Domino's Pizza (NYSE: DPZ) COO receives new options and RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Domino's Pizza executive Joseph Hugh Jordan, COO and President-Domino's US, reported new equity compensation and related tax withholding. He received options to purchase 8,276 shares of common stock at $400.52 per share, vesting one-third each year on March 10, 2027, 2028 and 2029. He also received 1,748 restricted stock units, which vest on the same schedule, with shares delivered after each vesting date. To cover tax obligations, 2,537 shares of common stock were disposed of via share withholding rather than market sales. Following these transactions, he directly holds 11,339.268 common shares and indirectly holds 244.447 shares through a 401(k) savings plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
JORDAN JOSEPH HUGH
Role
COO and President-Domino's US
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to Purchase Common Stock | 8,276 | $0.00 | -- |
| Tax Withholding | Common Stock, $0.01 par value | 1,991 | $400.52 | $797K |
| Tax Withholding | Common Stock, $0.01 par value | 546 | $400.52 | $219K |
| Grant/Award | Common Stock, $0.01 par value | 1,748 | $0.00 | -- |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
Holdings After Transaction:
Option to Purchase Common Stock — 8,276 shares (Direct);
Common Stock, $0.01 par value — 10,137.268 shares (Direct);
Common Stock, $0.01 par value — 244.447 shares (Indirect, 401(k) Savings Plan)
Footnotes (1)
- Represents a restricted stock unit award with service-based vesting criteria that shall vest one-third each year on the anniversary of the grant date. Thus, one-third shall vest on each of March 10, 2027, March 10, 2028 and March 10, 2029. Shares are issued and delivered following each vesting tranche of the award. The options to purchase common stock vest one-third each year on the anniversary of the grant date. Thus, one-third shall vest on each of March 10, 2027, March 10, 2028 and March 10, 2029.
FAQ
What equity awards did DPZ executive Joseph Hugh Jordan receive in this Form 4?
Joseph Hugh Jordan received options on 8,276 Domino's Pizza shares at $400.52 and 1,748 restricted stock units. Both awards are compensation grants, not open-market purchases, and form part of his long-term incentive package tied to continued service over several years.
How do the new Domino's (DPZ) equity awards for the COO vest over time?
Both the stock options and 1,748 restricted stock units vest in three equal installments. One-third vests on each of March 10, 2027, March 10, 2028, and March 10, 2029. Shares from the RSUs are issued and delivered after each vesting tranche is earned.
What is the exercise price and term of the new Domino's (DPZ) stock options?
The newly granted options allow purchase of 8,276 Domino's shares at an exercise price of $400.52 per share. They vest over three years starting in 2027 and expire on March 10, 2036, providing a long-dated incentive aligned with the company’s future performance.
Does this Domino's Pizza Form 4 indicate any remaining option position for the COO?
This Form 4 records a grant of options on 8,276 shares, vesting between 2027 and 2029, expiring in 2036. There are no derivative exercises in this filing, and the options reported here represent a new long-term derivative position granted as compensation.