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 withholding of shares to cover tax obligations.
Summary
- On May 9, 2024, Ira Fils, the CFO of El Pollo Loco Holdings, Inc., reported a transaction on SEC Form 4.
- The transaction involved the vesting of 6,898 shares of common stock.
- El Pollo Loco retained 2,352 shares to satisfy Fils' tax obligations upon vesting.
- Following the transaction, Fils beneficially owns 93,524 shares of El Pollo Loco common stock.
- The price quoted is the issuer's closing share price on May 8, 2024, which was $10.35.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation and stock ownership, and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, such as officers and directors, ensuring fair market practices.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Issuer's closing share price was $10.35. |
| 05/09/2024 | Date of stock transaction (vesting and tax withholding). |
| 05/10/2024 | Date of signature on the Form 4 filing. |
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