Rymer Adam T 4

What Happened Adam T. Rymer, Chief Financial Officer of Chipotle Mexican Grill, was granted 115,227 stock-only stock appreciation rights (SOSARs) on February 6, 2026. The award was reported as a derivative acquisition at $0.00 per unit (no cash paid). These SOSARs will, upon exercise, settle in common stock on a 1-for-1 basis.

Key Details

• Transaction date: 2026-02-06; reported filing date: 2026-02-10 (timely filed).
• Grant: 115,227 SOSAR units reported as an award (code A) at $0.00.
• Shares owned after transaction: not provided in the excerpt of this filing.
• Footnote: Award is a stock-only SAR that vests in equal amounts on the 2nd and 3rd anniversaries of the grant date, subject to possible acceleration; upon exercise each SOSAR settles into one share (F1).
• Filing timeliness: Reported within required filing window (not marked late).

Context A SOSAR is a derivative compensation award that can convert into shares in the future; it is not an immediate cash purchase or sale of stock. The economic value to the holder depends on Chipotle’s stock price at exercise and the awards vest over time, so this grant represents future potential equity compensation rather than an immediate change in shareholdings or a direct market sentiment signal. Monitor future Form 4s for exercises or subsequent sales tied to these awards.