Carey Matt 4
Research Summary
AI-generated summary
Chipotle Director Matt Carey Receives 6,880-Share Award
What Happened
Matt Carey, a director of Chipotle Mexican Grill, received an award of 6,880 shares of common stock on June 11, 2026. The shares were valued at $31.25 each, for a total grant value of $215,000. This transaction is an award/grant (code A) issued as director compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-11 (filed on 2026-06-12)
- Transaction type/code: Award/Grant (A)
- Shares granted: 6,880 at $31.25 per share — total value $215,000
- Shares owned after transaction: Not stated in the filing
- Footnote: Shares were issued under the Chipotle Mexican Grill, Inc. 2022 Stock Incentive Plan as compensation for service from June 2026 through May 2027; the shares are freely tradeable on the date of grant (per footnote F1)
- Filing timeliness: Filed the day after the reported transaction (not marked late)
Context
This was a compensation award to a non-employee director, which is a routine form of director pay and does not, by itself, indicate the director buying or selling stock for investment reasons. Because the shares are freely tradeable on the grant date, Carey could sell them immediately if he chose, but the filing shows only the grant, not any subsequent trades.