secwatch.observer — SEC 8-K summary
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Issuer:     CHIPOTLE MEXICAN GRILL INC (CMG)
CIK:        0001058090
Form:       8-K
Filed at:   2024-12-20T23:59:59+00:00
Accession:  0001058090-24-000058
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Chipotle approves 2025 CEO compensation: $1.1M salary, 200% bonus target, $13M equity for Boatwright
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- Base salary increased to $1,100,000 from $1,000,000 as interim CEO.
- Annual cash incentive target raised to 200% of base salary (previously 115%).
- Eligible for annual equity awards with aggregate grant date value of $13,000,000.
- Continues participation in executive severance plans and other benefits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058090/000105809024000058/0001058090-24-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058090/000105809024000058/cmg-20241217.htm
  HTML page:      https://secwatch.observer/filing/0001058090-24-000058

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer