Matthew R. Bush - 04 Sep 2025 Form 3 Insider Report for CHIPOTLE MEXICAN GRILL INC (CMG)

Role
Controller, PAO
Signature
/s/ Helen Kaminski, pursuant to power of attorney filed herewith
Issuer symbol
CMG
Transactions as of
04 Sep 2025
Net transactions value
$0
Form type
3
Filing time
16 Sep 2025, 16:11:27 UTC
Next filing
07 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Bush Matthew R Controller, PAO C/O CHIPOTLE MEXICAN GRILL, INC., 610 NEWPORT CENTER DR, SUITE 1100, NEWPORT BEACH /s/ Helen Kaminski, pursuant to power of attorney filed herewith 16 Sep 2025 0002086140

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CMG common stock 4,310 04 Sep 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CMG 2022 SOSAR 04 Sep 2025 common stock 4,150 $31.56 Direct F2
holding CMG 2023 SOSAR 04 Sep 2025 common stock 3,650 $32.14 Direct F2
holding CMG 2024 SOSAR 04 Sep 2025 common stock 3,350 $52.77 Direct F2
holding CMG 2025 SOSAR 04 Sep 2025 common stock 12,377 $57.27 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes a restricted stock unit (RSU) with 600 unvested shares that was granted on February 9, 2023 and will be fully vested on February 9, 2026, and an RSU for 1,100 shares that was granted on February 9, 2024 and will vest 50% on each of the second and third anniversaries of the grant date.
F2 The stock appreciation right (SOSAR) vests 50% on each of the second and third anniversaries of the grant date, subject to continued employment with Chipotle and possible acceleration of vesting. Upon exercise, the SOSAR settles in shares of common stock on a 1-to-1 basis.