Chipotle Mexican Grill (CMG) awards RSUs and SOSARs to Chief Brand Officer
Rhea-AI Filing Summary
CHIPOTLE MEXICAN GRILL INC granted Chief Brand Officer Fernando Machado new equity awards on August 7, 2026. He received 76,243 shares of common stock as a new-hire restricted stock unit award that vests in equal amounts on the second and third anniversaries of the grant date, subject to possible acceleration. He also received 235,184 stock-only stock appreciation rights (SOSARs) with an exercise price of $32.79 per share, vesting on the same schedule and expiring on August 7, 2033. Following these awards, he directly holds 76,243 shares of common stock and 235,184 SOSARs.
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Insider Trade Summary
Net Buyer: 76,243 shares
Net Buy
2 txns
Insider
Machado Fernando
Role
Chief Brand Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | New hire SOSAR F2 | 235,184 | $0.00 | $0.00 |
| Grant/Award | common stock F1 | 76,243 | $0.00 | $0.00 |
Holdings After Transaction:
New hire SOSAR — 235,184 shares (Direct);
common stock — 76,243 shares (Direct)
Footnotes (2)
- F1. Represents a new hire award of restricted stock units (RSUs) that will vest in equal amounts on the second and third anniversaries of the grant date, subject to possible acceleration of vesting.
- F2. Represents an award of stock only stock appreciation rights (SOSARs) that will vest in equal amounts on the second and third anniversaries of the grant date, subject to possible acceleration of vesting.
Key Figures
RSU-based common shares granted: 76,243
SOSARs granted: 235,184
SOSAR exercise price: $32.79 per share
+3 more
6 metrics
RSU-based common shares granted
76,243
New-hire RSU award granted August 7, 2026
SOSARs granted
235,184
Stock-only stock appreciation rights granted August 7, 2026
SOSAR exercise price
$32.79 per share
Conversion or exercise price of SOSARs
SOSAR expiration
August 7, 2033
Expiration date of stock-only stock appreciation rights
Common shares held after award
76,243
Total Chipotle common shares directly held by Machado after transactions
SOSARs held after award
235,184
Total SOSARs directly held by Machado after transactions
Key Terms
restricted stock units (RSUs), stock only stock appreciation rights (SOSARs), exercise price, expiration date
4 terms
restricted stock units (RSUs) financial
"Represents a new hire award of restricted stock units (RSUs) that will vest"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
stock only stock appreciation rights (SOSARs) financial
"Represents an award of stock only stock appreciation rights (SOSARs) that will vest"
exercise price financial
"conversion or exercise price of $32.7900 per SOSAR"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"SOSARs have an expiration date of 2033-08-07"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did Chipotle (CMG) grant to Fernando Machado?
Chipotle granted Chief Brand Officer Fernando Machado 76,243 RSU-based common shares and 235,184 SOSARs on August 7, 2026. Both awards vest in equal amounts on the second and third anniversaries of the grant date, with vesting subject to possible acceleration.
What are the terms of Fernando Machado’s Chipotle (CMG) SOSARs?
Machado received 235,184 stock-only stock appreciation rights (SOSARs) with a per-share exercise price of $32.79. The SOSARs vest in equal amounts on the second and third anniversaries of the August 7, 2026 grant date and expire on August 7, 2033.
When do Fernando Machado’s Chipotle (CMG) equity awards vest?
Both the 76,243 RSU-based shares and 235,184 SOSARs granted to Fernando Machado vest in equal amounts on the second and third anniversaries of the August 7, 2026 grant date, according to the award terms, and vesting may be accelerated under certain conditions.