Form 4: Domino's Pizza Inc.: VP, Chief Accounting Officer Jessica L Parrish Reports Changes in Beneficial Ownership
SEC Form 4
Jessica L Parrish, VP, Chief Accounting Officer of Domino's Pizza Inc., reports changes in beneficial ownership of common stock due to tax withholding related to stock awards.
Summary
- Jessica L Parrish, the VP, Chief Accounting Officer of Domino's Pizza Inc. (DPZ), filed a Form 4 with the SEC.
- The report details changes in her beneficial ownership of Domino's common stock.
- The transactions on March 10, 2025, and March 11, 2025, involved the disposition of shares to cover tax obligations.
- Specifically, 81 shares were disposed of at a price of $440.03, followed by two transactions disposing of 25 shares each at the same price.
- On March 11, 2025, 19 shares were disposed of at $430.56.
- Following these transactions, Parrish directly owns 2,163.024 shares of Domino's common stock.
- The report also notes that 36.143 shares were acquired under the Domino's Employee Stock Payroll Deduction Plan since the last report.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions for tax purposes. It doesn't indicate a significant positive or negative outlook for the company.
Positives
- The reporting person acquired 36.143 shares under the Domino's Employee Stock Payroll Deduction Plan since the last report.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders, as mandated by the SEC.
- Similar filings are made by executives at comparable companies like McDonald's (MCD) and Restaurant Brands International (QSR) when they engage in transactions involving their company's stock.
- The details disclosed in this filing are consistent with the level of information expected in such reports.
Stakeholder Impact
- The transactions are unlikely to have a significant impact on stakeholders as they are related to tax obligations and represent a small portion of the outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Disposition of 81 shares of common stock at $440.03 per share for tax withholding. |
| 03/10/2025 | Disposition of 25 shares of common stock at $440.03 per share for tax withholding. |
| 03/10/2025 | Disposition of 25 shares of common stock at $440.03 per share for tax withholding. |
| 03/11/2025 | Disposition of 19 shares of common stock at $430.56 per share for tax withholding. |
| 03/12/2025 | Date of signature for the Form 4 filing. |
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