{"schema_version":"secwatch.filing_event.v1","accession":"0001871509-25-000139","form_type":"8-K/A","ticker":"PTLO","cik":"0001871509","company_name":"Portillo's Inc.","filed_at":"2025-10-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.932428+00:00","generated_at":"2026-05-17T04:37:57.455742+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Portillo's discloses interim CEO comp ($1.2M RSU) and former CEO severance (18-month salary)","bullets":["Interim CEO Michael A. Miles, Jr. gets $60k annualized salary and $1.2M RSU vesting over one year; initial term three months.","After initial term, Miles receives $400k RSU per month, vesting on one-year anniversary subject to continued service.","Former CEO Michael Osanloo receives 18 months base salary continuation, prorated 2025 bonus, benefits, and outplacement up to $25k.","Osanloo's 2018 stock options exercisable until 10th anniversary; severance subject to two-year non-compete and consulting through Dec 20, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001871509-25-000139","json":"https://secwatch.observer/filing/0001871509-25-000139.json","markdown":"https://secwatch.observer/filing/0001871509-25-000139.md","text":"https://secwatch.observer/filing/0001871509-25-000139.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1871509/000187150925000139/0001871509-25-000139-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1871509/000187150925000139/ptlo-20250921.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:37:57.455742+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"}