Chipotle Mexican Grill insider activity
What the executives and directors of Chipotle Mexican Grill actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
−$7.2M
net open-market flow, 12 m
0 open-market buys, 12 m
0%
of sale value on 10b5-1 plans, 12 m
565 days since an insider bought, whole record
The tape: three years of insider trades
Open-market buy
Discretionary sale
Planned sale (10b5-1)
Reported-price path
Routine
Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling. The share count changed 50-for-1 on Jun 26, 2024, so prices and share counts reported before then are restated to today's basis here; otherwise the tape would show a step the shares never took.
The 117 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Aug 7, 2026 | Machado Fernando | 76K |
| Jun 11, 2026 | FILIKRUSHEL PATRICIA | 6,880 |
| Jun 11, 2026 | WINSTON MARY A | 6,880 |
| Jun 11, 2026 | Baldocchi Albert S | 6,880 |
| Jun 11, 2026 | Gutierrez Mauricio | 6,880 |
| Jun 11, 2026 | Maw Scott Harlan | 6,880 |
| Jun 11, 2026 | Carey Matt | 6,880 |
| Jun 11, 2026 | Hickenlooper Robin S | 6,880 |
| Jun 11, 2026 | Fuentes Laura | 6,880 |
| Jun 11, 2026 | weinstein joshua ian | 6,880 |
| May 20, 2026 | Baldocchi Albert S | 6,672 |
| Feb 15, 2026 | Garner Curtis E | 390K |
| Feb 15, 2026 | Boatwright Scott | 358K |
| Feb 15, 2026 | Schalow Laurie | 114K |
| Feb 15, 2026 | Bush Matthew R | 9,256 |
| Feb 15, 2026 | Rymer Adam T | 34K |
| Feb 6, 2026 | Garner Curtis E | 111K |
| Feb 6, 2026 | Schalow Laurie | 8,886 |
| Feb 6, 2026 | Eskenazi Ilene | 20K |
| Feb 6, 2026 | Kidd Jason Allan | 17K |
| Feb 6, 2026 | Bush Matthew R | 3,174 |
| Dec 12, 2025 | Garner Curtis E | 132K |
| Dec 1, 2025 | Garner Curtis E | 124K |
| Dec 1, 2025 | weinstein joshua ian | 3,407 |
| Nov 29, 2025 | Eskenazi Ilene | 9,030 |
| Oct 31, 2025 | Bush Matthew R | 13K |
| Aug 22, 2025 | Theodoredis Roger E | 30K |
| Aug 22, 2025 | Garner Curtis E | 41K |
| Aug 22, 2025 | Brandt Christopher W | 41K |
| Aug 22, 2025 | Boatwright Scott | 82K |
| Aug 22, 2025 | Schalow Laurie | 30K |
| Aug 22, 2025 | Eskenazi Ilene | 30K |
| Aug 22, 2025 | McConnell Jamie | 4,639 |
| Aug 22, 2025 | Rymer Adam T | 8,528 |
| Aug 11, 2025 | Baldocchi Albert S | 5,340 |
| Jul 25, 2025 | Kidd Jason Allan | 16K |
| Jul 24, 2025 | Brandt Christopher W | 57K |
| Jun 11, 2025 | FILIKRUSHEL PATRICIA | 4,152 |
| Jun 11, 2025 | WINSTON MARY A | 4,152 |
| Jun 11, 2025 | Baldocchi Albert S | 4,152 |
| Jun 11, 2025 | Gutierrez Mauricio | 4,152 |
| Jun 11, 2025 | Maw Scott Harlan | 4,152 |
| Jun 11, 2025 | Carey Matt | 4,152 |
| Jun 11, 2025 | Hickenlooper Robin S | 4,152 |
| Jun 11, 2025 | Fuentes Laura | 4,152 |
| Jun 4, 2025 | Garner Curtis E | 37K |
| Jun 2, 2025 | Theodoredis Roger E | 211K |
| May 21, 2025 | Garner Curtis E | 37K |
| Mar 13, 2025 | Garner Curtis E | 28K |
| Feb 25, 2025 | Garner Curtis E | 28K |
| Feb 15, 2025 | McConnell Jamie | 44K |
| Feb 15, 2025 | Hartung Jack | 71K |
| Feb 15, 2025 | Theodoredis Roger E | 53K |
| Feb 15, 2025 | Garner Curtis E | 77K |
| Feb 15, 2025 | Brandt Christopher W | 71K |
| Feb 15, 2025 | Boatwright Scott | 71K |
| Feb 15, 2025 | Schalow Laurie | 22K |
| Feb 15, 2025 | Rymer Adam T | 7,718 |
| Feb 10, 2025 | Maw Scott Harlan | 1,580 |
| Feb 9, 2025 | Brandt Christopher W | 25K |
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price. The share count changed 50-for-1 on Jun 26, 2024, so share counts reported before then are restated to today's basis here.
The chart, in numbers
| Flow | Shares |
|---|---|
| Granted | 796K |
| Vested / exercised | 279K |
| Other in | 1.0M |
| Withheld for tax | 410K |
| Discretionary sales | 194K |
| Gifts | 6,672 |
| Other out | 1.0M |
| Kept | 464K |
Skin in the game
Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades. The share count changed 50-for-1 on Jun 26, 2024, so share counts reported before then are restated to today's basis here.
The chart, in numbers
| Insider | Start of the window | Latest reported | Indexed, start = 100 |
|---|---|---|---|
| Hartung Jack | 3.1M | 3.6M | 114.5 |
| Baldocchi Albert S | 1.9M | 862K | 44.9 |
| Garner Curtis E | 734K | 418K | 57 |
| Boatwright Scott | 502K | 350K | 69.7 |
| Brandt Christopher W | 457K | 141K | 30.9 |
Who holds what
the 14 largest holdings of 23| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| Hartung Jack President, Chief Strategy Off Last trade Jun 13, 2024 | Officer | 3.6M | – | – | Jun 13, 2024 | |
| Baldocchi Albert S Last trade Apr 26, 2024 | Director | 3.2M | – | – | Apr 26, 2024 | |
| Garner Curtis E Pres, Chief Strgy & Tech Off Last trade Feb 6, 2026 | Officer | 553K | – | $7.0M | net selling over the year: 0 months buying, 2 months selling | Feb 6, 2026 |
| Boatwright Scott Chief Executive Officer Last trade Jun 6, 2025 | CEO | 471K | – | – | Jun 6, 2025 | |
| Brandt Christopher W President, Chief Brand Officer Last trade Nov 12, 2024 | Officer | 335K | – | – | Nov 12, 2024 | |
| Schalow Laurie Chief Corp Affairs Officer Last trade Dec 11, 2024 | Officer | 234K | – | – | Dec 11, 2024 | |
| Rymer Adam T Chief Financial Officer | CFO | 102K | – | – | – | |
| Eskenazi Ilene Chief Legal and HR Officer Last trade Aug 25, 2025 | Officer | 96K | – | – | Aug 25, 2025 | |
| Theodoredis Roger E Chief Legal Officer & GC Last trade Jun 2, 2025 | Officer | 80K | – | – | Jun 2, 2025 | |
| Machado Fernando Chief Brand Officer | Officer | 76K | – | – | – | |
| Carey Matt Last trade Apr 23, 2021 | Director | 67K | – | – | Apr 23, 2021 | |
| Hickenlooper Robin S Last trade Jun 12, 2025 | Director | 50K | – | – | Jun 12, 2025 | |
| Maw Scott Harlan | Director | 49K | – | – | – | |
| FILIKRUSHEL PATRICIA Last trade Feb 24, 2026 | Director | 43K | – | $123K | net selling over the year: 0 months buying, 1 month selling | Feb 24, 2026 |
Open-market trade log
the 60 most recent of 2,350| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Feb 24, 2026 | FILIKRUSHEL PATRICIA (Director) 3,350 shares $36.58 +9.4% since trade filed Feb 25, 2026 | Discretionary sale | 3,350 | $36.58 | $123K | +9.4% | Feb 25, 2026 |
| Feb 6, 2026 | Garner Curtis E (Officer) 61K shares $40.01 +0.0% since trade filed Feb 10, 2026 | Discretionary sale | 61K | $40.01 | $2.4M | +0.0% | Feb 10, 2026 |
| Dec 12, 2025 | Garner Curtis E (Officer) 68K shares $36.05 +11.0% since trade filed Dec 12, 2025 | Discretionary sale | 68K | $36.05 | $2.4M | +11.0% | Dec 12, 2025 |
| Dec 1, 2025 | Garner Curtis E (Officer) 62K shares $34.67 +15.4% since trade filed Dec 2, 2025 | Discretionary sale | 62K | $34.67 | $2.1M | +15.4% | Dec 2, 2025 |
| Aug 25, 2025 | Eskenazi Ilene (Officer) 27K shares $43.15 −7.3% since trade filed Aug 26, 2025 | Discretionary sale | 27K | $43.15 | $1.1M | −7.3% | Aug 26, 2025 |
| Jul 7, 2025 | Garner Curtis E (Officer) 16K shares $56.32 −29.0% since trade filed Jul 8, 2025 | Planned sale (10b5-1) | 16K | $56.32 | $887K | −29.0% | Jul 8, 2025 |
| Jun 25, 2025 | Garner Curtis E (Officer) 63K shares $55.14 −27.4% since trade filed Jun 30, 2025 | Planned sale (10b5-1) | 63K | $55.14 | $3.5M | −27.4% | Jun 30, 2025 |
| Jun 12, 2025 | FILIKRUSHEL PATRICIA (Director) 2,076 shares $51.13 −21.8% since trade filed Jun 13, 2025 | Discretionary sale | 2,076 | $51.13 | $106K | −21.8% | Jun 13, 2025 |
| Jun 12, 2025 | Hickenlooper Robin S (Director) 2,250 shares $51.21 −21.9% since trade filed Jun 13, 2025 | Discretionary sale | 2,250 | $51.21 | $115K | −21.9% | Jun 13, 2025 |
| Jun 6, 2025 | Boatwright Scott (CEO) 19K shares $52.48 −23.8% since trade filed Jun 6, 2025 | Discretionary sale | 19K | $52.48 | $997K | −23.8% | Jun 6, 2025 |
| Jun 4, 2025 | Garner Curtis E (Officer) 23K shares $52.14 −23.3% since trade filed Jun 6, 2025 | Discretionary sale | 23K | $52.14 | $1.2M | −23.3% | Jun 6, 2025 |
| Jun 2, 2025 | Theodoredis Roger E (Officer) 114K shares $49.70 −19.5% since trade filed Jun 4, 2025 | Discretionary sale | 114K | $49.70 | $5.7M | −19.5% | Jun 4, 2025 |
| May 21, 2025 | Garner Curtis E (Officer) 23K shares $50.84 −21.3% since trade filed May 23, 2025 | Discretionary sale | 23K | $50.84 | $1.2M | −21.3% | May 23, 2025 |
| May 14, 2025 | McConnell Jamie (Officer) 3,087 shares $52.42 −23.7% since trade filed May 15, 2025 | Discretionary sale | 3,087 | $52.42 | $162K | −23.7% | May 15, 2025 |
| Mar 13, 2025 | Garner Curtis E (Officer) 6,891 shares $48.56 −17.6% since trade filed Mar 13, 2025 | Discretionary sale | 6,891 | $48.56 | $335K | −17.6% | Mar 13, 2025 |
| Mar 12, 2025 | Garner Curtis E (Officer) 6,930 shares $50.21 −20.3% since trade filed Mar 13, 2025 | Discretionary sale | 6,930 | $50.21 | $348K | −20.3% | Mar 13, 2025 |
| Mar 11, 2025 | Garner Curtis E (Officer) 6,940 shares $50.53 −20.8% since trade filed Mar 13, 2025 | Discretionary sale | 6,940 | $50.53 | $351K | −20.8% | Mar 13, 2025 |
| Mar 5, 2025 | Gutierrez Mauricio (Director) 9,400 shares $53.00 −24.5% since trade filed Mar 7, 2025 | Open-market buy | 9,400 | $53.00 | $498K | −24.5% | Mar 7, 2025 |
| Feb 25, 2025 | Garner Curtis E (Officer) 21K shares $52.36 −23.6% since trade filed Feb 27, 2025 | Discretionary sale | 21K | $52.36 | $1.1M | −23.6% | Feb 27, 2025 |
| Feb 10, 2025 | McConnell Jamie (Officer) 11K shares $58.70 −31.8% since trade filed Feb 11, 2025 | Discretionary sale | 11K | $58.70 | $664K | −31.8% | Feb 11, 2025 |
| Feb 7, 2025 | Garner Curtis E (Officer) 16K shares $57.31 −30.2% since trade filed Feb 11, 2025 | Planned sale (10b5-1) | 16K | $57.31 | $903K | −30.2% | Feb 11, 2025 |
| Jan 7, 2025 | Garner Curtis E (Officer) 16K shares $58.24 −31.3% since trade filed Jan 10, 2025 | Planned sale (10b5-1) | 16K | $58.24 | $917K | −31.3% | Jan 10, 2025 |
| Dec 11, 2024 | Schalow Laurie (Officer) 17K shares $65.16 −38.6% since trade filed Dec 12, 2024 | Discretionary sale | 17K | $65.16 | $1.1M | −38.6% | Dec 12, 2024 |
| Dec 10, 2024 | Schalow Laurie (Officer) 4,404 shares $65.01 −38.5% since trade filed Dec 12, 2024 | Discretionary sale | 4,404 | $65.01 | $286K | −38.5% | Dec 12, 2024 |
| Dec 9, 2024 | Garner Curtis E (Officer) 1,032 shares $64.89 −38.3% since trade filed Dec 10, 2024 | Planned sale (10b5-1) | 1,032 | $64.89 | $67K | −38.3% | Dec 10, 2024 |
| Dec 9, 2024 | Garner Curtis E (Officer) 15K shares $64.33 −37.8% since trade filed Dec 10, 2024 | Planned sale (10b5-1) | 15K | $64.33 | $947K | −37.8% | Dec 10, 2024 |
| Dec 6, 2024 | Garner Curtis E (Officer) 45K shares $65.25 −38.7% since trade filed Dec 6, 2024 | Discretionary sale | 45K | $65.25 | $2.9M | −38.7% | Dec 6, 2024 |
| Nov 12, 2024 | Brandt Christopher W (Officer) 20K shares $60.01 −33.3% since trade filed Nov 14, 2024 | Discretionary sale | 20K | $60.01 | $1.2M | −33.3% | Nov 14, 2024 |
| Nov 7, 2024 | Garner Curtis E (Officer) 14 shares $59.10 −32.3% since trade filed Nov 8, 2024 | Planned sale (10b5-1) | 14 | $59.10 | $827 | −32.3% | Nov 8, 2024 |
| Nov 7, 2024 | Garner Curtis E (Officer) 16K shares $58.46 −31.6% since trade filed Nov 8, 2024 | Planned sale (10b5-1) | 16K | $58.46 | $920K | −31.6% | Nov 8, 2024 |
| Oct 7, 2024 | Garner Curtis E (Officer) 16K shares $57.05 −29.9% since trade filed Oct 8, 2024 | Planned sale (10b5-1) | 16K | $57.05 | $899K | −29.9% | Oct 8, 2024 |
| Sep 12, 2024 | Hickenlooper Robin S (Director) 1,790 shares $56.38 −29.0% since trade filed Sep 13, 2024 | Discretionary sale | 1,790 | $56.38 | $101K | −29.0% | Sep 13, 2024 |
| Sep 11, 2024 | Garner Curtis E (Officer) 16K shares $55.02 −27.3% since trade filed Sep 13, 2024 | Planned sale (10b5-1) | 16K | $55.02 | $867K | −27.3% | Sep 13, 2024 |
| Aug 6, 2024 | Garner Curtis E (Officer) 17K shares $54.68 −26.8% since trade filed Aug 7, 2024 | Discretionary sale | 17K | $54.68 | $951K | −26.8% | Aug 7, 2024 |
| Jul 29, 2024 | Garner Curtis E (Officer) 60K shares $50.96 −21.5% since trade filed Jul 30, 2024 | Discretionary sale | 60K | $50.96 | $3.1M | −21.5% | Jul 30, 2024 |
| Jun 13, 2024 | Hartung Jack (CFO) 2,461 shares $3,249.01 −38.4% since trade filed Jun 14, 2024 | Discretionary sale | 2,461 | $3,249.01 | $8.0M | −38.4% | Jun 14, 2024 |
| Apr 26, 2024 | Baldocchi Albert S (Director) 5 shares $3,165.00 −36.8% since trade filed Apr 29, 2024 | Discretionary sale | 5 | $3,165.00 | $16K | −36.8% | Apr 29, 2024 |
| Apr 26, 2024 | Baldocchi Albert S (Director) 18 shares $3,167.09 −36.8% since trade filed Apr 29, 2024 | Discretionary sale | 18 | $3,167.09 | $57K | −36.8% | Apr 29, 2024 |
| Apr 26, 2024 | Baldocchi Albert S (Director) 30 shares $3,162.50 −36.7% since trade filed Apr 29, 2024 | Discretionary sale | 30 | $3,162.50 | $95K | −36.7% | Apr 29, 2024 |
| Apr 26, 2024 | Baldocchi Albert S (Director) 947 shares $3,166.10 −36.8% since trade filed Apr 29, 2024 | Discretionary sale | 947 | $3,166.10 | $3.0M | −36.8% | Apr 29, 2024 |
| Apr 26, 2024 | Theodoredis Roger E (Officer) 821 shares $3,158.34 −36.7% since trade filed Apr 29, 2024 | Discretionary sale | 821 | $3,158.34 | $2.6M | −36.7% | Apr 29, 2024 |
| Apr 26, 2024 | Theodoredis Roger E (Officer) 1,688 shares $3,167.40 −36.8% since trade filed Apr 29, 2024 | Discretionary sale | 1,688 | $3,167.40 | $5.3M | −36.8% | Apr 29, 2024 |
| Apr 26, 2024 | Niccol Brian R (CEO) 100 shares $3,177.99 −37.1% since trade filed Apr 29, 2024 | Discretionary sale | 100 | $3,177.99 | $318K | −37.1% | Apr 29, 2024 |
| Apr 26, 2024 | Niccol Brian R (CEO) 140 shares $3,194.60 −37.4% since trade filed Apr 29, 2024 | Discretionary sale | 140 | $3,194.60 | $447K | −37.4% | Apr 29, 2024 |
| Apr 26, 2024 | Niccol Brian R (CEO) 170 shares $3,193.31 −37.4% since trade filed Apr 29, 2024 | Discretionary sale | 170 | $3,193.31 | $543K | −37.4% | Apr 29, 2024 |
| Apr 26, 2024 | Niccol Brian R (CEO) 206 shares $3,192.82 −37.3% since trade filed Apr 29, 2024 | Discretionary sale | 206 | $3,192.82 | $658K | −37.3% | Apr 29, 2024 |
| Apr 26, 2024 | Niccol Brian R (CEO) 341 shares $3,191.44 −37.3% since trade filed Apr 29, 2024 | Discretionary sale | 341 | $3,191.44 | $1.1M | −37.3% | Apr 29, 2024 |
| Apr 26, 2024 | Niccol Brian R (CEO) 370 shares $3,180.79 −37.1% since trade filed Apr 29, 2024 | Discretionary sale | 370 | $3,180.79 | $1.2M | −37.1% | Apr 29, 2024 |
| Apr 26, 2024 | Niccol Brian R (CEO) 401 shares $3,179.65 −37.1% since trade filed Apr 29, 2024 | Discretionary sale | 401 | $3,179.65 | $1.3M | −37.1% | Apr 29, 2024 |
| Apr 26, 2024 | Niccol Brian R (CEO) 410 shares $3,185.72 −37.2% since trade filed Apr 29, 2024 | Discretionary sale | 410 | $3,185.72 | $1.3M | −37.2% | Apr 29, 2024 |
| Apr 26, 2024 | Niccol Brian R (CEO) 412 shares $3,190.07 −37.3% since trade filed Apr 29, 2024 | Discretionary sale | 412 | $3,190.07 | $1.3M | −37.3% | Apr 29, 2024 |
| Apr 26, 2024 | Niccol Brian R (CEO) 451 shares $3,182.50 −37.1% since trade filed Apr 29, 2024 | Discretionary sale | 451 | $3,182.50 | $1.4M | −37.1% | Apr 29, 2024 |
| Apr 26, 2024 | Niccol Brian R (CEO) 470 shares $3,186.67 −37.2% since trade filed Apr 29, 2024 | Discretionary sale | 470 | $3,186.67 | $1.5M | −37.2% | Apr 29, 2024 |
| Apr 26, 2024 | Niccol Brian R (CEO) 491 shares $3,188.72 −37.3% since trade filed Apr 29, 2024 | Discretionary sale | 491 | $3,188.72 | $1.6M | −37.3% | Apr 29, 2024 |
| Apr 26, 2024 | Niccol Brian R (CEO) 590 shares $3,187.79 −37.2% since trade filed Apr 29, 2024 | Discretionary sale | 590 | $3,187.79 | $1.9M | −37.2% | Apr 29, 2024 |
| Apr 26, 2024 | Niccol Brian R (CEO) 911 shares $3,184.60 −37.2% since trade filed Apr 29, 2024 | Discretionary sale | 911 | $3,184.60 | $2.9M | −37.2% | Apr 29, 2024 |
| Apr 26, 2024 | Niccol Brian R (CEO) 943 shares $3,183.48 −37.2% since trade filed Apr 29, 2024 | Discretionary sale | 943 | $3,183.48 | $3.0M | −37.2% | Apr 29, 2024 |
| Apr 26, 2024 | Brandt Christopher W (Officer) 51 shares $3,155.18 −36.6% since trade filed Apr 29, 2024 | Discretionary sale | 51 | $3,155.18 | $161K | −36.6% | Apr 29, 2024 |
| Apr 26, 2024 | Brandt Christopher W (Officer) 100 shares $3,156.77 −36.6% since trade filed Apr 29, 2024 | Discretionary sale | 100 | $3,156.77 | $316K | −36.6% | Apr 29, 2024 |
| Apr 26, 2024 | Brandt Christopher W (Officer) 121 shares $3,151.70 −36.5% since trade filed Apr 29, 2024 | Discretionary sale | 121 | $3,151.70 | $381K | −36.5% | Apr 29, 2024 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles. The share count changed 50-for-1 on Jun 26, 2024. This table prints prices and share counts as they were filed, on the basis of the day, while the charts above are on today's; “Since trade” puts the filed price on today's basis first, which is why it does not divide into the price beside it.
Filing hygiene
159 Forms 4, 3 years
2 filed late
1 amendments
1.6 avg. days to file
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.