Domino's Pizza (NYSE: DPZ) director gets 515-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BALSON ANDREW reported acquisition or exercise transactions in this Form 4 filing.
Domino's Pizza Inc. director Andrew Balson reported an equity award and updated indirect holdings. He received 515 shares of common stock as a grant of restricted stock units for Board service at a price of $0.00 per share, which will vest in full on April 21, 2027. Following the grant, he owns 2,785 shares directly. Indirectly, 30,633 shares are held through PIMARJ 2004, LLC and 6,870 shares through the Andrew B. Balson 2011 Irrevocable Family Trust, reflecting an internal transfer of shares to the LLC for no consideration under Rule 16a-13.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
BALSON ANDREW
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 par value | 515 | $0.00 | -- |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value — 2,785 shares (Direct, null);
Common Stock, $0.01 par value — 6,870 shares (Indirect, Andrew B. Balson 2011 Irrevocable Family Trust)
Footnotes (1)
- Represents a grant of restricted stock units for service on the Company's Board of Directors that shall vest 100% on the first anniversary of the issuance date. Thus, all shares shall vest on April 21, 2027. Reflects the transfer of all shares held in the Andrew B. Balson 2004 Irrevocable Family Trust to PIMARJ 2004, LLC, for no consideration. Such transfer was an exempt transfer pursuant to Rule 16a-13.
Key Figures
RSU grant size: 515 shares
Grant price: $0.00 per share
RSU vesting date: April 21, 2027
+3 more
6 metrics
RSU grant size
515 shares
Restricted stock units for Board service
Grant price
$0.00 per share
Equity award, not open-market purchase
RSU vesting date
April 21, 2027
100% vesting on first anniversary of issuance
Direct holdings after grant
2,785 shares
Common stock held directly by Andrew Balson
PIMARJ 2004, LLC holdings
30,633 shares
Common stock held indirectly via LLC
2011 Family Trust holdings
6,870 shares
Common stock held indirectly via irrevocable trust
Key Terms
restricted stock units, Irrevocable Family Trust, Rule 16a-13, indirect ownership
4 terms
restricted stock units financial
"Represents a grant of restricted stock units for service on the Company's Board of Directors"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Irrevocable Family Trust financial
"Andrew B. Balson 2011 Irrevocable Family Trust"
Rule 16a-13 regulatory
"Such transfer was an exempt transfer pursuant to Rule 16a-13"
indirect ownership financial
"direct_or_indirect: "I", nature_of_ownership: "PIMARJ 2004, LLC""
FAQ
What did Domino's Pizza (DPZ) director Andrew Balson report in this Form 4?
He reported an equity award and updated share holdings. The filing shows a grant of 515 restricted stock units for Board service and revised indirect ownership via an LLC and a family trust, with no open-market purchases or sales disclosed.
When do Andrew Balson’s new Domino's Pizza (DPZ) restricted stock units vest?
All 515 restricted stock units vest on April 21, 2027. The footnote explains they vest 100% on the first anniversary of the issuance date, aligning the award with a one-year Board service period before the shares are delivered.
What does the Rule 16a-13 reference mean in the Domino's Pizza (DPZ) Form 4?
Rule 16a-13 allows certain internal transfers to be treated as exempt for reporting purposes. Here, it applies to the transfer of all shares from the Andrew B. Balson 2004 Irrevocable Family Trust to PIMARJ 2004, LLC, with no consideration exchanged.