El Pollo Loco (LOCO) CEO has 12,272 shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
El Pollo Loco Holdings, Inc. reported a routine tax-related share disposition by its Chief Executive Officer, Elizabeth Goodman Williams. On the vesting of a restricted stock award for 34,200 common shares, the company retained 12,272 shares to cover her tax obligations at a reference price of $11.10 per share. Following this withholding, she directly holds 204,810 common shares. This event reflects compensation-related tax settlement rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Williams Elizabeth Goodman
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 12,272 | $11.10 | $136K |
Holdings After Transaction:
Common Stock — 204,810 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did El Pollo Loco (LOCO) disclose for its CEO?
El Pollo Loco disclosed a tax-withholding disposition by CEO Elizabeth Goodman Williams. When 34,200 restricted shares vested, the company retained 12,272 shares to satisfy her tax obligations, using a reference price of $11.10 per share for the withheld stock.
What does transaction code F mean in the El Pollo Loco (LOCO) Form 4?
Transaction code F indicates a tax-withholding disposition, where shares are delivered to the issuer to cover tax liabilities. In this case, 12,272 shares from a 34,200-share restricted stock vesting were retained by El Pollo Loco to satisfy the CEO’s tax obligation at $11.10 per share.
Was any derivative security exercised in this El Pollo Loco (LOCO) Form 4 filing?
No derivative securities were reported as exercised in this filing. The Form 4 describes vesting of 34,200 restricted common shares and a related tax-withholding disposition of 12,272 shares, with no separate option or other derivative transactions listed in the derivative summary.