Michael Osanloo - 28 Feb 2025 Form 4 Insider Report for Portillo's Inc. (PTLO)

Signature
By: /s/ Kelly M. Kaiser, as attorney-in-fact for Michael Osanloo
Issuer symbol
PTLO
Transactions as of
28 Feb 2025
Net transactions value
+$20,854
Form type
4
Filing time
04 Mar 2025, 17:09:30 UTC
Previous filing
23 Oct 2024
Next filing
17 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTLO Class A common stock Award $21,595 +1,718 +3.4% $12.57 51,684 28 Feb 2025 Direct F1
transaction PTLO Class A common stock Tax liability $742 -59 -0.11% $12.57 51,625 28 Feb 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of Class A Common Stock purchased pursuant to the Portillo's Inc. 2022 Employee Stock Purchase Plan ("ESPP"), for the purchase period of December 1, 2024 to February 28, 2025. In accordance with the ESPP, these shares were purchased at a price equal to 90% of the closing price of Issuer's Class A Common Stock on February 28, 2025.
F2 Represents shares deducted to satisfy tax withholding obligations on the vesting of the award reported herein.