Form 4: El Pollo Loco CFO Ira Fils Reports Stock Transaction
SEC Form 4 Filing
Ira Fils, CFO of El Pollo Loco Holdings, Inc., reports a transaction involving the vesting of restricted stock and subsequent share withholding for tax obligations.
Summary
- On August 23, 2024, Ira Fils, the CFO of El Pollo Loco Holdings, Inc., reported a transaction related to common stock.
- The transaction involved the vesting of 13,369 shares of common stock.
- El Pollo Loco retained 4,731 shares to cover Fils' tax obligations upon vesting.
- Following the transaction, Fils beneficially owns 112,694 shares of El Pollo Loco common stock.
- The price per share used for tax withholding was $13.36, based on the closing share price on August 22, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects changes in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 08/22/2024 | Issuer's closing share price used for tax obligation calculation ($13.36). |
| 08/23/2024 | Date of stock transaction (vesting and tax withholding). |
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