Chipotle (CMG) director Baldocchi gifts 6,672 shares, retains over 3.2M
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CHIPOTLE MEXICAN GRILL INC director Albert S. Baldocchi reported a bona fide gift of 6,672 shares of common stock. The transfer was recorded at a price of $0.00 per share, reflecting a charitable or personal gift rather than a market sale.
Following this transaction, Baldocchi directly holds 855,260 shares of Chipotle common stock. A separate entry shows 2,362,500 shares held indirectly through a trust established for the benefit of his children, indicating substantial remaining ownership after the gift.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,672 shares gifted
Mixed
2 txns
Insider
Baldocchi Albert S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | common stock | 6,672 | $0.00 | -- |
| holding | common stock | -- | -- | -- |
Holdings After Transaction:
common stock — 855,260 shares (Direct, null);
common stock — 2,362,500 shares (Indirect, Trust established for benefit of Children)
Footnotes (1)
Key Figures
Shares gifted: 6,672 shares
Gift price per share: $0.00 per share
Direct holdings after transaction: 855,260 shares
+2 more
5 metrics
Shares gifted
6,672 shares
Bona fide gift of common stock
Gift price per share
$0.00 per share
Reported value for gifted shares
Direct holdings after transaction
855,260 shares
Common stock held directly after gift
Indirect trust holdings
2,362,500 shares
Held by trust for benefit of children
Gift transactions count
1 transaction
Bona fide gift reported in summary
Key Terms
bona fide gift, indirect ownership, Form 4, non-derivative
4 terms
bona fide gift financial
"The transaction is coded as a bona fide gift of 6,672 shares."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
"Shares held through a trust are classified as indirect ownership."
Form 4 regulatory
"The insider transaction is reported on SEC Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
non-derivative financial
"The 6,672-share gift is reported as a non-derivative transaction."
FAQ
What insider transaction did CMG director Albert S. Baldocchi report?
Albert S. Baldocchi reported a bona fide gift of 6,672 shares of Chipotle common stock. The transaction is coded as a gift, meaning no sale proceeds were received, and it does not reflect an open-market trade.
What are Albert S. Baldocchi’s direct Chipotle (CMG) holdings after this Form 4?
After the reported gift, Albert S. Baldocchi directly holds 855,260 shares of Chipotle common stock. This indicates he retains a substantial personal stake in the company following the non-cash transfer.
Was the CMG insider transaction a market sale or a gift?
The CMG insider transaction was a bona fide gift, not a market sale. The Form 4 uses transaction code G and reports a price of $0.00 per share, indicating no cash proceeds were received.