Williams Elizabeth Goodman 4
Research Summary
AI-generated summary
El Pollo Loco (LOCO) CEO Elizabeth Williams Receives Award; 12,272 Shares Withheld
What Happened Elizabeth Goodman Williams, CEO of El Pollo Loco Holdings, vested a restricted stock award of 34,200 shares. To satisfy tax withholding on the vesting, the issuer retained (withheld) 12,272 shares—reported as a disposition—at a quoted price of $11.10, representing approximately $136,219. This was a tax-withholding disposition tied to an award vesting, not an open-market sale.
Key Details
- Transaction date: 2026-03-11; Form 4 filed: 2026-03-12 (timely filing).
- Reported disposition: 12,272 shares withheld; column 4 price: $11.10 (closing price on March 10, 2026).
- Gross value of withheld shares: ~$136,219.
- Total RSUs vested: 34,200 shares (12,272 withheld for taxes).
- Filing notes: Footnote F1 confirms the retention was to satisfy the reporting person’s tax obligation upon vesting.
- Shares owned after the transaction: not specified in the provided filing.
Context This was a routine tax-withholding action (transaction code F) accompanying the vesting of restricted stock — effectively a cashless withholding to cover tax obligations. Such withholdings are common and do not necessarily reflect the insider’s view on the company's stock price.