Garner Curtis E 4
4 · CHIPOTLE MEXICAN GRILL INC · Filed Dec 12, 2025
Insider Transaction Report
Form 4
Garner Curtis E
Pres, Chief Strgy & Tech Off
Transactions
- Exercise/Conversion
common stock
2025-12-12$11.65/sh+100,000$1,165,500→ 398,360 total - Tax Payment
common stock
2025-12-12$36.03/sh−32,354$1,165,715→ 366,006 total - Sale
common stock
2025-12-12$36.05/sh−67,646$2,438,422→ 298,360 total - Exercise/Conversion
2019 SOSARs
2025-12-12−100,000→ 86,100 totalExercise: $11.66From: 2021-02-08Exp: 2026-02-08→ common stock (100,000 underlying)
Footnotes (3)
- [F1]Consists of shares of common stock retained by Chipotle to satisfy the reporting person's payment obligation upon exercise of the stock only stock appreciation right (SOSAR).
- [F2]Reflects a weighted-average price. Actual sales prices ranged from $35.955 to $36.12 per share. For each transaction on this Form 4 that is reported at a weighted average price, the reporting person undertakes to furnish to the issuer, any requesting shareholder of the issuer, or the staff of the Securities and Exchange Commission complete information regarding the number of shares sold at each separate price.
- [F3]The SOSAR vested in equal amounts on the second and third anniversaries of the grant date.