Curtis E. Garner - Dec 9, 2024 Form 4 Insider Report for CHIPOTLE MEXICAN GRILL INC (CMG)

Signature
/s/ Helen Kaminski, pursuant to power of attorney previously filed
Stock symbol
CMG
Transactions as of
Dec 9, 2024
Transactions value $
-$1,013,815
Form type
4
Date filed
12/10/2024, 04:36 PM
Previous filing
Dec 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMG common stock Sale -$947K -14.7K -3.33% $64.33 427K Dec 9, 2024 Direct F1
transaction CMG common stock Sale -$67K -1.03K -0.24% $64.89 426K Dec 9, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Reflects a weighted-average price. Actual sales prices ranged from $63.76 to $64.76 per share.
F2 Reflects a weighted-average price. Actual sales prices ranged from $64.77 to $65.44 per share.

Remarks:

For each transaction on this Form 4 that is reported at a weighted average price, 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.