Chipotle (CMG) CEO Scott Boatwright Sells 31,522 Shares

What Happened

• Scott Boatwright, CEO of Chipotle Mexican Grill (CMG), had 31,522 shares disposed on August 22, 2026 to satisfy tax withholding tied to a restricted stock unit (RSU) award. The shares were reported at $35.29 each, for a total value of $1,112,411. This transaction is a tax-withholding disposition rather than an open-market sale.

Key Details

• Transaction date and price: August 22, 2026 — 31,522 shares at $35.29 each.
• Total value: $1,112,411 (shares withheld/disposed to cover taxes).
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: F1 — shares were withheld to satisfy the reporting person's tax liability upon vesting and settlement of an RSU award (tax withholding).
• Filing date: August 25, 2026; timeliness not specified in the provided data.

Context

• This was a routine tax-withholding event (code F), common when RSUs vest; it does not necessarily indicate the insider is reducing their overall stake or expressing a market view. Unlike an open-market sale, withheld shares are surrendered to cover taxes rather than sold for cash on the market.