Domino’s (DPZ) EVP awarded stock options and RSUs with tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DOMINOS PIZZA INC executive Frank Garrido reported equity compensation and related tax withholding transactions. He received an option grant for 4,729 shares of common stock at an exercise price of $400.52 per share, expiring on March 10, 2036, vesting in three equal annual installments starting March 10, 2027.
He also received 1,249 shares of common stock as a restricted stock unit award that vests one-third on each of March 10, 2027, March 10, 2028, and March 10, 2029. To cover tax liabilities, 1,274 shares of common stock were disposed of through tax-withholding transactions at $400.52 per share. After these transactions, he directly holds 9,942.543 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
GARRIDO FRANK
Role
EVP, Chief Restaurant Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to Purchase Common Stock | 4,729 | $0.00 | -- |
| Tax Withholding | Common Stock, $0.01 par value | 944 | $400.52 | $378K |
| Tax Withholding | Common Stock, $0.01 par value | 330 | $400.52 | $132K |
| Grant/Award | Common Stock, $0.01 par value | 1,249 | $0.00 | -- |
Holdings After Transaction:
Option to Purchase Common Stock — 4,729 shares (Direct);
Common Stock, $0.01 par value — 9,023.543 shares (Direct)
Footnotes (1)
- Includes 58.785 shares acquired under the Domino's Employee Stock Payroll Deduction Plan since the date of the last report. 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 did Domino's (DPZ) executive Frank Garrido receive in this Form 4 filing?
Frank Garrido received an option grant and a stock award. He was granted options for 4,729 shares at $400.52 per share and 1,249 restricted stock units that vest over three years, reflecting routine equity-based compensation.
How do the new stock options for Domino's (DPZ) executive vest?
The 4,729 options vest in three equal installments. One-third vests on each of March 10, 2027, March 10, 2028, and March 10, 2029, giving Garrido a staggered schedule before he can fully exercise them.
What are the terms of the restricted stock units granted to the Domino's (DPZ) executive?
Garrido received 1,249 restricted stock units with service-based vesting. One-third will vest on each of March 10, 2027, March 10, 2028, and March 10, 2029, with shares issued and delivered after each vesting date.
Do these Domino's (DPZ) Form 4 transactions indicate open-market buying or selling?
The filing shows equity grants and tax-withholding, not open-market trades. Options and restricted stock units were awarded as compensation, while 1,274 shares were withheld to cover taxes, so there were no discretionary market purchases or sales reported.