Pershing Square Capital Management, L.P. - 03 May 2022 Form 4 Insider Report for CHIPOTLE MEXICAN GRILL INC (CMG)

Reporting relationship: Director
Issuer ticker: CMG
Reported as of: 03 May 2022
Net transaction value: -$13,739,122
SEC form: 4
Accepted by SEC: 05 May 2022, 16:08:09 UTC
Prior SEC filing: 08 Sep 2021
Next SEC filing: 18 May 2022
Source filing: View source filing
Reporting owner signature: Pershing Square Capital Management, L.P., By: PS Management GP, LLC, its General Partner, By: /s/ William A. Ackman, Managing Member

Key filing fact

Pershing Square Capital Management, L.P. filed Form 4 for CHIPOTLE MEXICAN GRILL INC (CMG) on 05 May 2022.

Key facts

This page summarizes Pershing Square Capital Management, L.P.'s Form 4 filing for CHIPOTLE MEXICAN GRILL INC (CMG).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 05 May 2022, 16:08.

Change

Previous filing in this sequence was filed on 08 Sep 2021.
Current net transaction value: -$13,739,122.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CMG transaction

Common Stock

Sale

Transaction value: $13,739,122
Shares: -9,517
Change %: -0.85%
Price: $1443.64
Shares after: 1,105,208
Date: 03 May 2022
Ownership: See footnotes
Footnotes: F1, F2, F3, F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

In addition to Pershing Square Capital Management, L.P., a Delaware limited partnership ("Pershing Square"), this Form 4 is being filed jointly by PS Management GP, LLC, a Delaware limited liability company ("PS Management"), and William A. Ackman, a citizen of the United States of America (collectively, the "Reporting Persons"), each of whom has the same business address as Pershing Square and may be deemed to have a pecuniary interest in securities reported on this Form 4 (the "Subject Securities").

Footnote F2

Pershing Square advises the accounts of Pershing Square, L.P., a Delaware limited partnership ("PS"), Pershing Square International, Ltd., a Cayman Islands exempted company ("PS International"), and Pershing Square Holdings, Ltd., a limited liability company incorporated in Guernsey ("PSH" and together with PS and PS International, the "Pershing Square Funds").

Footnote F3

Pershing Square, as the investment adviser to the Pershing Square Funds, may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934. As the general partner of Pershing Square, PS Management may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a). By virtue of Mr. Ackman's position as Chief Executive Officer of Pershing Square and managing member of PS Management, Mr. Ackman may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a). Each of the Reporting Persons disclaims any beneficial ownership of any of the Subject Securities, except to the extent of any pecuniary interest therein.

Footnote F4

This Form 4 is being filed as a result of sales related to portfolio management. Common Stock was sold in open market transactions for the accounts of PS and PS International. PSH did not sell any Common Stock.

Footnote F5

The Reporting Persons disclaim being directors by deputization for purposes of Section 16 of the Securities Exchange Act of 1934.