AG˹ٷ

STOCK TITAN

[Form 4] Chipotle Mexican Grill, Inc. Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Adam T. Rymer, identified as Chief Financial Officer of Chipotle Mexican Grill, reported a sale of 8,528 shares of Chipotle common stock on 08/22/2025 at a reported price of $42.91 per share. After this transaction he beneficially owned 76,603 shares. The filing includes an explanation that the shares sold "consist of shares of common stock retained by Chipotle to satisfy the reporting person's payment obligation upon vesting of a restricted stock unit," indicating the transaction relates to RSU vesting and related withholding. The form was signed on behalf of the reporting person by Helen Kaminski on 08/26/2025.

Adam T. Rymer, indicato come Chief Financial Officer di Chipotle Mexican Grill, ha comunicato la vendita di 8.528 azioni ordinarie di Chipotle in data 08/22/2025 al prezzo riportato di $42.91 per azione. Dopo questa operazione risultava titolare beneficiario di 76.603 azioni. Il deposito include la spiegazione che le azioni vendute "consistono di azioni ordinarie trattenute da Chipotle per soddisfare l'obbligo di pagamento della persona dichiarante al momento del consolidamento di un restricted stock unit", indicando che la transazione è relativa al consolidamento di RSU e alla ritenuta correlata. Il modulo è stato firmato per conto della persona dichiarante da Helen Kaminski in data 08/26/2025.

Adam T. Rymer, identificado como Chief Financial Officer de Chipotle Mexican Grill, informó la venta de 8.528 acciones ordinarias de Chipotle el 08/22/2025 a un precio reportado de $42.91 por acción. Tras esta operación poseía de forma beneficiaria 76.603 acciones. La presentación incluye la explicación de que las acciones vendidas "consisten en acciones ordinarias retenidas por Chipotle para satisfacer la obligación de pago de la persona declarante al consolidarse una restricted stock unit", lo que indica que la transacción está relacionada con el vencimiento de RSU y la retención correspondiente. El formulario fue firmado en nombre de la persona declarante por Helen Kaminski el 08/26/2025.

Adam T. Rymer, Chipotle Mexican Grill� 최고재무책임�(Chief Financial Officer)� 기재� 인물은 2025-08-22� Chipotle 보통� 8,528주를 주당 보고가 $42.91� 매도했다� 보고했습니다. � 거래 � 그의 실질� 소유 주식 수는 76,603주였습니�. 제출서에� 매도� 주식� "restricted stock unit� 취득 � 보고인의 지� 의무� 충족하기 위해 Chipotle� 보유� 보통주로 구성된다"� 설명되어 있어 해당 거래가 RSU� 취득 � 관� 원천징수와 관련됨� 나타냅니�. 서류� 2025-08-26� Helen Kaminski가 보고인을 대신하� 서명했습니다.

Adam T. Rymer, identifié comme Chief Financial Officer de Chipotle Mexican Grill, a déclaré la vente de 8 528 actions ordinaires de Chipotle le 08/22/2025 au prix déclaré de $42.91 par action. Après cette opération, il détenait à titre bénéficiaire 76 603 actions. Le dépôt inclut l'explication selon laquelle les actions vendues "se composent d'actions ordinaires retenues par Chipotle pour satisfaire l'obligation de paiement de la personne déclarante lors de la levée d'une restricted stock unit", indiquant que la transaction concerne le vesting des RSU et la retenue y afférente. Le formulaire a été signé au nom de la personne déclarante par Helen Kaminski le 08/26/2025.

Adam T. Rymer, als Chief Financial Officer von Chipotle Mexican Grill angegeben, meldete den Verkauf von 8.528 Anteilen der Chipotle-Stammaktien am 08/22/2025 zu einem angegebenen Preis von $42.91 je Aktie. Nach dieser Transaktion hielt er wirtschaftlich 76.603 Aktien. Die Einreichung enthält die Erläuterung, dass die verkauften Aktien "aus Stammaktien bestehen, die von Chipotle zurückbehalten werden, um die Zahlungsverpflichtung der meldepflichtigen Person bei der Vesting eines Restricted Stock Unit zu erfüllen", was darauf hinweist, dass die Transaktion mit dem Vesting von RSUs und der damit verbundenen Einbehaltung zusammenhängt. Das Formular wurde am 08/26/2025 von Helen Kaminski im Namen der meldenden Person unterzeichnet.

Positive
  • Clear disclosure of transaction date, price, and post-transaction beneficial ownership
  • Explanation provided that the disposition relates to restricted stock unit vesting and issuer withholding
Negative
  • Insider disposition of 8,528 shares reduces the reporting person's holdings

Insights

TL;DR: Routine insider disposition tied to RSU vesting; reduces reported holdings but appears administrative rather than a market-timing sale.

The filing reports a single non-derivative disposition of 8,528 shares at $42.91, leaving 76,603 shares beneficially owned. The explanation states the shares were retained by the issuer to satisfy the reporting person's payment obligation on vesting of a restricted stock unit, which commonly results in a sale or withholding to cover taxes or payment obligations. From a financial perspective, this is a limited, clearly documented change in insider holdings and does not on its face indicate a broader change in ownership strategy.

TL;DR: Disclosure is complete for this transaction type; reporting follows Section 16 requirements and clarifies the RSU-related nature of the disposition.

The Form 4 indicates compliance with required insider reporting: the reporting person is identified as an officer (CFO), the transaction date, code and price are provided, and an explanatory footnote clarifies the nature of the transaction as related to RSU vesting and issuer withholding. This level of detail supports transparency for shareholders and regulators. No other governance issues or joint filings are indicated.

Adam T. Rymer, indicato come Chief Financial Officer di Chipotle Mexican Grill, ha comunicato la vendita di 8.528 azioni ordinarie di Chipotle in data 08/22/2025 al prezzo riportato di $42.91 per azione. Dopo questa operazione risultava titolare beneficiario di 76.603 azioni. Il deposito include la spiegazione che le azioni vendute "consistono di azioni ordinarie trattenute da Chipotle per soddisfare l'obbligo di pagamento della persona dichiarante al momento del consolidamento di un restricted stock unit", indicando che la transazione è relativa al consolidamento di RSU e alla ritenuta correlata. Il modulo è stato firmato per conto della persona dichiarante da Helen Kaminski in data 08/26/2025.

Adam T. Rymer, identificado como Chief Financial Officer de Chipotle Mexican Grill, informó la venta de 8.528 acciones ordinarias de Chipotle el 08/22/2025 a un precio reportado de $42.91 por acción. Tras esta operación poseía de forma beneficiaria 76.603 acciones. La presentación incluye la explicación de que las acciones vendidas "consisten en acciones ordinarias retenidas por Chipotle para satisfacer la obligación de pago de la persona declarante al consolidarse una restricted stock unit", lo que indica que la transacción está relacionada con el vencimiento de RSU y la retención correspondiente. El formulario fue firmado en nombre de la persona declarante por Helen Kaminski el 08/26/2025.

Adam T. Rymer, Chipotle Mexican Grill� 최고재무책임�(Chief Financial Officer)� 기재� 인물은 2025-08-22� Chipotle 보통� 8,528주를 주당 보고가 $42.91� 매도했다� 보고했습니다. � 거래 � 그의 실질� 소유 주식 수는 76,603주였습니�. 제출서에� 매도� 주식� "restricted stock unit� 취득 � 보고인의 지� 의무� 충족하기 위해 Chipotle� 보유� 보통주로 구성된다"� 설명되어 있어 해당 거래가 RSU� 취득 � 관� 원천징수와 관련됨� 나타냅니�. 서류� 2025-08-26� Helen Kaminski가 보고인을 대신하� 서명했습니다.

Adam T. Rymer, identifié comme Chief Financial Officer de Chipotle Mexican Grill, a déclaré la vente de 8 528 actions ordinaires de Chipotle le 08/22/2025 au prix déclaré de $42.91 par action. Après cette opération, il détenait à titre bénéficiaire 76 603 actions. Le dépôt inclut l'explication selon laquelle les actions vendues "se composent d'actions ordinaires retenues par Chipotle pour satisfaire l'obligation de paiement de la personne déclarante lors de la levée d'une restricted stock unit", indiquant que la transaction concerne le vesting des RSU et la retenue y afférente. Le formulaire a été signé au nom de la personne déclarante par Helen Kaminski le 08/26/2025.

Adam T. Rymer, als Chief Financial Officer von Chipotle Mexican Grill angegeben, meldete den Verkauf von 8.528 Anteilen der Chipotle-Stammaktien am 08/22/2025 zu einem angegebenen Preis von $42.91 je Aktie. Nach dieser Transaktion hielt er wirtschaftlich 76.603 Aktien. Die Einreichung enthält die Erläuterung, dass die verkauften Aktien "aus Stammaktien bestehen, die von Chipotle zurückbehalten werden, um die Zahlungsverpflichtung der meldepflichtigen Person bei der Vesting eines Restricted Stock Unit zu erfüllen", was darauf hinweist, dass die Transaktion mit dem Vesting von RSUs und der damit verbundenen Einbehaltung zusammenhängt. Das Formular wurde am 08/26/2025 von Helen Kaminski im Namen der meldenden Person unterzeichnet.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Rymer Adam T

(Last) (First) (Middle)
C/O CHIPOTLE MEXICAN GRILL, INC.
610 NEWPORT CTR DR, SUITE 1100

(Street)
NEWPORT BEACH CA 92660

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CHIPOTLE MEXICAN GRILL INC [ CMG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
common stock 08/22/2025 F 8,528(1) D $42.91 76,603 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Consists of shares of common stock retained by Chipotle to satisfy the reporting person's payment obligation upon vesting of a restricted stock unit.
/s/ Helen Kaminski, pursuant to power of attorney previously filed 08/26/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Chipotle CFO Adam T. Rymer report on Form 4 (CMG)?

The Form 4 reports a disposition of 8,528 shares of Chipotle common stock on 08/22/2025 at a price of $42.91 per share.

How many Chipotle (CMG) shares does the reporting person own after the reported transaction?

After the reported disposition the reporting person beneficially owned 76,603 shares of Chipotle common stock.

Why were the shares disposed according to the filing?

The filing explains the shares consist of common stock retained by Chipotle to satisfy the reporting person's payment obligation upon vesting of a restricted stock unit.

Who signed the Form 4 for Adam T. Rymer and when?

The Form 4 is signed on behalf of the reporting person by Helen Kaminski on 08/26/2025.

What role does Adam T. Rymer have at Chipotle as indicated on the form?

The form identifies Adam T. Rymer as an Officer with the title Chief Financial Officer.
Chipotle Mexican Grill Inc

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58.52B
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Restaurants
Retail-eating Places
United States
NEWPORT BEACH