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 May 15, 2025, Maria Hollandsworth, the Chief Operating Officer of El Pollo Loco Holdings, Inc., had shares of common stock disposed of to cover tax obligations.
- Specifically, 8,095 shares were disposed of at a price of $9.5 per share to satisfy tax obligations related to the vesting of restricted stock.
- Following the transaction, Hollandsworth directly owns 108,805 shares of El Pollo Loco Holdings, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates a common practice of executives selling shares to cover tax obligations arising from vesting equity awards.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares to cover tax obligations.
- The disclosure provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of stock transaction (disposal of shares). |
| 05/16/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, El Pollo Loco Holdings, Maria Hollandsworth, Stock Transaction, Beneficial Ownership, LOCO, COO
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