Chipotle CEO Sells Shares to Cover Tax Liability

Management
โดย The Motley Fool·US·Read original
Summary · why it matters

Chipotle Mexican Grill CEO Scott Boatwright sold 31,522 shares for $1.1 million on Aug. 22, 2026, according to an SEC Form 4 filing. The transaction was a non-discretionary withholding to satisfy tax liabilities from the vesting of restricted stock units, not a discretionary sale. Following the transaction, Boatwright directly holds 318,609 shares, valued at $11.24 million, and total insider ownership stands at 0.0248%. The company's stock closed at $38.02 on Aug. 24, 2026, with a market capitalization of $48.2 billion. In the second quarter of 2026, Chipotle reported revenue of $3.3 billion, up 9.3% year over year, while net income fell 7.5% to $404 million due to rising operating expenses.

Impact on stocks 1

Consumer Discretionary · 1 stocks