Portillo's (PTLO) CMO receives 40,760 restricted stock units, total holdings 107,785 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lauer Denise Peggy reported acquisition or exercise transactions in this Form 4 filing.
Portillo's Inc. reported that Chief Marketing Officer Denise Peggy Lauer received a grant of 40,760 shares of Class A common stock in the form of restricted stock units. These RSUs were granted on April 15, 2026, at no cash cost to her.
According to the grant terms, one-third of the RSUs vest on each of the first three anniversaries of the grant date, so long as she continues her service with the company and meets the award agreement conditions. Following this award, she directly holds 107,785 shares of Portillo’s Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lauer Denise Peggy
Role
Chief Marketing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock | 40,760 | $0.00 | -- |
Holdings After Transaction:
Class A common stock — 107,785 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 40,760 shares
Vesting schedule: 1/3 each year over 3 years
Post-grant holdings: 107,785 shares
+2 more
5 metrics
RSU grant size
40,760 shares
Restricted stock units granted on April 15, 2026
Vesting schedule
1/3 each year over 3 years
Time-based vesting on each of first three anniversaries
Post-grant holdings
107,785 shares
Total Class A common stock directly owned after transaction
Transaction price per share
$0.0000 per share
Equity award granted at no cash purchase price
Transaction direction
1 acquisition, 0 sales
Form 4 transaction summary for this filing
Key Terms
restricted stock units, time-based vesting, grant, award, or other acquisition, Class A common stock, +1 more
5 terms
restricted stock units financial
"Represents restricted stock units subject to time-based vesting granted on April 15, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
time-based vesting financial
"restricted stock units subject to time-based vesting granted on April 15, 2026"
Time-based vesting is a schedule that gives employees or contractors ownership of granted stock or options gradually as they remain with a company, like unlocking rewards in a loyalty program the longer you stick around. For investors, it matters because it affects future share supply, management incentives and staff retention — all of which can influence company performance and dilution of existing shareholders.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Class A common stock financial
"security_title: Class A common stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
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.
