El Pollo Loco Holdings, Inc. filings document the reporting obligations of a Delaware public restaurant company with common stock listed on Nasdaq under LOCO. Form 8-K reports cover quarterly and annual operating results, including company-operated restaurant revenue, franchise revenue, comparable restaurant sales, restaurant contribution and related non-GAAP measures.
The company’s regulatory filings also cover governance and capital-structure matters, including definitive proxy materials for director elections, executive compensation and shareholder voting items, as well as board and officer changes reported under Item 5.02. The filing record identifies common stock and rights to purchase Series A preferred stock, and includes disclosures tied to restaurant operations, credit arrangements, risk factors and public-company controls.
El Pollo Loco Holdings, Inc. (LOCO) reports that The Lion Fund II, L.P. sold 25,556 shares on October 16, 2026, at a weighted average of $16.50 per share; the sales were at prices ranging from $16.50 to $16.56. The fund held 3,513,405 shares after the sale. Separate reported holdings included 315,118 shares held by Biglari Reinsurance Ltd. and 65,872 shares held by First Guard Insurance Company. Sardar Biglari, Chairman and Chief Executive Officer of Biglari Holdings Inc., was a joint filer; the joint filers disclaim beneficial ownership except to the extent of their respective pecuniary interests.
El Pollo Loco Holdings, Inc. is the issuer in a Rule 144 notice submitted by Biglari Holdings Inc. for a proposed sale of 380,990 common shares, with an aggregate market value of $6,217,756.80. Biglari Holdings identifies itself as a 10% stockholder and says Biglari Reinsurance Ltd. and First Guard Insurance Company are the entities selling the shares.
The approximate sale period is October 16, 2026, through January 14, 2027. The reported market value is as of the close of business October 15, 2026; El Pollo Loco Holdings had 30,432,937 shares outstanding as of August 7, 2026.
El Pollo Loco Holdings, Inc. (LOCO) is the issuer for a proposed sale of 643,928 common shares by The Lion Fund II, L.P., identified as a 10% stockholder. Their aggregate market value was $10,508,904.96 as of October 15, 2026, and Wells Fargo is listed as broker. The approximate sale window is October 16, 2026, through January 14, 2027.
The notice states that the proposed shares were acquired and paid for between June 28, 2023, and August 8, 2023. LOCO had 30,432,937 shares outstanding as of August 7, 2026. The notice also lists sales during the prior three months by The Lion Fund II, Biglari Reinsurance Ltd., and First Guard Insurance Company.
El Pollo Loco Holdings, Inc. appointed Damon Thomas Chief Operating Officer effective September 21, 2026; he will report directly to Chief Executive Officer Elizabeth “Liz” Williams. Thomas previously served as Senior Vice President, Operations at Shake Shack Enterprises from August 2023 to September 2026.
His offer letter sets a $425,000 annual base salary, a target cash bonus opportunity equal to 75% of salary and a minimum annual bonus of $225,000 for 2026. It also provides a $25,000 sign-on bonus, a one-time restricted-stock and performance-share-unit grant valued at approximately $500,000, and annual equity awards valued at approximately $400,000 beginning in 2027. Annual awards are expected to vest over three years at 33% annually; the one-time grant is expected to vest over three years, subject to continued employment and applicable performance conditions. Severance generally provides 12 months of continued base salary after termination without cause or resignation for good reason, subject to offer-letter compliance and signing and not revoking a separation agreement and release of claims.
El Pollo Loco Holdings, Inc. (LOCO) reported that its Chief Financial Officer, Ira Fils, had 13,369 shares of common stock vest from a restricted stock award on August 23, 2026. To cover associated tax obligations, the issuer withheld 7,213 shares, reported as a disposition under code F at a reference price of $16.03 per share, the closing price on August 21, 2026. After this tax-withholding event, Fils directly held 115,600 shares of El Pollo Loco common stock.
El Pollo Loco Holdings, Inc. insider group reported small open-market sales. Entities associated with Sardar Biglari sold 550 shares held by Biglari Reinsurance Ltd. and 550 shares held by First Guard Insurance Company on 2026-08-07 at a weighted average price of $17.06 per share. After these transactions, Biglari Reinsurance held 315,118 shares and First Guard held 65,872 shares, both reported as indirect holdings. The Lion Fund II, L.P., also associated with Mr. Biglari, reported an indirect holding of 3,538,961 shares. The reporting persons jointly filed and each disclaimed beneficial ownership beyond their pecuniary interest.
El Pollo Loco Holdings reported higher profitability and cash flow for the thirteen and twenty‑six weeks ended July 1, 2026. Total revenue rose to $129.6 million for the quarter and $255.8 million year‑to‑date, driven mainly by company‑operated restaurant sales. System‑wide comparable restaurant sales increased 3.9% in the quarter and 4.9% year‑to‑date.
Quarterly net income increased to $12.8 million (diluted EPS $0.43) from $7.1 million, as lower general and administrative and franchise expenses, along with reduced interest expense, offset higher food and labor costs. Operating cash flow strengthened to $44.7 million in the first half, enabling net repayments on the revolving credit facility to $30.0 million outstanding at quarter‑end, further reduced to $26.0 million after July 1. Management states that existing cash, cash generation, and $109.7 million of remaining revolver availability support liquidity for at least the next twelve months.
The system comprised 511 restaurants in ten U.S. states plus eight licensed units in the Philippines, with about 71% of revenue concentrated in greater Los Angeles. Management highlights ongoing headwinds from California wage legislation, inflation, and potential tariff‑driven commodity and packaging cost increases.
El Pollo Loco Holdings, Inc. reported stronger results for the thirteen weeks ended July 1, 2026. Total revenue was $129.6 million, up from $125.8 million, driven by company-operated restaurant revenue of $108.1 million and system-wide comparable restaurant sales growth of 3.9%. Company-operated comparable sales rose 3.0%, reflecting a 4.2% increase in average check partly offset by a 1.1% decline in transactions, while restaurant contribution margin improved to 19.5% of company-operated revenue.
Income from operations increased to $18.7 million from $11.3 million, aided by a 47.9% reduction in general and administrative expenses, primarily from a $6.3 million legal settlement, net of expenses. Net income was $12.8 million, or $0.43 per diluted share, compared with $7.1 million, or $0.24, and Adjusted net income was $8.9 million, or $0.30 per diluted share. Adjusted EBITDA was $19.1 million, modestly above $18.5 million a year earlier. System-wide sales reached $305.0 million. As of July 1, 2026, cash and cash equivalents were $13.3 million and total debt was $30.0 million, following net paydown of $21.0 million year-to-date; an additional $4.0 million was repaid after quarter end, and the $150.0 million credit facility was extended to August 4, 2031. The system comprised 175 company-operated and 336 franchise-operated restaurants, and the company raised certain full-year 2026 outlook metrics while reiterating others.
El Pollo Loco Holdings, Inc. major shareholder entities associated with Sardar Biglari reported open-market sales totaling 100,000 shares of common stock in early August 2026. Biglari Reinsurance Ltd. and First Guard Insurance Company each sold 50,000 shares at weighted-average prices around $16.73 and $16.90, across multiple trades within disclosed ranges. An affiliated fund, The Lion Fund II, L.P., reported indirect ownership of 3,538,961 shares as of August 3, 2026, with reporting persons disclaiming beneficial ownership beyond their pecuniary interests.
El Pollo Loco Holdings, Inc. was the subject of a joint insider report by Sardar Biglari and affiliated entities covering open-market sales of an aggregate 7,157 shares of common stock on July 29-30, 2026, at weighted average prices between $16.70 and $16.75, executed indirectly through Biglari Reinsurance Ltd. and First Guard Insurance Company.
The report also lists indirect ownership of 3,538,961 shares of common stock by The Lion Fund II, L.P. The associated entities state they may be deemed to beneficially own certain shares through control relationships, while disclaiming beneficial ownership beyond their pecuniary interest.