[Form 4] Portillo's Inc. Insider Trading Activity
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.
Portillo's Inc. (PTLO), la persona comunicante Kelly M. Kaiser, General Counsel e Segretario, ha acquistato azioni nell'ambito del piano aziendale 2022 Employee Stock Purchase Plan per il periodo di acquisto dal 1掳 giugno 2025 al 31 agosto 2025. In data 31/08/2025 la Sig.ra Kaiser ha acquisito 827 azioni di azioni ordinarie di Classe A a un prezzo effettivo di acquisto di $6,37 per azione (il prezzo ESPP corrisponde al 90% del prezzo di chiusura del 29 agosto 2025). La comunicazione indica inoltre che sono state detratte 24 azioni per soddisfare le ritenute fiscali relative alla maturazione dell'assegno, lasciando una titolarit脿 beneficiaria totale riportata di 69.298 azioni a seguito delle operazioni. Il Modulo 4 猫 stato firmato da un procuratore (attorney-in-fact) per conto della persona comunicante.
Portillo's Inc. (PTLO), la persona informante Kelly M. Kaiser, Consejera General y Secretaria, compr贸 acciones bajo el Employee Stock Purchase Plan de 2022 de la compa帽铆a para el per铆odo de compra del 1 de junio de 2025 al 31 de agosto de 2025. El 31/08/2025 la Sra. Kaiser adquiri贸 827 acciones de acciones ordinarias Clase A a un precio efectivo de compra de $6.37 por acci贸n (el precio del ESPP equivale al 90% del precio de cierre del 29 de agosto de 2025). La presentaci贸n tambi茅n muestra que se dedujeron 24 acciones para cubrir la retenci贸n de impuestos por la consolidaci贸n de la adjudicaci贸n, quedando una propiedad beneficiaria total reportada de 69.298 acciones tras las transacciones. El Formulario 4 fue firmado por un apoderado en nombre de la persona informante.
Portillo's Inc. (PTLO)鞚� 氤搓碃鞛� Kelly M. Kaiser(氩曤齑濌磩 瓴� 靹滉赴)電� 2022雲� 膦呾梾鞗� 欤检嫕毵れ垬瓿勴殟(ESPP)鞐� 霐半澕 2025雲� 6鞗� 1鞚茧秬韯� 2025雲� 8鞗� 31鞚缄箤歆�鞚� 毵れ垬 旮瓣皠鞐� 欤检嫕鞚� 毵れ瀰頄堨姷雼堧嫟. 2025-08-31 旮办鞙茧 Kaiser鞌姅 韥措灅鞀� A 氤错喌欤� 827欤茧ゼ 欤茧嫻 鞙犿毃毵れ垬雼皜 $6.37鞐� 旆摑頄堨姷雼堧嫟(ESPP 臧�瓴╈潃 2025雲� 8鞗� 29鞚� 膦呹皜鞚� 90%鞐� 頃措嫻). 鞝滌稖靹滊鞐愲姅 氤挫儊 靹彪 鞁� 靹戈笀 鞗愳矞歆曥垬 於╇嫻鞚� 鞙勴暣 24欤缄皜 瓿奠牅霅橃柎, 瓯半灅 鞚错泟 氤搓碃霅� 齑� 鞁れ 氤挫湢欤检嫕 靾橁皜 69,298欤检瀯鞚� 雮橅儉雮搓碃 鞛堨姷雼堧嫟. Form 4電� 氤搓碃鞛愲ゼ 雽�鞁犿暅 雽�毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
Portillo's Inc. (PTLO), la personne d茅clarante Kelly M. Kaiser, General Counsel et Secr茅taire, a achet茅 des actions dans le cadre du plan d'achat d'actions des employ茅s 2022 de la soci茅t茅 pour la p茅riode d'achat du 1er juin 2025 au 31 ao没t 2025. Le 31/08/2025, Mme Kaiser a acquis 827 actions ordinaires de cat茅gorie A 脿 un prix d'achat effectif de 6,37 $ par action (le prix ESPP correspond 脿 90 % du cours de cl么ture du 29 ao没t 2025). Le dossier indique 茅galement que 24 actions ont 茅t茅 d茅duites pour couvrir la retenue d'imp么t li茅e 脿 la consolidation de l'attribution, laissant une propri茅t茅 b茅n茅ficiaire totale d茅clar茅e de 69 298 actions apr猫s les op茅rations. Le formulaire 4 a 茅t茅 sign茅 par un mandataire au nom de la personne d茅clarante.
Portillo's Inc. (PTLO)-Meldender Kelly M. Kaiser, General Counsel und Sekret盲rin, hat Aktien im Rahmen des Employee Stock Purchase Plan 2022 des Unternehmens f眉r den Kaufzeitraum vom 1. Juni 2025 bis 31. August 2025 erworben. Am 31.08.2025 erwarb Frau Kaiser 827 Aktien der Stammaktien Klasse A zu einem effektiven Kaufpreis von $6,37 je Aktie (der ESPP-Preis entspricht 90 % des Schlusskurses vom 29. August 2025). Die Meldung weist au脽erdem aus, dass 24 Aktien einbehalten wurden, um die Steuerabz眉ge bei der Zuteilung zu erf眉llen, wodurch sich nach den Transaktionen ein gemeldetes wirtschaftliches Gesamtbesitz von 69.298 Aktien ergibt. Das Formular 4 wurde von einem Bevollm盲chtigten im Namen der meldenden Person unterzeichnet.
- Participation in ESPP at a 10% discount demonstrates customary employee alignment with shareholder interests
- Clear, compliant disclosure with transaction codes, prices, and beneficial ownership reported
- None.
Insights
TL;DR: Insider purchased a modest number of shares via the ESPP at a 10% discount; impact appears immaterial to valuation.
The transaction represents an employee purchase under the ESPP rather than a market-driven strategic buy. Acquiring 827 shares at $6.37 is small relative to typical public-company float and does not indicate a material change in insider convictions or ownership stake. The 24-share tax withholding is a routine administrative action. For investors, this is a routine insider participation event with no material effect on company capitalization or control.
TL;DR: Routine Form 4 disclosure of ESPP purchase by an officer; governance and disclosure procedures appear followed.
The filing correctly identifies the reporting person, relationship to the issuer, transaction date, codes for an ESPP purchase and tax withholding, and beneficial ownership after the transaction. The Form 4 was executed by an attorney-in-fact, a common administrative practice. There are no red flags in the disclosure mechanics; the event is ordinary-course and not governance-adverse.
Portillo's Inc. (PTLO), la persona comunicante Kelly M. Kaiser, General Counsel e Segretario, ha acquistato azioni nell'ambito del piano aziendale 2022 Employee Stock Purchase Plan per il periodo di acquisto dal 1掳 giugno 2025 al 31 agosto 2025. In data 31/08/2025 la Sig.ra Kaiser ha acquisito 827 azioni di azioni ordinarie di Classe A a un prezzo effettivo di acquisto di $6,37 per azione (il prezzo ESPP corrisponde al 90% del prezzo di chiusura del 29 agosto 2025). La comunicazione indica inoltre che sono state detratte 24 azioni per soddisfare le ritenute fiscali relative alla maturazione dell'assegno, lasciando una titolarit脿 beneficiaria totale riportata di 69.298 azioni a seguito delle operazioni. Il Modulo 4 猫 stato firmato da un procuratore (attorney-in-fact) per conto della persona comunicante.
Portillo's Inc. (PTLO), la persona informante Kelly M. Kaiser, Consejera General y Secretaria, compr贸 acciones bajo el Employee Stock Purchase Plan de 2022 de la compa帽铆a para el per铆odo de compra del 1 de junio de 2025 al 31 de agosto de 2025. El 31/08/2025 la Sra. Kaiser adquiri贸 827 acciones de acciones ordinarias Clase A a un precio efectivo de compra de $6.37 por acci贸n (el precio del ESPP equivale al 90% del precio de cierre del 29 de agosto de 2025). La presentaci贸n tambi茅n muestra que se dedujeron 24 acciones para cubrir la retenci贸n de impuestos por la consolidaci贸n de la adjudicaci贸n, quedando una propiedad beneficiaria total reportada de 69.298 acciones tras las transacciones. El Formulario 4 fue firmado por un apoderado en nombre de la persona informante.
Portillo's Inc. (PTLO)鞚� 氤搓碃鞛� Kelly M. Kaiser(氩曤齑濌磩 瓴� 靹滉赴)電� 2022雲� 膦呾梾鞗� 欤检嫕毵れ垬瓿勴殟(ESPP)鞐� 霐半澕 2025雲� 6鞗� 1鞚茧秬韯� 2025雲� 8鞗� 31鞚缄箤歆�鞚� 毵れ垬 旮瓣皠鞐� 欤检嫕鞚� 毵れ瀰頄堨姷雼堧嫟. 2025-08-31 旮办鞙茧 Kaiser鞌姅 韥措灅鞀� A 氤错喌欤� 827欤茧ゼ 欤茧嫻 鞙犿毃毵れ垬雼皜 $6.37鞐� 旆摑頄堨姷雼堧嫟(ESPP 臧�瓴╈潃 2025雲� 8鞗� 29鞚� 膦呹皜鞚� 90%鞐� 頃措嫻). 鞝滌稖靹滊鞐愲姅 氤挫儊 靹彪 鞁� 靹戈笀 鞗愳矞歆曥垬 於╇嫻鞚� 鞙勴暣 24欤缄皜 瓿奠牅霅橃柎, 瓯半灅 鞚错泟 氤搓碃霅� 齑� 鞁れ 氤挫湢欤检嫕 靾橁皜 69,298欤检瀯鞚� 雮橅儉雮搓碃 鞛堨姷雼堧嫟. Form 4電� 氤搓碃鞛愲ゼ 雽�鞁犿暅 雽�毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
Portillo's Inc. (PTLO), la personne d茅clarante Kelly M. Kaiser, General Counsel et Secr茅taire, a achet茅 des actions dans le cadre du plan d'achat d'actions des employ茅s 2022 de la soci茅t茅 pour la p茅riode d'achat du 1er juin 2025 au 31 ao没t 2025. Le 31/08/2025, Mme Kaiser a acquis 827 actions ordinaires de cat茅gorie A 脿 un prix d'achat effectif de 6,37 $ par action (le prix ESPP correspond 脿 90 % du cours de cl么ture du 29 ao没t 2025). Le dossier indique 茅galement que 24 actions ont 茅t茅 d茅duites pour couvrir la retenue d'imp么t li茅e 脿 la consolidation de l'attribution, laissant une propri茅t茅 b茅n茅ficiaire totale d茅clar茅e de 69 298 actions apr猫s les op茅rations. Le formulaire 4 a 茅t茅 sign茅 par un mandataire au nom de la personne d茅clarante.
Portillo's Inc. (PTLO)-Meldender Kelly M. Kaiser, General Counsel und Sekret盲rin, hat Aktien im Rahmen des Employee Stock Purchase Plan 2022 des Unternehmens f眉r den Kaufzeitraum vom 1. Juni 2025 bis 31. August 2025 erworben. Am 31.08.2025 erwarb Frau Kaiser 827 Aktien der Stammaktien Klasse A zu einem effektiven Kaufpreis von $6,37 je Aktie (der ESPP-Preis entspricht 90 % des Schlusskurses vom 29. August 2025). Die Meldung weist au脽erdem aus, dass 24 Aktien einbehalten wurden, um die Steuerabz眉ge bei der Zuteilung zu erf眉llen, wodurch sich nach den Transaktionen ein gemeldetes wirtschaftliches Gesamtbesitz von 69.298 Aktien ergibt. Das Formular 4 wurde von einem Bevollm盲chtigten im Namen der meldenden Person unterzeichnet.
FAQ
What did Kelly M. Kaiser disclose on the Form 4 for PTLO?
How was the ESPP purchase price determined in the PTLO Form 4?
How many shares does Kelly M. Kaiser beneficially own after the reported transactions?
Were any shares sold or otherwise disposed of in this Form 4?
Who signed the Form 4 filing for Kelly M. Kaiser?
