Portillo's (PTLO) executive Correia gave up 9,720 shares at $4.87 to cover taxes or an exercise price
CIO Keith Correia had 9,720 Class A shares withheld at $4.87 for tax on vesting; direct holdings now 77,334 shares.
Insider transactions reported
Keith M Correia (Chief Information Officer at Portillo's Inc., PTLO) reported that they gave up 9,720 shares at $4.87 to cover taxes or an exercise price on Oct 31, 2026. After these transactions the filing shows 77,334 shares held directly.
- Reporting person
- Correia Keith M
- Role
- Chief Information Officer
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Oct 31, 2026 | Shares withheld for taxes or exercise price (F) | Class A common stock1 | -9,720 | $4.87 | $47.3K | 77,334 direct |
Holdings before and after
- Class A common stock: 87,054 to 77,334 direct
Footnotes from the filing
- 1. Represents shares deducted to satisfy tax withholding obligations on the vesting of a previously disclosed award.
Transaction codes in this filing
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
FAQ
What did Correia report in this PTLO Form 4?
Keith M Correia (Chief Information Officer at Portillo's Inc., PTLO) reported that they gave up 9,720 shares at $4.87 to cover taxes or an exercise price on Oct 31, 2026. After these transactions the filing shows 77,334 shares held directly.
How many PTLO shares does Correia hold after this filing?
The filing shows 77,334 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code F mean on an SEC Form 4?
Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
Historical context for PTLO
Across the 30 sessions after earlier PTLO headlines, the stock closed higher 13 times and lower 17 times, with a median move of 3.1% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | PTLO | SPY |
|---|---|---|---|
| Oct 22, 2026 | PORTILLO’S INC. PTLO INVESTORS: Contact Kirby McInerney LLP About the Firm’s Securities Investigation Following 21.5% Share Drop | +4.4% | -1.2% |
| Oct 9, 2026 | Portillo’s Announces Third Quarter 2026 Earnings Webcast | +3.1% | +0.6% |
| Oct 6, 2026 | Portillo's and OREO Brand Go Beyond the Ordinary This Halloween by Launching a Trio of Tantalizing Treats | +6.5% | +0.5% |
| Sep 18, 2026 | Portillo’s Celebrates National Cheeseburger Day with Plans for a New Restaurant in Buford, Georgia | -0.3% | -0.1% |
| Aug 6, 2026 | Portillo’s Inc. Announces Second Quarter 2026 Financial Results | -6.2% | -0.2% |
| Aug 4, 2026 | Portillo’s Appoints Kevin Kalicak as Chief Financial Officer | -0.2% | +1.8% |
Earlier insider filings at PTLO
- Nov 2, 2026General Counsel and Secretary Kaiser Kelly M covered exercise/tax liability with 10,405 shares, decreasing direct ownership by 7% to 134,515 units (SEC Form 4) to cover taxes
- Nov 2, 2026Chief Operating Officer Darden Tony J covered exercise/tax liability with 10,581 shares, decreasing direct ownership by 7% to 147,920 units (SEC Form 4) (for tax liability)
- Sep 23, 2026Chief Marketing Officer Lauer Denise Peggy covered exercise/tax liability with 6,545 shares, decreasing direct ownership by 6% to 101,240 units (SEC Form 4) to satisfy withholding obligation
- Sep 8, 2026General Counsel and Secretary Kaiser Kelly M covered exercise/tax liability with 437 shares, decreasing direct ownership by 0.30% to 144,920 units (SEC Form 4) (for tax liability)
- Aug 12, 2026Director Lee Eugene I Jr bought $299,979 worth of shares (65,355 units at $4.59) (SEC Form 4)
- Market cap
- 30-day
- Sector
- Consumer Discretionary
- Industry
- Restaurants
- Listed since
- 2021
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