El Pollo Loco (NASDAQ: LOCO) CFO receives stock and option awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
El Pollo Loco Holdings, Inc. reported that Chief Financial Officer Ira Fils received new equity compensation on a recent Form 4 filing. He was granted a non-qualified stock option covering 32,626 shares of common stock at an exercise price of $13.32 per share, expiring on March 17, 2036. These options vest in three equal installments on each of the first three anniversaries of the grant date.
Fils also received 15,015 shares of common stock as a restricted stock award that vests in three equal annual installments starting on the first anniversary of the grant. Following this award, his directly owned common stock holdings increased to 127,433 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Fils Ira
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option | 32,626 | $0.00 | -- |
| Grant/Award | COMMON STOCK | 15,015 | $0.00 | -- |
Holdings After Transaction:
Non-Qualified Stock Option — 32,626 shares (Direct);
COMMON STOCK — 127,433 shares (Direct)
Footnotes (1)
- Represents shares of common stock underlying a restricted stock award granted under the Equity Incentive Plan, vesting in three equal installments on each of the first three anniversaries of the date of grant. Granted by a nonqualified stock option agreement under the Equity Incentive Plan, vesting and becoming exercisable in three equal installments on each of the three anniversaries of the date of grant.
FAQ
What did El Pollo Loco (LOCO) CFO Ira Fils report on this Form 4?
The Form 4 shows CFO Ira Fils receiving new equity awards. He was granted 32,626 non-qualified stock options and 15,015 restricted shares as compensation, both vesting over three years under the company’s equity incentive plan.
How many El Pollo Loco stock options were granted to the CFO?
Ira Fils was granted 32,626 non-qualified stock options. These options have an exercise price of $13.32 per share, vest in three equal annual installments, and expire on March 17, 2036 if not exercised earlier.
What restricted stock did El Pollo Loco CFO Ira Fils receive?
He received 15,015 shares of common stock as a restricted stock award. These shares vest in three equal installments on each of the first three anniversaries of the grant, providing time-based incentives tied to continued service.
Are the El Pollo Loco equity awards to the CFO tied to an incentive plan?
Yes. Both the 32,626 stock options and 15,015 restricted shares were granted under the company’s Equity Incentive Plan. Their three-year vesting schedules are designed to align executive compensation with multi-year company performance and retention.