Williams Elizabeth Goodman 4

What Happened
Elizabeth Goodman Williams, CEO of El Pollo Loco Holdings, vested 21,510 restricted shares on 2026-05-29. To cover the tax obligation on the vesting, the issuer withheld 10,523 shares (reported as a disposition under code F) at a quoted price of $13.95 per share, equal to about $146,796. The remaining net shares issued to Williams were 10,987 (21,510 vested minus 10,523 withheld). This was a tax-withholding transaction on an award, not an open-market sale.

Key Details

• Transaction date: 2026-05-29; filing date: 2026-06-01 (appears timely for a Form 4).
• Price used: $13.95 per share (issuer's closing price on 2026-05-28, per footnote).
• Gross vested: 21,510 shares; withheld for taxes: 10,523 shares; net issued to insider: 10,987 shares.
• Transaction code: F (tax withholding to satisfy tax liability upon vesting).
• The filing does not disclose total shares owned by the insider after the vesting beyond the net shares issued in this event.

Context
This was a routine tax-withholding event tied to the vesting of restricted stock and should not be read as an open-market sale or purchase signal. Withholding shares to cover taxes is common and reflects compensation vesting rather than a liquidity-driven trade.