Welcome to our dedicated page for Portillo'S SEC filings (Ticker: PTLO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to Portillo’s Inc. (NASDAQ: PTLO) SEC filings, offering a view into the company’s regulatory disclosures as a public fast-casual restaurant operator in the limited-service restaurants industry. Investors can review how Portillo’s reports on its financial performance, development activity and corporate governance through documents filed with the U.S. Securities and Exchange Commission.
Portillo’s uses Form 8-K filings to disclose material events. Recent 8-Ks reference quarterly earnings press releases for periods such as the second and third quarters of 2025, including attached exhibits with detailed financial results and non-GAAP reconciliations. Other 8-K filings describe participation in investor conferences, providing information about scheduled webcasts and where related materials can be accessed.
Several 8-K filings and an 8-K/A address leadership and executive compensation changes. These include disclosures about the departure of the company’s President and Chief Executive Officer, the appointment of the Board Chairman as Interim CEO, and an amended filing that outlines compensation arrangements for the Interim CEO and severance benefits for the departing CEO. Another 8-K details the planned departure of the Chief Development Officer and expected severance and equity treatment under the company’s Senior Executive Severance Plan.
Through these filings, readers can see how Portillo’s communicates about results of operations, executive transitions, compensation arrangements and investor events in a regulated format. On Stock Titan, AI-powered summaries can help interpret lengthy exhibits and highlight key points from earnings releases, non-GAAP measure definitions and governance disclosures, while real-time updates ensure that new Portillo’s filings, including future 10-K annual reports, 10-Q quarterly reports and additional 8-Ks, are incorporated as they are posted to EDGAR.
Portillo's Inc. amended its prior report to disclose compensation details tied to a leadership transition effective September 21, 2025. The Board Chair, Michael A. Miles, Jr., was named Interim CEO with an annualized base salary of $60,000 and an initial $1,200,000 RSU award that vests on the one-year anniversary, plus subsequent monthly RSU grants valued at $400,000 each that vest after one year. The departing CEO, Michael Osanloo, will receive 18 months of salary continuation, a prorated 2025 bonus, up to 18 months of benefits continuation, outplacement up to $25,000, and extended option exercise rights through the 10th anniversary of a 2018 grant.
Denise P. Lauer, Chief Marketing Officer of Portillo's Inc. (PTLO), reported initial beneficial ownership of 67,025 shares of Class A common stock as restricted stock units granted on September 22, 2025. The RSUs vest one-third on each of the first three anniversaries of the grant, subject to continued service and the award agreement. The filing was signed by an attorney-in-fact on September 30, 2025.
Portillo's Inc. announced that Michael Osanloo departed as President and Chief Executive Officer effective September 21, 2025, and was deemed to have resigned from the Board. The Board has reduced its size to eliminate the vacancy and started a CEO search that will use a leading global executive search firm. The company expects to enter into a release agreement with Mr. Osanloo that would trigger severance benefits under the Senior Executive Severance Plan.
Michael A. Miles, Jr., age 63, was appointed interim CEO effective September 21, 2025. Mr. Miles is the Board Chairman, previously served as interim CEO in 2014–2015, and has executive experience as former COO and President of Staples, Inc., and COO of Pizza Hut. Compensation for Mr. Miles as interim CEO has not been finalized and will be disclosed in an amendment.
Engaged Capital filed an amended Schedule 13D reporting ownership positions in Portillo's Inc. (Class A). Engaged Capital Flagship Master directly owns 3,534,411 shares (~4.9%) and Engaged Capital Co-Invest XVII directly owns 1,534,890 shares (~2.1%), for an aggregate of 5,069,301 shares representing approximately 7.0% of the 71,905,580 shares outstanding reported by the issuer.
The filing states the Flagship Master purchases cost approximately $38,757,991 and the Co-Invest purchases approximately $16,712,391, funded with working capital. The reporting persons are engaged in discussions with the issuer's board under a Cooperation Agreement. Previously sold short 200,000 call options were bought to cover and no longer pose exposure. Exhibit 1 lists recent transactions.
Portillo’s Inc. filed a current report to let investors know that its leadership team will speak at the Piper Sandler Growth Frontiers Conference. Chief Executive Officer Michael Osanloo and Chief Financial Officer and Treasurer Michelle Hook are scheduled for a fireside chat on September 10, 2025 at 4:30 p.m. Eastern Time. A related press release is attached as an exhibit and is also available on the company’s investor relations website.
The company emphasizes that the information about this conference appearance is being furnished under Regulation FD, not filed, meaning it is mainly for disclosure and does not become part of other securities law filings unless specifically incorporated by reference. The report also repeats the company’s standard cautionary language about forward-looking statements and directs readers to its most recent annual report and subsequent SEC filings for a full discussion of risks.
Portillo's Inc. (PTLO) insider transaction summary: Kelly M. Kaiser, who serves as General Counsel and Secretary and is a company officer and director, disposed of 437 shares of Class A common stock through a transaction coded as a tax-withholding sale related to vesting of a previously disclosed award. The shares were sold at a price of $6.82 per share. After this disposition, the reporting person beneficially owned 68,861 shares, held directly. The filing notes the sale occurred to satisfy tax withholding obligations tied to award vesting.
Keith M. Correia, Chief Information Officer of Portillo's Inc. (PTLO), acquired shares under the company ESPP and reported related withholding. On 08/31/2025 he purchased 128 shares of Class A common stock at $6.37 per share through the Portillo's 2022 Employee Stock Purchase Plan for the June 1, 2025 to August 31, 2025 purchase period; the ESPP purchase price was 90% of the issuer's closing price on August 29, 2025. The filing also shows a disposition of 3 shares on 08/31/2025 to satisfy tax withholding on a vesting award, leaving Mr. Correia with 29,439 shares beneficially owned following the reported transactions. The form was signed by an attorney-in-fact on 09/03/2025.
Portillo's Inc. (PTLO) reporting person Michael K. Ellis, Chief Development Officer, purchased shares under the company Employee Stock Purchase Plan. The Form 4 shows Mr. Ellis acquired 246 shares of Class A common stock on 08/31/2025 at a purchase price of $6.37 per share under the 2022 ESPP, which offered a 90% purchase price of the closing share price on the relevant lookback date. The filing also shows 5 shares were deducted to satisfy tax withholding on the vesting of the award, leaving beneficial ownership of 48,569 Class A shares following the transactions.
Portillo's Inc. (PTLO) reporting person Kelly M. Kaiser, General Counsel and Secretary, purchased shares under the company's 2022 Employee Stock Purchase Plan for the June 1, 2025 to August 31, 2025 purchase period. On 08/31/2025 Ms. Kaiser acquired 827 shares of Class A common stock at an effective purchase price of $6.37 per share (the ESPP price equals 90% of the August 29, 2025 closing price). The filing also shows 24 shares were deducted to satisfy tax withholding on the vesting of the award, leaving total reported beneficial ownership of 69,298 shares following the transactions. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.
Jill Francine Waite, Chief People Officer of Portillo's Inc. (PTLO), reported transactions in the issuer's Class A common stock dated 08/31/2025. The filing shows 305 shares acquired under the Portillo's 2022 Employee Stock Purchase Plan at a purchase price equal to $6.37 per share (90% of the closing price on August 29, 2025). The filing also reports 8 shares deducted to satisfy tax withholding on a vesting award. Following the reported transactions, beneficial ownership is shown as 54,944 shares on the acquisition line and 54,936 shares on the withholding line. The Form 4 was submitted by Kelly M. Kaiser as attorney-in-fact for Ms. Waite and is dated 09/03/2025.