{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-067720","form_type":"8-K","ticker":"PTLO","cik":"0001871509","company_name":"Portillo's Inc.","filed_at":"2023-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.292684+00:00","generated_at":"2026-06-18T05:56:49.891933+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Portillo's synthetic secondary offering of 8M shares; underwriter option for 1.2M additional","bullets":["Company entered underwriting agreement on March 7, 2023 for 8,000,000 share offering with Morgan Stanley as sole underwriter.","Underwriter granted 30-day option to purchase up to 1,200,000 additional shares of Class A common stock.","Offering consummated on March 10, 2023; PHD Group Holdings, LLC is a party to the agreement.","Offering made under effective S-3ASR registration statement filed November 14, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-067720","json":"https://secwatch.observer/filing/0001193125-23-067720.json","markdown":"https://secwatch.observer/filing/0001193125-23-067720.md","text":"https://secwatch.observer/filing/0001193125-23-067720.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1871509/000119312523067720/0001193125-23-067720-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1871509/000119312523067720/d480851d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T05:56:49.891933+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7e79aa962aa01935ae84a46411eb455ac455dec3","claim":"Portillo's Inc. entered into Underwriting Agreement with Morgan Stanley & Co. LLC (effective 2023-03-07).","evidence_excerpt":"on March 7, 2023, the Company and PHD Group Holdings, LLC entered into an underwriting agreement (the “Underwriting Agreement”) with Morgan Stanley & Co. LLC","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1871509/000119312523067720/0001193125-23-067720-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Morgan Stanley & Co. LLC"},{"label":"Effective","value":"2023-03-07"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}