Portillos Inc
For the period ended Mar 30, 2025. Filed May 6, 2025.
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Mar 30, 2025 · Filed May 6, 2025
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Item 5. Other Information
(c) Rule 10b5-1 and non-Rule 10b5-1 Trading Arrangements
During the quarter ended March 30, 2025, the following director of the Company adopted a "Rule 10b5-1 trading arrangement" as defined in Item 408(a) of Regulation S-K:
| Name/ Title | Type of Plan | Original Adoption Date | Termination Date | Aggregate Number of Securities to be Sold | Plan Description | |
|---|---|---|---|---|---|---|
| Gerard J. Hart, Director | 10b5-1 Trading Plan | March 14, 2025 | March 13, 2026 | (a) | Up to 29,821 | Exercise of options and sale of resulting shares |
(a) The trading arrangement is intended to satisfy the affirmative defense of Rule 10b5-1(c) and provides for the potential of sale of up to an aggregate of 29,821 shares of the Company's common stock until the earlier of (1) March 13, 2026 or (2) the date on which all such shares have been sold under the plan.
Other than as disclosed above, no director or officer of the Company adopted, amended, orterminated a "Rule 10b5-1 trading arrangement" or "non-Rule 10b5-1 trading arrangement", as each term is defined in Item 408 of Regulation S-K during the quarter ended March 30, 2025.
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