1 more
4 metrics
Shares granted
277 shares
Restricted stock unit award on June 30, 2026
Tax-withheld shares
69 shares
Disposed to cover tax liability at $296.04 per share
Post-transaction holdings
1,090 shares
Common stock held directly after Form 4 transactions
Tax-withholding price
$296.04 per share
Price used for 69-share tax-withholding disposition
Key Terms
restricted stock unit award, service-based vesting, tax-withholding disposition, vesting tranche
4 terms
restricted stock unit award financial
"Represents a restricted stock unit award with service-based vesting criteria"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
service-based vesting financial
"restricted stock unit award with service-based vesting criteria that shall vest one-third each year"
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
vesting tranche financial
"Shares are issued and delivered following each vesting tranche of the award"
FAQ
What did Domino's Pizza (DPZ) executive Brian Pangburn report in this Form 4?
Brian Pangburn reported a routine equity compensation event, receiving 277 shares of Domino's Pizza common stock and disposing of 69 shares for tax withholding. These transactions reflect a restricted stock unit award and related tax settlement, not an open-market purchase or sale.
What is the vesting schedule for Brian Pangburn's new Domino's Pizza restricted stock units?
The restricted stock unit award vests in three equal annual installments. One-third of the award vests on June 30, 2027, another third on June 30, 2028, and the final third on June 30, 2029, with shares issued after each vesting tranche.