{"schema_version":"secwatch.filing_event.v1","accession":"0001871509-25-000136","form_type":"8-K","ticker":"PTLO","cik":"0001871509","company_name":"Portillo's Inc.","filed_at":"2025-09-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.467306+00:00","generated_at":"2026-05-17T06:00:32.605178+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Portillo's CEO Michael Osanloo departs; Chairman Miles named interim CEO effective Sept 21","bullets":["Michael Osanloo out as President and CEO effective Sept 21, 2025; separation without cause entitles him to severance benefits.","Board Chairman Michael A. Miles, Jr., age 63, appointed interim CEO; he previously served as interim CEO from 2014-2015.","Board formed Search Committee (4 directors) and will hire executive search firm to identify permanent CEO.","Eugene I. Lee (former Darden CEO) appointed Lead Independent Director; Osanloo will serve as Special Advisor for 90 days.","Company says recent performance 'has not measured up to expectations' as reason for the leadership transition."],"urls":{"canonical":"https://secwatch.observer/filing/0001871509-25-000136","json":"https://secwatch.observer/filing/0001871509-25-000136.json","markdown":"https://secwatch.observer/filing/0001871509-25-000136.md","text":"https://secwatch.observer/filing/0001871509-25-000136.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1871509/000187150925000136/0001871509-25-000136-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1871509/000187150925000136/ptlo-20250921.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:00:32.605178+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}