[Form 4] Chipotle Mexican Grill, Inc. Insider Trading Activity
Chipotle Mexican Grill insider transaction: Curtis E. Garner, President, Chief Strategy & Technology Officer, reported a sale of 41,372 shares of Chipotle common stock on 08/22/2025 at a price of $42.91 per share. After the transaction, Mr. Garner beneficially owned 298,360 shares. The filing notes those 41,372 shares consisted of company-retained shares to satisfy the reporting person鈥檚 payment obligation upon vesting of a restricted stock unit. The Form 4 was signed by Helen Kaminski pursuant to a previously filed power of attorney on 08/26/2025.
Operazione interna di Chipotle Mexican Grill: Curtis E. Garner, Presidente e Chief Strategy & Technology Officer, ha dichiarato la vendita di 41.372 azioni ordinarie di Chipotle in data 22/08/2025 al prezzo di $42,91 per azione. Dopo l鈥檕perazione, il Sig. Garner deteneva beneficiariamente 298.360 azioni. La comunicazione specifica che le 41.372 azioni erano azioni trattenute dalla societ脿 per soddisfare l鈥檕bbligo di pagamento del soggetto segnalante alla maturazione di un restricted stock unit. Il Modulo 4 猫 stato firmato da Helen Kaminski in virt霉 di una procura depositata in data 26/08/2025.
Transacci贸n interna de Chipotle Mexican Grill: Curtis E. Garner, Presidente y Chief Strategy & Technology Officer, inform贸 la venta de 41.372 acciones ordinarias de Chipotle el 22/08/2025 a un precio de $42,91 por acci贸n. Tras la operaci贸n, el Sr. Garner pose铆a beneficiariamente 298.360 acciones. La presentaci贸n se帽ala que esas 41.372 acciones consistieron en acciones retenidas por la empresa para satisfacer la obligaci贸n de pago del informante al vencimiento de una unidad de acciones restringidas. El Formulario 4 fue firmado por Helen Kaminski conforme a un poder notarial presentado con anterioridad el 26/08/2025.
旃橅彺霠� 氅曥嫓旃� 攴鸽Υ 雮措秬鞛� 瓯半灅: Curtis E. Garner(靷灔 瓴� 斓滉碃 鞝勲灥路旮办垹 毂呾瀯鞛�)電� 2025雲� 8鞗� 22鞚检棎 旃橅彺霠� 氤错喌欤� 41,372欤茧ゼ 欤茧嫻 $42.91鞐� 毵る弰頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 瓯半灅 頉� Garner 鞌姅 鞁れ鞝侅溂搿� 298,360欤茧ゼ 氤挫湢頄堨姷雼堧嫟. 鞝滌稖靹滊電� 頃措嫻 41,372欤缄皜 鞝滍暅欤检嫕 雼渼(restricted stock unit)鞚� 臧�靻� 霕愲姅 甓岆Μ頇曥爼 鞁� 氤搓碃鞛愳潣 歆�旮� 鞚橂毳� 於╇嫻頃橁赴 鞙勴暣 須岇偓臧� 氤挫湢頃橁碃 鞛堧崢 欤检嫕鞛勳潉 氇呾嫓頃╇媹雼�. Form 4電� 2025雲� 8鞗� 26鞚� 旮� 鞝滌稖霅� 鞙勳瀯鞛レ棎 霐半澕 Helen Kaminski臧� 靹滊獏頄堨姷雼堧嫟.
Transaction d鈥檌niti茅 chez Chipotle Mexican Grill : Curtis E. Garner, pr茅sident et Chief Strategy & Technology Officer, a d茅clar茅 la vente de 41 372 actions ordinaires de Chipotle le 22/08/2025 au prix de 42,91 $ par action. Apr猫s la transaction, M. Garner d茅tenait b茅n茅ficiairement 298 360 actions. Le d茅p么t pr茅cise que ces 41 372 actions 茅taient des actions retenues par la soci茅t茅 pour satisfaire l鈥檕bligation de paiement de la personne d茅clarante lors de la lev茅e d鈥檜nit茅s d鈥檃ctions restreintes (restricted stock units). Le formulaire 4 a 茅t茅 sign茅 par Helen Kaminski en vertu d鈥檜ne procuration pr茅alablement d茅pos茅e le 26/08/2025.
Insider-Transaktion bei Chipotle Mexican Grill: Curtis E. Garner, Pr盲sident und Chief Strategy & Technology Officer, meldete am 22.08.2025 den Verkauf von 41.372 Aktien der Chipotle-Stammaktien zu je $42,91. Nach der Transaktion hielt Herr Garner wirtschaftlich 298.360 Aktien. Die Meldung weist darauf hin, dass die 41.372 Aktien vom Unternehmen einbehaltene Aktien waren, um die Zahlungsverpflichtung der meldenden Person bei der Aus眉bung bzw. beim Zufallen einer Restricted Stock Unit zu erf眉llen. Das Formular 4 wurde am 26.08.2025 von Helen Kaminski gem盲脽 einer zuvor eingereichten Vollmacht unterschrieben.
- Disclosure completed: Form 4 timely reports the insider transaction and post-transaction holdings
- Transaction tied to RSU settlement, indicating the sale was to satisfy a payment obligation rather than an open-market trading decision
- Insider holdings reduced: 41,372 shares disposed, lowering beneficial ownership to 298,360 shares
- No Rule 10b5-1 designation is indicated on the form for this transaction
Insights
TL;DR: Insider sold 41,372 shares at $42.91, reducing holdings to 298,360; transaction arose from RSU vesting.
The disposal is reported as a non-derivative sale tied to restricted stock unit settlement, indicating the reporting person satisfied a tax or payment obligation by surrendering 41,372 shares. The per-share price of $42.91 and the post-transaction ownership level are explicitly disclosed. This is a routine, non-derivative insider transaction rather than an open-market discretionary sale plan disclosed under Rule 10b5-1.
TL;DR: Transaction appears procedural鈥攕hares retained by issuer to meet RSU payment obligations; Form 4 filed via POA.
The filing documents a common RSU settlement mechanism where the company retains shares to satisfy the recipient鈥檚 payment obligation. The use of a previously filed power of attorney for signature is routine. No derivative transactions, new grants, or Rule 10b5-1 plan claims are asserted in this Form 4.
Operazione interna di Chipotle Mexican Grill: Curtis E. Garner, Presidente e Chief Strategy & Technology Officer, ha dichiarato la vendita di 41.372 azioni ordinarie di Chipotle in data 22/08/2025 al prezzo di $42,91 per azione. Dopo l鈥檕perazione, il Sig. Garner deteneva beneficiariamente 298.360 azioni. La comunicazione specifica che le 41.372 azioni erano azioni trattenute dalla societ脿 per soddisfare l鈥檕bbligo di pagamento del soggetto segnalante alla maturazione di un restricted stock unit. Il Modulo 4 猫 stato firmato da Helen Kaminski in virt霉 di una procura depositata in data 26/08/2025.
Transacci贸n interna de Chipotle Mexican Grill: Curtis E. Garner, Presidente y Chief Strategy & Technology Officer, inform贸 la venta de 41.372 acciones ordinarias de Chipotle el 22/08/2025 a un precio de $42,91 por acci贸n. Tras la operaci贸n, el Sr. Garner pose铆a beneficiariamente 298.360 acciones. La presentaci贸n se帽ala que esas 41.372 acciones consistieron en acciones retenidas por la empresa para satisfacer la obligaci贸n de pago del informante al vencimiento de una unidad de acciones restringidas. El Formulario 4 fue firmado por Helen Kaminski conforme a un poder notarial presentado con anterioridad el 26/08/2025.
旃橅彺霠� 氅曥嫓旃� 攴鸽Υ 雮措秬鞛� 瓯半灅: Curtis E. Garner(靷灔 瓴� 斓滉碃 鞝勲灥路旮办垹 毂呾瀯鞛�)電� 2025雲� 8鞗� 22鞚检棎 旃橅彺霠� 氤错喌欤� 41,372欤茧ゼ 欤茧嫻 $42.91鞐� 毵る弰頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 瓯半灅 頉� Garner 鞌姅 鞁れ鞝侅溂搿� 298,360欤茧ゼ 氤挫湢頄堨姷雼堧嫟. 鞝滌稖靹滊電� 頃措嫻 41,372欤缄皜 鞝滍暅欤检嫕 雼渼(restricted stock unit)鞚� 臧�靻� 霕愲姅 甓岆Μ頇曥爼 鞁� 氤搓碃鞛愳潣 歆�旮� 鞚橂毳� 於╇嫻頃橁赴 鞙勴暣 須岇偓臧� 氤挫湢頃橁碃 鞛堧崢 欤检嫕鞛勳潉 氇呾嫓頃╇媹雼�. Form 4電� 2025雲� 8鞗� 26鞚� 旮� 鞝滌稖霅� 鞙勳瀯鞛レ棎 霐半澕 Helen Kaminski臧� 靹滊獏頄堨姷雼堧嫟.
Transaction d鈥檌niti茅 chez Chipotle Mexican Grill : Curtis E. Garner, pr茅sident et Chief Strategy & Technology Officer, a d茅clar茅 la vente de 41 372 actions ordinaires de Chipotle le 22/08/2025 au prix de 42,91 $ par action. Apr猫s la transaction, M. Garner d茅tenait b茅n茅ficiairement 298 360 actions. Le d茅p么t pr茅cise que ces 41 372 actions 茅taient des actions retenues par la soci茅t茅 pour satisfaire l鈥檕bligation de paiement de la personne d茅clarante lors de la lev茅e d鈥檜nit茅s d鈥檃ctions restreintes (restricted stock units). Le formulaire 4 a 茅t茅 sign茅 par Helen Kaminski en vertu d鈥檜ne procuration pr茅alablement d茅pos茅e le 26/08/2025.
Insider-Transaktion bei Chipotle Mexican Grill: Curtis E. Garner, Pr盲sident und Chief Strategy & Technology Officer, meldete am 22.08.2025 den Verkauf von 41.372 Aktien der Chipotle-Stammaktien zu je $42,91. Nach der Transaktion hielt Herr Garner wirtschaftlich 298.360 Aktien. Die Meldung weist darauf hin, dass die 41.372 Aktien vom Unternehmen einbehaltene Aktien waren, um die Zahlungsverpflichtung der meldenden Person bei der Aus眉bung bzw. beim Zufallen einer Restricted Stock Unit zu erf眉llen. Das Formular 4 wurde am 26.08.2025 von Helen Kaminski gem盲脽 einer zuvor eingereichten Vollmacht unterschrieben.
FAQ
What did Curtis E. Garner report on the Form 4 for CMG?
Why were the 41,372 shares disposed according to the filing?
Was the Form 4 signed directly by the reporting person?
Does the Form 4 indicate the transaction was under a 10b5-1 trading plan?
What type of security was involved in the reported transaction?
