Form 4: Domino's Pizza Executive Cynthia Headen Reports Stock Award and Disposal
SEC Form 4 Filing
EVP and Chief Supply Chain Officer of Domino's Pizza, Cynthia Headen, reports acquisition of 342 shares and disposal of 3,821.111 shares of common stock on January 24, 2025.
Summary
- Cynthia Headen, EVP and Chief Supply Chain Officer of Domino's Pizza, filed a Form 4 detailing changes in beneficial ownership.
- On January 24, 2025, Ms. Headen acquired 342 shares of Domino's Pizza common stock at $0.00 and disposed of 3,821.111 shares.
- These transactions relate to performance-based restricted stock units (PSUs) granted in 2022, with the number of shares earned based on the company's performance over a three-year period ending December 29, 2024.
- The PSUs are subject to vesting based on continued service through March 10, 2025.
- Following the reported transactions, Ms. Headen directly owns 0 shares and indirectly owns 22.368 shares through her spouse.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 2022 | Year the performance-based restricted stock unit awards (PSUs) were granted to the reporting person. |
| December 29, 2024 | End date of the three-year performance period for the PSUs. |
| January 24, 2025 | Date of the stock acquisition and disposal transactions. |
| January 28, 2025 | Date of the signature on the Form 4 filing. |
| March 10, 2025 | Date through which continued service is required for vesting of the PSUs. |
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