El Pollo Loco (NASDAQ: LOCO) CFO reports tax-withholding on vested shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
El Pollo Loco Holdings' chief financial officer, Ira Fils, reported a routine tax-withholding transaction related to restricted stock vesting. On the vesting of 5,975 shares of common stock, the company retained 2,144 shares at a value of $13.95 per share to cover his tax obligation.
After this tax-withholding disposition, Fils directly holds 122,813 shares of El Pollo Loco common stock. This event reflects compensation-related share withholding rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fils Ira
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | COMMON STOCK | 2,144 | $13.95 | $30K |
Holdings After Transaction:
COMMON STOCK — 122,813 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 2,144 shares
Vested restricted shares: 5,975 shares
Share valuation price: $13.95 per share
+1 more
4 metrics
Shares withheld for taxes
2,144 shares
Retained by issuer to satisfy tax obligation
Vested restricted shares
5,975 shares
Restricted stock award vesting for CFO
Share valuation price
$13.95 per share
Issuer’s closing share price on May 28, 2026
Shares held after transaction
122,813 shares
CFO’s direct common stock holdings post-transaction
Key Terms
restricted stock award, tax obligation, Form 4, closing share price, +1 more
5 terms
restricted stock award financial
"upon vesting of the restricted stock award"
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.
tax obligation financial
"to satisfy the reporting person's tax obligation upon vesting"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
common stock financial
"5,975 shares of common stock, of which the issuer retained 2,144 shares"
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
What insider transaction did El Pollo Loco (LOCO) disclose for Ira Fils?
El Pollo Loco disclosed that CFO Ira Fils had 2,144 vested shares withheld to cover taxes. These shares came from a 5,975-share restricted stock award vesting and were valued using a $13.95 closing share price on May 28, 2026.
Was the El Pollo Loco (LOCO) CFO’s Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. The issuer retained 2,144 shares from vested restricted stock to satisfy the CFO’s tax obligation, using the $13.95 per-share closing price as the valuation reference.