El Pollo Loco director granted 8,258 restricted shares
Taylor Joseph G reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Taylor Joseph G reported acquisition or exercise transactions in this Form 4 filing.
El Pollo Loco Holdings, Inc. director Joseph G. Taylor reported an equity grant of 8,258 shares of common stock. The award was granted at no cash purchase price as a form of stock-based compensation and increased his direct holdings to 16,895 shares.
According to the footnote, these shares are underlying a restricted stock award granted under the company’s Equity Incentive Plan and are scheduled to vest in full on the first anniversary of the grant date. This represents a routine director compensation grant rather than an open‑market share purchase or sale.
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Insights
Routine director equity grant with time-based vesting.
Director Joseph G. Taylor received 8,258 shares of El Pollo Loco common stock as a restricted stock award under the Equity Incentive Plan. The grant carries no cash exercise price and increases his direct ownership to 16,895 shares.
The footnote explains that the restricted shares vest in full on the first anniversary of the grant date, indicating straightforward, time-based vesting rather than performance conditions. This is typical board compensation and does not reflect an open-market view on valuation or timing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,258 | $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.
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