Matthew R. Bush - 31 Oct 2025 Form 4 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: 31 Oct 2025
Net transactions value: +$400,023
Form type: 4
Filing time: 07 Nov 2025, 16:27:15 UTC
Previous filing: 16 Sep 2025
Next filing: 10 Feb 2026
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	07 Nov 2025	0002086140

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CMG	common stock	Award	$400,023	+12,623	+293%	$31.69	16,933	31 Oct 2025	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents an award of restricted stock units granted in connection with the reporting person's promotion to Vice President, Controller. The award will vest 1/3rd on each of the first, second and third anniversaries of the grant date, subject to possible acceleration of vesting.