---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-158496"
form_type: "8-K"
ticker: "CMG"
cik: "0001058090"
company_name: "CHIPOTLE MEXICAN GRILL INC"
filed_at: "2023-06-01T23:59:59+00:00"
generated_at: "2026-06-14T08:53:36.082514+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.05
calibrated_materiality_score: 0.05
confidence: "high"
source: SEC EDGAR
---

# Chipotle adopts uncertificated shares effective June 1, 2023

## Summary
- Bylaw amendment requires all new capital stock issuances to be in uncertificated form only.
- Existing physical certificates remain valid until surrendered to the company.
- Change is effective June 1, 2023; no impact on trading or shareholder rights.

## SEC filing metadata
- accession: 0001193125-23-158496
- form_type: 8-K
- ticker: CMG
- cik: 0001058090
- company_name: CHIPOTLE MEXICAN GRILL INC
- filed_at: 2023-06-01T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.05
- calibrated_materiality_score: 0.05
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058090/000119312523158496/0001193125-23-158496-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058090/000119312523158496/d505935d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-158496
- JSON: https://secwatch.observer/filing/0001193125-23-158496.json
- Plain text: https://secwatch.observer/filing/0001193125-23-158496.txt

## Key facts
- Governance Changes
  CHIPOTLE MEXICAN GRILL INC: Amended bylaws to provide that shares of capital stock shall be issued solely in uncertificated form beginning June 1, 2023, with existing certificated shares remaining as certificates until surrendered (effective 2023-06-01).
  - Change: bylaw amendment
  - Effective: 2023-06-01
  source text: The Board of Directors of Chipotle Mexican Grill, Inc. (the “Company”) has approved amendments to the amended and restated Bylaws of the Company, which became effective on June 1, 2023. The purpose of the amendments is to provide that, beginning on June 1, 2023, shares of the Company’s capital stock shall be issued solely in uncertificated form; however, shares represented by a certificate issued prior to June 1, 2023 shall remain in certificated form until the certificate is surrendered to the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058090/000119312523158496/0001193125-23-158496-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.