Baldocchi Albert S 4

What Happened

• Albert S. Baldocchi, a director of Chipotle Mexican Grill, received an award of 6,880 shares of common stock on June 11, 2026. The grant price is reported as $31.25 per share, for a total grant value of $215,000. This transaction is an award/compensation grant (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-11; Filing date: 2026-06-12 (filed the next day, within typical Form 4 timeliness requirements).
• Shares granted: 6,880 at $31.25 per share; total value $215,000.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: Shares were granted under the Chipotle Mexican Grill, Inc. 2022 Stock Incentive Plan as compensation for Baldocchi’s service as a director for the period June 2026–May 2027; the shares are freely tradeable on the date of grant.
• Transaction type: A = Award/Grant.

Context

• This was a routine director compensation grant, which represents pay for board service rather than an investor-initiated buy or sell. Because the shares are freely tradeable on grant, Baldocchi could sell them immediately, but the filing does not indicate any sale. This type of award signals director compensation and should be interpreted differently from insider purchases or sales.