Chipotle (NYSE: CMG) director Laura Fuentes granted 6,880 shares as board compensation

Rhea-AI Filing Summary

Fuentes Laura reported acquisition or exercise transactions in this Form 4 filing.

Chipotle Mexican Grill director Laura Fuentes received a stock grant as part of her board compensation. She was awarded 6,880 shares of common stock at a grant value of $31.25 per share under the Chipotle Mexican Grill, Inc. 2022 Stock Incentive Plan.

The grant compensates her service as a director from June 2026 through May 2027, and the shares are freely tradable on the grant date. Following this award, Fuentes directly holds 18,282 shares of Chipotle common stock, reflecting a routine equity-based compensation arrangement rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Fuentes Laura

Role null

Type	Security	Shares	Price	Value
Grant/Award	common stock	6,880	$31.25	$215K

Holdings After Transaction: common stock — 18,282 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Stock grant shares: 6,880 shares Grant price: $31.25 per share Post-grant holdings: 18,282 shares +2 more

5 metrics

Stock grant shares 6,880 shares Common stock awarded as director compensation

Grant price $31.25 per share Value used for stock grant on grant date

Post-grant holdings 18,282 shares Total Chipotle common shares held directly after grant

Transaction code A Grant, award, or other acquisition of common stock

Service period covered June 2026–May 2027 Board service period compensated by the stock grant

Key Terms

2022 Stock Incentive Plan, Grant, award, or other acquisition, Form 4, freely tradeable

4 terms

2022 Stock Incentive Plan financial

"received shares of common stock under the Chipotle Mexican Grill, Inc. 2022 Stock Incentive Plan as compensation"

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Form 4 regulatory

"INSIDER FILING DATA (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.

freely tradeable financial

"The shares are freely tradeable on the date of grant."

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Fuentes Laura

(Last) (First) (Middle)

C/O CHIPOTLE MEXICAN GRILL, INC.

610 NEWPORT CENTER DR., SUITE 1100

(Street)

NEWPORT BEACH CALIFORNIA 92660

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CHIPOTLE MEXICAN GRILL INC [ CMG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
common stock	06/11/2026		A		6,880(1)	A	$31.25	18,282	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reporting person received shares of common stock under the Chipotle Mexican Grill, Inc. 2022 Stock Incentive Plan as compensation for the reporting person's service as a director from June 2026 through May 2027. The shares are freely tradeable on the date of grant.

	/s/ Lauren Assaf-Holmes, pursuant to power of attorney filed herewith	06/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Chipotle (CMG) director Laura Fuentes report in this Form 4?

Laura Fuentes reported receiving 6,880 shares of Chipotle common stock as a grant. The award was issued under the 2022 Stock Incentive Plan as compensation for board service from June 2026 through May 2027 and is fully tradable on the grant date.

Is the Chipotle (CMG) Form 4 for Laura Fuentes an open-market stock purchase?

No, the Form 4 shows a compensation-related stock grant, not an open-market purchase. Fuentes received 6,880 shares under Chipotle’s 2022 Stock Incentive Plan for her director service, with the shares freely tradable immediately on the grant date.

How many Chipotle (CMG) shares does Laura Fuentes hold after this reported transaction?

After the reported stock grant, Laura Fuentes directly holds 18,282 shares of Chipotle common stock. This total includes the 6,880 shares awarded as compensation for her upcoming board service term from June 2026 through May 2027.

What plan was used for Laura Fuentes’ Chipotle (CMG) stock grant?

The grant was made under the Chipotle Mexican Grill, Inc. 2022 Stock Incentive Plan. Under this plan, Fuentes received 6,880 freely tradable common shares as compensation for her director service spanning June 2026 through May 2027.

Over what period does Laura Fuentes’ Chipotle (CMG) stock grant compensate her service?

The stock grant compensates Laura Fuentes for serving as a Chipotle director from June 2026 through May 2027. The 6,880 common shares granted under the 2022 Stock Incentive Plan are fully tradable on the grant date, rather than vesting over time.