El Pollo Loco (LOCO) CFO Ira Fils Withholds 7,213 Shares for Taxes

What Happened

• Ira Fils, Chief Financial Officer of El Pollo Loco Holdings, vested in 13,369 shares of restricted stock. To satisfy the tax withholding on that vesting, the issuer retained (withheld) 7,213 shares. The retained shares are reported as a disposition valued at $16.03/share, totaling $115,624.
• This activity is a routine tax-withholding related to an award vesting, not an open-market sale or a purchase.

Key Details

• Transaction date: 2026-08-23 (report filed 2026-08-25).
• Withheld/disposed: 7,213 shares at $16.03 per share; total value reported $115,624. (Price is the issuer’s closing share price on Aug 21, 2026.)
• Vested award: 13,369 restricted shares; after withholding, 6,156 shares were delivered to the reporting person (13,369 − 7,213).
• Footnote: F1 confirms the issuer retained 7,213 shares to satisfy tax obligations upon vesting and cites the closing price used.
• Filing timeliness: Report filed within the normal Form 4 window (not marked late).

Context

• This transaction code (F) reflects tax withholding on a restricted stock award — effectively a cashless disposition of shares to cover tax liabilities. It does not represent a market sale that would signal a change in the insider’s view of the company.
• For retail investors: purchases or open-market buys often carry more informational weight. Withholdings on vesting are routine compensatory events.