secwatch.observer — SEC 8-K summary
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Issuer:     Portillo's Inc. (PTLO)
CIK:        0001871509
Form:       8-K
Filed at:   2026-08-04T12:01:41+00:00
Accession:  0001871509-26-000046
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Portillo's appoints Kevin Kalicak as CFO, effective Sept 7, 2026
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- Kalicak joins from Darden Restaurants, most recently SVP of Finance for Olive Garden (900+ restaurants, $5B sales).
- Compensation: $500K base salary, 75% target bonus, $750K LTIP target, $100K sign-on cash, $187.5K guaranteed 2026 incentive.
- One-time sign-on RSU award of $825K (3-year vest) and relocation reimbursement up to $100K.
- He succeeds interim CFO Pamela Smith, who served since May 20, 2026.
- Kalicak will oversee finance, accounting, IR, supply chain, and other corporate functions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1871509/000187150926000046/0001871509-26-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1871509/000187150926000046/ptlo-20260803.htm
  HTML page:      https://secwatch.observer/filing/0001871509-26-000046

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