Fils Ira 4
Research Summary
AI-generated summary
El Pollo Loco (LOCO) CFO Ira Fils Receives Equity Awards
What Happened
- Ira Fils, Chief Financial Officer of El Pollo Loco Holdings, was granted equity on 2026-03-17: 15,015 shares (restricted stock award) and a derivative award covering 32,626 shares (nonqualified stock option grant). Both grants are reported at a $0.00 per-share acquisition price on the Form 4, i.e., this filing records awards/grants rather than market purchases or sales.
Key Details
- Transaction date: 2026-03-17; Form 4 filed: 2026-03-19 (filed within the normal reporting window).
- Reported prices/values: $0.00 per share for both the restricted stock award and the derivative grant, as shown on the Form 4.
- Shares owned after the transaction: not specified in the provided filing data.
- Footnotes:
- F1: The 15,015 shares are restricted stock subject to vesting in three equal installments on each of the first three anniversaries of the grant date.
- F2: The 32,626-share derivative is a nonqualified stock option grant that vests and becomes exercisable in three equal installments on each of the three anniversaries of the grant date.
- Transaction code: "A" — award/grant (not a sale or open-market purchase).
Context
- These grants are compensation awards, not exercises or open-market trades. Restricted shares vest over time; options must vest before they can be exercised and converted to shares. Such grants are typical executive compensation and do not by themselves indicate an immediate buy or sell in the market.