Form 4 for CMG Chipotle Mexican Grill
Accepted 2025-12-02 00:00:00 ET · period of report 2025-12-01 · accession 0001058090-25-000097 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-12-02 | 2025-12-01 | CMG | Garner Curtis E | Pres, Chief Strgy, Tech Off | S - Sale+OE | $34.67 | -61.9K | 298.4K | -17% | -$2.15M |
| D | 2025-12-02 | 2025-12-01 | CMG | Garner Curtis E | Pres, Chief Strgy, Tech Off | M - OptEx | $11.66 | +93.0K | 391.4K | +31% | +$1.08M |
| D | 2025-12-02 | 2025-12-01 | CMG | Garner Curtis E | Pres, Chief Strgy, Tech Off | F - Tax | $34.84 | -31.1K | 360.3K | -8% | -$1.08M |
| D | 2025-12-02 | 2025-12-01 | CMG | Garner Curtis E | Pres, Chief Strgy, Tech Off | M - OptEx | $0.00 | -93.0K | 186.1K | -33% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | common stock | 2025-12-01 | S | D | 61,892 | $34.67 | 298,360 | D | — | — | (F2) Reflects a weighted-average price. Actual sales prices ranged from $34.62 to $34.845 per share. The reporting person undertakes to furnish to the issuer, any requesting shareholder of the issuer, or the staff of the Securities and Exchange Commission complete information regarding the number of shares sold at each separate price. |
| 2 | Common | common stock | 2025-12-01 | M | A | 93,000 | $11.66 | 391,360 | D | — | — | |
| 3 | Common | common stock | 2025-12-01 | F | D | 31,108 | $34.84 | 360,252 | D | — | — | (F1) Consists of shares of common stock retained by Chipotle to satisfy the reporting person's payment obligation upon exercise of the stock only stock appreciation right (SOSAR). |
| 4 | Derivative | 2019 SOSARs | 2025-12-01 | M | D | 93,000 | $0.00 | 186,100 | D | $11.66 · 2021-02-08 to 2026-02-08 | 93,000 common stock | (F3) The SOSAR vested in equal amounts on the second and third anniversaries of the grant date. |