Form 4: Domino's Pizza Inc. Executive Frank Garrido Reports Stock Disposal
SEC Form 4 Filing
Frank Garrido, EVP and Chief Restaurant Officer of Domino's Pizza Inc., disposed of 52 shares of common stock to cover tax obligations.
Summary
- On July 15, 2024, Frank Garrido, the EVP and Chief Restaurant Officer of Domino's Pizza Inc. (DPZ), disposed of 52 shares of common stock.
- The transaction was executed at a price of $483.03 per share.
- This disposal was to cover tax obligations.
- Following the transaction, Garrido directly owns 6,271.277 shares of Domino's Pizza Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine transaction. It doesn't indicate positive or negative performance for the company.
Industry Context
This filing is a routine disclosure of insider transactions, which are common among corporate executives. It provides transparency into the trading activities of company insiders, allowing investors to monitor potential alignment or misalignment of interests between management and shareholders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares being disposed of by an executive.
Key Dates
| Date | Description |
|---|---|
| 07/15/2024 | Date of stock disposal transaction |
| 07/17/2024 | Date of signature for the report |
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