Director sold
40K → 36K shares held−8% of their stake
A board member of Chipotle sold $123K of Chipotle shares. Nobody planned it ahead of time.
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Traded Feb 9, 2026 · Filed Feb 10, 2026
Routine share withholding; mechanical by default.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
tax withholding
Code F — shares delivered to pay exercise price or tax liability
Tax mechanics (code F)
Only flagged when a footnote says so; never inferred
40K → 36K shares held−8% of their stake
A board member of Chipotle sold $123K of Chipotle shares. Nobody planned it ahead of time.
Compensation award — excluded from discretionary-purchase analysis.
Routine share withholding; mechanical by default.
