Form 4: Domino's Pizza EVP, Chief Technology Officer Kelly E. Garcia Reports Stock Transactions
SEC Form 4
Kelly E. Garcia, EVP and Chief Technology Officer of Domino's Pizza, executed transactions involving the company's common stock on June 3, 2024, including the exercise of options and the sale of shares.
Summary
- On June 3, 2024, Kelly E. Garcia, the EVP and Chief Technology Officer of Domino's Pizza Inc. (DPZ), engaged in transactions involving the company's common stock.
- Garcia exercised options to purchase 2,200 shares of common stock at a price of $118.54 per share.
- Simultaneously, Garcia sold 2,200 shares of common stock at $523 per share.
- Following these transactions, Garcia directly owns 8,148.552 shares of Domino's Pizza Inc.
- The options exercised were granted on July 15, 2019, and are set to expire on July 15, 2025.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel within Domino's Pizza.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
- The transactions do not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 07/15/2019 | Date the options were granted. |
| 06/03/2024 | Date of the stock transactions (exercise of options and sale of shares). |
| 06/05/2024 | Date of the signature on the Form 4 filing. |
| 07/15/2025 | Expiration date of the options. |
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