Chipotle director gets 6,880-share stock award

Baldocchi Albert S reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Baldocchi Albert S reported acquisition or exercise transactions in this Form 4 filing.

CHIPOTLE MEXICAN GRILL INC director Albert S. Baldocchi reported receiving a stock award rather than buying shares on the open market. He was granted 6,880 shares of common stock valued at $31.25 per share as compensation for board service from June 2026 through May 2027 under the Chipotle Mexican Grill, Inc. 2022 Stock Incentive Plan. After this grant, he holds 862,140 common shares directly and 2,362,500 common shares indirectly through a trust established for the benefit of his children. The granted shares are freely tradeable on the date of grant.

Insider Trade Summary

Grant/Award: 6,880 shares

Grant/Award 2 txns

Insider Baldocchi Albert S

Role Director

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

Holdings After Transaction: common stock — 862,140 shares (Direct); common stock — 2,362,500 shares (Indirect, Trust established for benefit of Children)

Footnotes (1)

1. F1. 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.

Key Figures

Stock grant size: 6,880 shares Grant price: $31.25 per share Direct holdings after grant: 862,140 shares +3 more

6 metrics

Stock grant size 6,880 shares Common stock award for director service June 2026–May 2027

Grant price $31.25 per share Value of common stock granted to director

Direct holdings after grant 862,140 shares Common stock directly owned by Albert Baldocchi after transaction

Indirect trust holdings 2,362,500 shares Common stock held indirectly via trust for benefit of children

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

Ownership type (grant) Direct (D) Ownership type for 6,880-share stock award

Key Terms

Chipotle Mexican Grill, Inc. 2022 Stock Incentive Plan, grant, award, or other acquisition, Trust established for benefit of Children, common stock

4 terms

Chipotle Mexican Grill, Inc. 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""

Trust established for benefit of Children financial

"nature_of_ownership": "Trust established for benefit of Children""

common stock financial

"The reporting person received shares of common stock under the Chipotle Mexican Grill, Inc. 2022 Stock Incentive Plan"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Chipotle (CMG) director Albert Baldocchi report?

Albert Baldocchi reported receiving a grant of 6,880 Chipotle common shares as compensation. The award is under the 2022 Stock Incentive Plan for board service from June 2026 through May 2027 and is not an open-market purchase.

At what price was Albert Baldocchi’s Chipotle (CMG) stock award valued?

The 6,880-share stock award to Albert Baldocchi was valued at $31.25 per share. This value reflects the grant price used for compensation accounting, not a reported market trade, and the shares are freely tradeable on the grant date.

How many Chipotle (CMG) shares does Albert Baldocchi own directly after this filing?

Following the reported grant, Albert Baldocchi directly holds 862,140 Chipotle common shares. This figure reflects his direct ownership position after receiving the 6,880-share stock award disclosed in the Form 4 insider filing.

What indirect Chipotle (CMG) holdings are reported for Albert Baldocchi?

The filing shows 2,362,500 Chipotle common shares held indirectly through a trust established for the benefit of his children. This trust ownership is reported as indirect, separate from his 862,140 directly held shares after the grant.

What is the purpose of Albert Baldocchi’s Chipotle (CMG) stock grant?

The 6,880-share stock grant compensates Albert Baldocchi for serving as a Chipotle director from June 2026 through May 2027. It is issued under the Chipotle Mexican Grill, Inc. 2022 Stock Incentive Plan, with the shares freely tradeable on the grant date.

Is Albert Baldocchi’s Chipotle (CMG) Form 4 transaction a market purchase or sale?

The Form 4 shows a compensation-related stock grant, not a market purchase or sale. Code A identifies the 6,880 shares as a grant or award, and the filing notes the shares are granted under the 2022 Stock Incentive Plan for director service.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/12/2026 - 07:00 PM EDT Learn about SEC filing dates

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^*

Baldocchi Albert S

(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	862,140	D
common stock								2,362,500	I	Trust established for benefit of Children

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)