Domino's Pizza CTO Kelly Garcia Sells $4.0 Million in Stock After Options Exercise
On July 22, 2026, Domino's Pizza EVP and Chief Technology & Data Officer Kelly E. Garcia sold 12,430 shares of DPZ stock, generating approximately $4.0 million in proceeds. The transaction was a cashless exercise of options priced at $275.35 per share, with immediate sale at a weighted average price of $322.04 per share, realizing a $46.69 per share spread. The sale reduced Garcia's direct equity exposure by 57%, leaving her with 9,351 shares valued at about $2.99 million, representing a 0.0281% ownership stake in the $10.6 billion company. The article notes the sale occurred near a five-year low for the stock and follows Berkshire Hathaway's complete divestment of its Domino's position. Despite the insider sale, the company maintains a stable business model with a P/E ratio of 18 near multi-year lows, and Garcia retained 43% of her holdings, suggesting continued confidence.
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