Welcome to our dedicated page for Chipotle Mexican Grill SEC filings (Ticker: CMG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Chipotle Mexican Grill, Inc. filings document the public-company record for its restaurant operations, capital allocation and governance. Form 8-K reports include quarterly earnings releases, comparable restaurant sales, restaurant-level margins, food, beverage and packaging costs, labor costs, new restaurant openings, digital sales and share repurchase authorizations.
Proxy materials describe board composition, executive compensation, shareholder voting matters and the company’s Recipe for Growth strategy, including operational execution, menu innovation, digital capabilities, global expansion and talent development. Other current reports record executive transitions, officer appointments, board elections, committee assignments and related governance disclosures.
Chipotle Mexican Grill’s Chief Operating Officer, Jason Allan Kidd, reported equity awards granted on February 6, 2026. He received 16,502 shares of common stock, increasing his directly held common stock to 32,542 shares.
He was also granted a 2026 stock-only stock appreciation right (SOSAR) covering 53,498 shares at a $39.39 exercise price. The RSUs and SOSAR vest in equal amounts on the second and third anniversaries of the grant date, with potential acceleration, and each unit or right settles into one share of common stock upon exercise.
Chipotle Mexican Grill executive Curtis E. Garner, President, Chief Strategy & Technology Officer, reported several equity transactions. On February 6, 2026, he exercised 86,100 stock appreciation rights at $11.655 per share, received the same number of common shares, and then sold 61,077 shares at a weighted-average price of $40.0127 per share. Chipotle withheld 25,023 shares at $40.105 and 659 shares at $39.39 to cover related payment and tax obligations. On the same date, he received a new 2026 SOSAR award covering 213,992 shares at an exercise price of $39.39, vesting in two equal installments in 2028 and 2029. Following these transactions, he directly owned 297,701 shares of common stock and 213,992 SOSARs.
Chipotle Mexican Grill’s Chief Legal and HR Officer, Ilene Eskenazi, reported new equity awards and updated her share holdings. On February 6, 2026, she received 20,310 shares of common stock as a restricted stock unit award at a reported value of $39.39 per share.
Following this grant, she beneficially owns 95,721 shares of common stock directly and 50 shares indirectly, held by her son. She also received a 2026 stock-only stock appreciation right (SOSAR) covering 65,844 shares at an exercise price of $39.39, vesting in equal parts on the second and third anniversaries of the grant and expiring in 2033.
Chipotle Mexican Grill officer Matthew R. Bush reported new equity awards and related share withholding. On February 6, 2026, he received 3,174 shares of common stock at $39.39 per share through an award of restricted stock units that settle 1‑for‑1 in stock and vest in equal portions on the second and third anniversaries of the grant date. The same day, he was granted 20,577 stock-only stock appreciation rights (SOSARs) with a $39.39 exercise price, also vesting in equal amounts on the second and third anniversaries and settling in common stock on a 1‑for‑1 basis. On February 9, 2026, 475 shares of common stock at $39.39 were retained by Chipotle to satisfy his payment obligation upon RSU vesting. After these transactions, Bush directly owned 19,755 shares of common stock and 20,577 SOSARs.
Chipotle Mexican Grill Chief Executive Officer Scott Boatwright reported two equity-related transactions. On February 9, 2026, Chipotle retained 8,048 shares of common stock at $39.39 per share to satisfy his payment obligation upon the vesting of a restricted stock unit, leaving him with 241,484 common shares held directly.
On February 6, 2026, he received an award of 444,445 stock-only stock appreciation rights (2026 SOSARs) with an exercise price of $39.39. These SOSARs vest in equal amounts on the second and third anniversaries of the grant date, and upon exercise will settle in an equivalent number of common shares on a 1-to-1 basis.
A CMG shareholder, Curtis E. Garner, filed a Rule 144 notice to sell 86,100 common shares through Morgan Stanley Smith Barney, with an approximate sale date of February 6, 2026 on the NYSE.
The filing lists an aggregate market value of 3445093.47 for these shares, compared with 1,302,423,000 common shares outstanding. It also shows prior sales over the past three months, including 67,646 shares for 2438421.83 and 61,892 shares for 2145733.75.
Chipotle Mexican Grill, Inc. outlines its 2025 business profile, growth strategy and key risks in its annual report. The company operated 4,042 restaurants as of December 31, 2025, including 3,938 in the U.S., 104 international company-owned locations, and 14 international partner-operated restaurants.
Digital sales remained a major growth driver, accounting for 36.7% of 2025 food and beverage revenue, up from 35.1% in 2024. Chipotle employed 130,301 people worldwide and emphasizes internal promotion, culture and inclusive programs. The report details extensive food safety, cybersecurity and regulatory risk management, and notes significant 2025 share repurchases under expanded board authorizations while continuing a no-dividend policy.
Chipotle Mexican Grill, Inc. filed a current report to note that it released a press release with earnings and other financial results for its fourth quarter and fiscal year ended December 31, 2025.
The company also stated that management would review these results on a conference call at 4:30 p.m. Eastern time on February 3, 2026. The press release is furnished as Exhibit 99.1 to the report.
Chipotle Mexican Grill, Inc. filed a current report to note that it released a press release with earnings and other financial results for its fourth quarter and fiscal year ended December 31, 2025.
The company also stated that management would review these results on a conference call at 4:30 p.m. Eastern time on February 3, 2026. The press release is furnished as Exhibit 99.1 to the report.
Chipotle Mexican Grill, Inc. reported that executive officers Chris Brandt and Roger Theodoredis have transitioned out of their officer roles effective January 12, 2026. Both will remain with the company for a limited period as non-executive employees, providing transitional advisory services to support succession and onboarding of their successors. During this period, they will continue to receive base salaries and participate in employee benefit plans, but will not be eligible for new equity awards. After the advisory period, each may receive benefits under Chipotle’s Executive Officer Severance Plan, subject to meeting the plan’s conditions. A press release describing these actions was furnished as an exhibit.
Chipotle Mexican Grill, Inc. reported that executive officers Chris Brandt and Roger Theodoredis have transitioned out of their officer roles effective January 12, 2026. Both will remain with the company for a limited period as non-executive employees, providing transitional advisory services to support succession and onboarding of their successors. During this period, they will continue to receive base salaries and participate in employee benefit plans, but will not be eligible for new equity awards. After the advisory period, each may receive benefits under Chipotle’s Executive Officer Severance Plan, subject to meeting the plan’s conditions. A press release describing these actions was furnished as an exhibit.
The Vanguard Group has reported a large passive ownership stake in Chipotle Mexican Grill Inc. common stock as of December 31, 2025.
Vanguard reports beneficial ownership of 144,587,720 Chipotle shares, representing 10.93% of the common stock. It has shared voting power over 8,433,216 shares and sole dispositive power over 131,302,323 shares, with an additional 13,285,397 shares under shared dispositive power.
Vanguard states the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of Chipotle. The filing also notes that Vanguard’s clients, including registered investment companies and other managed accounts, have rights to dividends and sale proceeds, but no single other person has an interest in more than 5% of the class.