4/A: El Pollo Loco Holdings Director Corrects Beneficial Ownership in Amended SEC Filing

Sentiment:

SEC Form 4/A


Samuel N. Borgese, a director of El Pollo Loco Holdings, Inc., files an amendment to a previous Form 4 to correct an error in the reported number of shares beneficially owned.

Summary

  • Samuel N. Borgese, a director of El Pollo Loco Holdings, Inc., filed an amended Form 4 with the SEC.
  • The amendment corrects a scrivener's error in the original Form 4 filed on March 11, 2025.
  • The error understated the number of common stock shares beneficially owned by Borgese in Column 5 of Table I.
  • The corrected filing shows Borgese beneficially owns 58,876 shares of common stock following the reported transaction.
  • The transaction on March 11, 2025, involved the acquisition of 8,637 restricted shares granted under the Equity Incentive Plan, vesting fully on the first anniversary of the grant date.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't indicate any significant positive or negative developments for the company, but transparency is generally viewed favorably.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Amendments, like this one, are sometimes necessary to correct errors and ensure accurate reporting.

Stakeholder Impact

  • Shareholders benefit from accurate and transparent reporting of insider transactions.

Key Dates

DateDescription
03/11/2025Date of the original transaction involving the acquisition of restricted shares.
03/11/2025Date of the original Form 4 filing containing the error.
03/13/2025Date of original filing that was amended.
04/07/2025Date of the amended Form 4/A filing.

Keywords

Form 4, Amendment, Beneficial Ownership, El Pollo Loco Holdings, LOCO, SEC Filing, Samuel N. Borgese, Director, Equity Incentive Plan, Restricted Shares

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