Form 4: El Pollo Loco CFO Ira Fils Reports Stock Transaction
SEC Form 4 Filing
CFO of El Pollo Loco Holdings, Inc., Ira Fils, reports a transaction involving the vesting of restricted stock and subsequent share withholding for tax obligations.
Summary
- On November 7, 2024, Ira Fils, the CFO of El Pollo Loco Holdings, Inc., filed a Form 4.
- The filing reports that Mr. Fils vested in 18,322 shares of common stock.
- The company withheld 6,659 shares to cover Mr. Fils' tax obligations related to the vesting.
- Following the transaction, Mr. Fils beneficially owns 106,035 shares of El Pollo Loco Holdings, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to executive compensation, with neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 11/07/2024 | Date of the reported transaction and filing of Form 4. |
| 11/06/2024 | Issuer's closing share price used for tax withholding ($12.91). |
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