El Pollo Loco (LOCO) CFO vests stock, 7K shares withheld for taxes
Rhea-AI Filing Summary
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.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 7,213 shares
Net Sell
1 txn
Insider
Fils Ira
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | COMMON STOCK F1 | 7,213 | $16.03 | $116K |
Holdings After Transaction:
COMMON STOCK — 115,600 shares (Direct)
Footnotes (1)
- F1. The reporting person vested in 13,369 shares of common stock, of which the issuer retained 7,213 shares to satisfy the reporting person's tax obligation upon vesting of the restricted stock award. The price quoted in column 4 is the issuer's closing share price on August 21, 2026.
Key Figures
Shares withheld for taxes: 7,213 shares
Shares vested: 13,369 shares
Shares owned after transaction: 115,600 shares
+1 more
4 metrics
Shares withheld for taxes
7,213 shares
Shares retained by issuer to satisfy CFO’s tax obligation on August 23, 2026
Shares vested
13,369 shares
Common stock vested from restricted stock award for CFO
Shares owned after transaction
115,600 shares
Direct LOCO common stock holdings of CFO following the tax-withholding event
Reference share price
$16.03 per share
Issuer’s closing share price on August 21, 2026 used in Form 4 footnote
Key Terms
restricted stock award, vested, tax obligation, withholding securities
4 terms
restricted stock award financial
"upon vesting of the restricted stock award. The price quoted"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
vested financial
"The reporting person vested in 13,369 shares of common stock"
tax obligation financial
"retained 7,213 shares to satisfy the reporting person's tax obligation"
withholding securities financial
"Payment of tax liability by delivering or withholding securities"
FAQ
What insider transaction did LOCO CFO Ira Fils report on this Form 4?
Ira Fils reported a code F transaction where 7,213 LOCO shares were withheld by El Pollo Loco to satisfy his tax obligation upon vesting of a restricted stock award, rather than an open-market purchase or sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.