Form 4: El Pollo Loco Holdings Officer Hollandsworth Reports Stock Transaction
SEC Form 4 Filing
Maria Hollandsworth, President & COO of El Pollo Loco Holdings, Inc., reports disposition of shares to cover tax obligations upon vesting of restricted stock.
Summary
- On May 9, 2024, Maria Hollandsworth, President & COO of El Pollo Loco Holdings, Inc., had 1,416 shares of common stock disposed of to cover tax obligations.
- The shares were retained by the issuer to satisfy the reporting person's tax obligation upon vesting of a restricted stock award.
- The transaction occurred at a price of $10.35 per share.
- Following the transaction, Hollandsworth beneficially owns 38,945 shares of El Pollo Loco Holdings, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine procedure related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of stock transaction where 1,416 shares were disposed of to cover tax obligations. |
| 05/10/2024 | Date of signature by Attorney-in-Fact. |
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