Form 4: Andrew Balson Reports Changes in Beneficial Ownership of Domino's Pizza Inc. Stock
SEC Form 4 Filing
Director Andrew Balson reports acquisition of Domino's Pizza Inc. stock through restricted stock units, as well as adjustments to indirect ownership via family trusts.
Summary
- On March 11, 2024, Andrew Balson, a director of Domino's Pizza Inc., reported changes in his beneficial ownership of the company's stock.
- Balson acquired 62 shares of common stock at $0.00 per share.
- These shares were obtained as restricted stock units, elected in lieu of cash retainer fees under the Domino's Pizza Deferred Compensation Plan.
- Following the transaction, Balson directly owns 21,856 shares.
- Balson also has indirect ownership through the Andrew B. Balson 2004 Irrevocable Family Trust (25,310 shares) and the Andrew B. Balson 2011 Irrevocable Family Trust (6,870 shares).
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard regulatory filing. The director taking stock in lieu of cash is a mildly positive signal.
Positives
- Director's decision to take compensation in stock aligns interests with shareholders.
- The acquisition of shares demonstrates confidence in the company's future.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns director's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of transaction (acquisition of stock). |
| 03/13/2024 | Date of signature on the Form 4 filing. |
| October 11, 2022 | Date of the Amended and Restated Domino's Pizza Deferred Compensation Plan. |
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