Form 4: El Pollo Loco Holdings Executive Hollandsworth Reports Stock Transaction
SEC Form 4 Filing
Maria Hollandsworth, Chief Operating Officer of El Pollo Loco Holdings, reports disposition of shares to cover tax obligations upon vesting of restricted stock.
Summary
- On November 7, 2024, Maria Hollandsworth, the Chief Operating Officer of El Pollo Loco Holdings, reported a transaction involving the company's common stock.
- The transaction involved the disposition of 9,126 shares to satisfy tax obligations related to the vesting of restricted stock.
- The shares were disposed of at a price of $12.91 per share.
- Following the transaction, Hollandsworth beneficially owns 106,139 shares of El Pollo Loco Holdings.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine transaction related to tax obligations.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 11/07/2024 | Date of the stock transaction and filing of the Form 4. |
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