El Pollo Loco director granted 12,012 restricted shares
BABB DOUGLAS J reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
BABB DOUGLAS J reported acquisition or exercise transactions in this Form 4 filing.
El Pollo Loco Holdings, Inc. director Douglas J. Babb reported receiving a grant of 12,012 shares of common stock as a restricted stock award. The shares were granted at no cash cost and will vest in full on the first anniversary of the grant date. Following this equity award, Babb directly holds 63,635 shares of El Pollo Loco common stock.
Positive
- None.
Negative
- None.
Insights
Director received a routine one-year vesting equity award.
Director Douglas J. Babb acquired 12,012 shares of El Pollo Loco Holdings common stock through a restricted stock award under the company’s Equity Incentive Plan. The award vests in full on the first anniversary of the grant date, aligning compensation with shareholder value.
This is a non-cash, compensation-related acquisition, not an open-market purchase. After the grant, Babb holds 63,635 shares directly, suggesting the transaction is modest relative to his overall equity position and appears to be a routine board compensation grant.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,012 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares of common stock underlying a restricted stock award granted under the Equity Incentive Plan, vesting in full on the first anniversary of the date of grant.
FAQ
What did El Pollo Loco (LOCO) director Douglas J. Babb report on this Form 4?
Is the LOCO Form 4 transaction a stock purchase or an equity grant?
Does the LOCO Form 4 indicate any insider stock sales by Douglas J. Babb?
AI-generated analysis. How Rhea-AI works. Not financial advice.