Form 4 for PTLO Portillo's Inc.
Accepted 2026-03-16 00:00:00 ET · period of report 2026-03-13 · accession 0001305052-26-000006 · 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 | 2026-03-16 | 2026-03-13 | PTLO | Hart Gerard Johan | Dir | M - OptEx | $5.33 | +50.1K | 108.0K | +86% | +$266.9K |
| D | 2026-03-16 | 2026-03-13 | PTLO | Hart Gerard Johan | Dir | M - OptEx | $0.00 | -50.1K | 0 | -100% | $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 | Class A common stock | 2026-03-13 | M | A | 50,070 | $5.33 | 107,965 | D | — | — | (F1) Represents the exercise of options previously granted on 8/8/2016 pursuant to the Issuer's 2014 Equity Incentive Plan, which were substituted for options to purchase shares of Class A common stock under the Issuer's 2021 Equity Incentive Plan in connection with the Issuer's initial public offering. The options vested in equal annual installments on each of the first five anniversaries of the grant date, and are fully vested. |
| 2 | Derivative | Stock Option (right to buy) | 2026-03-13 | M | D | 50,070 | $0.00 | 0 | D | $3.85 · — to 2026-08-08 | 50,070 Class A common stock | (F1) Represents the exercise of options previously granted on 8/8/2016 pursuant to the Issuer's 2014 Equity Incentive Plan, which were substituted for options to purchase shares of Class A common stock under the Issuer's 2021 Equity Incentive Plan in connection with the Issuer's initial public offering. The options vested in equal annual installments on each of the first five anniversaries of the grant date, and are fully vested. |