Form 4: El Pollo Loco CFO Ira Fils Reports Routine Stock Vesting and Tax Withholding

El Pollo Loco Holdings, Inc.'s Chief Financial Officer, Ira Fils, reported a routine transaction involving the vesting of common stock and subsequent withholding of shares for tax obligations.

Summary

• On May 29, 2025, El Pollo Loco Holdings, Inc. CFO Ira Fils reported a transaction related to the vesting of restricted stock.
• Mr. Fils vested in 5,976 shares of common stock.
• The issuer retained 2,139 shares of common stock to satisfy Mr. Fils' tax obligation upon the vesting of the restricted stock award.
• The price at which the shares were withheld for tax purposes was $9.90 per share, based on the issuer's closing share price on May 28, 2025.
• Following this transaction, Mr. Fils beneficially owns 120,621 shares of El Pollo Loco common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, non-discretionary transaction related to equity compensation vesting and tax withholding, which is a common occurrence for corporate executives.

Positives

• Vesting of 5,976 shares of common stock for CFO Ira Fils, indicating the realization of equity compensation.

Negatives

• 2,139 shares were disposed of to satisfy tax obligations, resulting in a reduction of direct beneficial ownership by that amount.

Future Outlook

This document does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing is a routine disclosure of an insider's equity compensation transaction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction related to executive compensation, not a market sale.

Key Dates

Keywords

El Pollo Loco, LOCO, Ira Fils, CFO, Form 4, SEC filing, insider transaction, stock vesting, restricted stock, tax withholding, beneficial ownership