[Form 4] Papa John's International Inc Insider Trading Activity
John W. Garratt, a director of Papa John’s International, reported a purchase of 65 shares of Papa John’s common stock on 08/29/2025 at a reported price of $48.71 per share. The filing states these shares represent the acquisition of dividend equivalent rights on annual restricted stock unit awards rather than an open-market purchase. After the transaction, Garratt beneficially owns 7,069 shares directly. The Form 4 was signed by Debra Tate Johnson under power of attorney on 09/02/2025. The report is a routine insider disclosure of compensation-related equity activity.
John W. Garratt, membro del consiglio di Papa John鈥檚 International, ha dichiarato l'acquisizione di 65 azioni ordinarie di Papa John鈥檚 il 29/08/2025 al prezzo riportato di $48,71 per azione. La comunicazione specifica che si tratta dell'ottenimento di diritti equivalenti ai dividendi derivanti da premi annuali in unit脿 di azioni vincolate, non di un acquisto sul mercato aperto. Dopo l'operazione, Garratt possiede beneficiariamente 7.069 azioni direttamente. Il Modulo 4 猫 stato firmato per procura da Debra Tate Johnson il 02/09/2025. La segnalazione rientra nelle abituali comunicazioni interne relative a movimenti azionari legati alla retribuzione.
John W. Garratt, director de Papa John鈥檚 International, inform贸 la adquisici贸n de 65 acciones ordinarias de Papa John鈥檚 el 29/08/2025 a un precio reportado de $48.71 por acci贸n. El informe aclara que se trata de la obtenci贸n de derechos equivalentes a dividendos sobre adjudicaciones anuales de unidades restringidas de acciones, y no de una compra en el mercado abierto. Tras la operaci贸n, Garratt posee beneficiariamente 7.069 acciones de forma directa. El Formulario 4 fue firmado por poder por Debra Tate Johnson el 02/09/2025. La notificaci贸n es una divulgaci贸n rutinaria de actividad patrimonial relacionada con la compensaci贸n.
John W. Garratt, Papa John鈥檚 International 鞚挫偓須� 鞚挫偓電� 2025-08-29鞐� Papa John鈥檚 氤错喌欤� 65欤�毳� 欤茧嫻 $48.71搿� 旆摑頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 鞝滌稖靹滊鞐愲姅 頃措嫻 瓯半灅臧� 臧滊癌鞁滌灔 毵れ瀰鞚� 鞎勲媹霛� 鞐半 鞝滍暅欤� 雼渼 氤挫儊鞐� 雽�頃� 氚半嫻 靸侂嫻甓岆Μ鞚� 旆摑鞛勳澊 氇呾嫓霅橃柎 鞛堨姷雼堧嫟. 瓯半灅 頉� Garratt電� 歆侅爲鞝侅溂搿� 7,069欤�毳� 鞁れ 氤挫湢頃橁碃 鞛堨姷雼堧嫟. Form 4電� 2025-09-02鞐� Debra Tate Johnson鞚� 鞙勳瀯鞛レ溂搿� 靹滊獏頄堨姷雼堧嫟. 鞚� 氤搓碃電� 氤挫垬 甏�霠� 歆�攵� 氤�霃欖棎 雽�頃� 鞚检儊鞝侅澑 雮措秬鞛� 瓿奠嫓鞛呺媹雼�.
John W. Garratt, administrateur de Papa John鈥檚 International, a d茅clar茅 l'acquisition de 65 actions ordinaires de Papa John鈥檚 le 29/08/2025 au prix d茅clar茅 de 48,71 $ par action. Le d茅p么t pr茅cise qu'il s'agit de l'obtention de droits 茅quivalents aux dividendes li茅s 脿 des attributions annuelles d'unit茅s d'actions restreintes, et non d'un achat sur le march茅 libre. Apr猫s la transaction, Garratt d茅tient directement 脿 titre b茅n茅ficiaire 7 069 actions. Le formulaire 4 a 茅t茅 sign茅 par procuration par Debra Tate Johnson le 02/09/2025. Il s'agit d'une divulgation interne de routine concernant une op茅ration en actions li茅e 脿 la r茅mun茅ration.
John W. Garratt, Aufsichtsratmitglied von Papa John鈥檚 International, meldete den Erwerb von 65 Aktien der Stammaktien von Papa John鈥檚 am 29.08.2025 zu einem gemeldeten Preis von $48,71 pro Aktie. Die Meldung weist darauf hin, dass es sich um den Erwerb von dividenden盲quivalenten Rechten aus j盲hrlichen Restricted-Stock-Unit-Zuteilungen handelt und nicht um einen Kauf am freien Markt. Nach der Transaktion besitzt Garratt wirtschaftlich direkt 7.069 Aktien. Das Formular 4 wurde am 02.09.2025 von Debra Tate Johnson per Vollmacht unterzeichnet. Die Meldung ist eine routinem盲脽ige Insiderangabe zu verg眉tungsbedingten Aktienbewegungen.
- Timely compliance: Form 4 filed and signed by power of attorney demonstrating adherence to Section 16 reporting rules
- Compensation alignment: Acquisition resulted from dividend equivalents on RSUs, aligning director incentives with shareholder outcomes
- None.
Insights
TL;DR: Routine insider equity award settlement disclosed; small share amount tied to RSU dividend equivalents, not an independent market buy.
The transaction reflects the settlement of dividend equivalent rights on annual restricted stock units, indicating compensation-related equity accrual rather than an opportunistic insider purchase. The size鈥�65 shares鈥攔epresents a de minimis change relative to total reported beneficial ownership of 7,069 shares. From a governance perspective, timely filing and use of a power of attorney for signature show compliance with Section 16 reporting requirements.
TL;DR: The reported acquisition is immaterial to company capitalization and unlikely to alter investor valuation metrics.
The entry price of $48.71 reflects the reported per-share value at settlement, but because the shares stem from dividend equivalents on RSUs, they do not indicate fresh personal capital deployment or a signal of insider confidence beyond routine compensation. The post-transaction direct ownership of 7,069 shares should be viewed as modest insider holding size; no derivative instruments or sales were reported.
John W. Garratt, membro del consiglio di Papa John鈥檚 International, ha dichiarato l'acquisizione di 65 azioni ordinarie di Papa John鈥檚 il 29/08/2025 al prezzo riportato di $48,71 per azione. La comunicazione specifica che si tratta dell'ottenimento di diritti equivalenti ai dividendi derivanti da premi annuali in unit脿 di azioni vincolate, non di un acquisto sul mercato aperto. Dopo l'operazione, Garratt possiede beneficiariamente 7.069 azioni direttamente. Il Modulo 4 猫 stato firmato per procura da Debra Tate Johnson il 02/09/2025. La segnalazione rientra nelle abituali comunicazioni interne relative a movimenti azionari legati alla retribuzione.
John W. Garratt, director de Papa John鈥檚 International, inform贸 la adquisici贸n de 65 acciones ordinarias de Papa John鈥檚 el 29/08/2025 a un precio reportado de $48.71 por acci贸n. El informe aclara que se trata de la obtenci贸n de derechos equivalentes a dividendos sobre adjudicaciones anuales de unidades restringidas de acciones, y no de una compra en el mercado abierto. Tras la operaci贸n, Garratt posee beneficiariamente 7.069 acciones de forma directa. El Formulario 4 fue firmado por poder por Debra Tate Johnson el 02/09/2025. La notificaci贸n es una divulgaci贸n rutinaria de actividad patrimonial relacionada con la compensaci贸n.
John W. Garratt, Papa John鈥檚 International 鞚挫偓須� 鞚挫偓電� 2025-08-29鞐� Papa John鈥檚 氤错喌欤� 65欤�毳� 欤茧嫻 $48.71搿� 旆摑頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 鞝滌稖靹滊鞐愲姅 頃措嫻 瓯半灅臧� 臧滊癌鞁滌灔 毵れ瀰鞚� 鞎勲媹霛� 鞐半 鞝滍暅欤� 雼渼 氤挫儊鞐� 雽�頃� 氚半嫻 靸侂嫻甓岆Μ鞚� 旆摑鞛勳澊 氇呾嫓霅橃柎 鞛堨姷雼堧嫟. 瓯半灅 頉� Garratt電� 歆侅爲鞝侅溂搿� 7,069欤�毳� 鞁れ 氤挫湢頃橁碃 鞛堨姷雼堧嫟. Form 4電� 2025-09-02鞐� Debra Tate Johnson鞚� 鞙勳瀯鞛レ溂搿� 靹滊獏頄堨姷雼堧嫟. 鞚� 氤搓碃電� 氤挫垬 甏�霠� 歆�攵� 氤�霃欖棎 雽�頃� 鞚检儊鞝侅澑 雮措秬鞛� 瓿奠嫓鞛呺媹雼�.
John W. Garratt, administrateur de Papa John鈥檚 International, a d茅clar茅 l'acquisition de 65 actions ordinaires de Papa John鈥檚 le 29/08/2025 au prix d茅clar茅 de 48,71 $ par action. Le d茅p么t pr茅cise qu'il s'agit de l'obtention de droits 茅quivalents aux dividendes li茅s 脿 des attributions annuelles d'unit茅s d'actions restreintes, et non d'un achat sur le march茅 libre. Apr猫s la transaction, Garratt d茅tient directement 脿 titre b茅n茅ficiaire 7 069 actions. Le formulaire 4 a 茅t茅 sign茅 par procuration par Debra Tate Johnson le 02/09/2025. Il s'agit d'une divulgation interne de routine concernant une op茅ration en actions li茅e 脿 la r茅mun茅ration.
John W. Garratt, Aufsichtsratmitglied von Papa John鈥檚 International, meldete den Erwerb von 65 Aktien der Stammaktien von Papa John鈥檚 am 29.08.2025 zu einem gemeldeten Preis von $48,71 pro Aktie. Die Meldung weist darauf hin, dass es sich um den Erwerb von dividenden盲quivalenten Rechten aus j盲hrlichen Restricted-Stock-Unit-Zuteilungen handelt und nicht um einen Kauf am freien Markt. Nach der Transaktion besitzt Garratt wirtschaftlich direkt 7.069 Aktien. Das Formular 4 wurde am 02.09.2025 von Debra Tate Johnson per Vollmacht unterzeichnet. Die Meldung ist eine routinem盲脽ige Insiderangabe zu verg眉tungsbedingten Aktienbewegungen.
FAQ
What transaction did John W. Garratt report on Form 4 for PZZA?
How many Papa John鈥檚 shares does Garratt own after the reported transaction?
Was this transaction an open-market purchase or compensation-related?
Who signed the Form 4 and when was it signed?
Does the Form 4 report any derivative transactions or sales by Garratt?
