Chipotle Mexican Grill (CMG) insider buying and selling
Every Table I transaction reported by directors and officers of S&P 500 companies on SEC Form 4 filings (2 business days to file): each row labeled with its official transaction code, nothing filtered out beforehand.
Open-market purchases (code P) are the rare signal, in green; sales (code S) are common and often pre-scheduled (10b5-1). Table II (derivatives) is not included: its prices are exercise prices, not market values. Guide: insider buying.
| Date | Ticker | Insider | Role | Shares | Price | Amount | % of stake | Type / filing |
|---|
Download these transactions as CSV No account, no sign-up. The data is public: it comes from SEC Form 4 filings.
Chipotle Mexican Grill, Inc. (CMG) insider buying and selling: no purchases, 6 sales
61 Form 4 Table I transactions filed with the SEC by Chipotle Mexican Grill, Inc. insiders between 2025-08-26 and 2026-10-01 (15-month history): 0 open-market purchases and 6 sales, plus 55 transactions under other Form 4 codes, broken down one by one below. The largest open-market trade is a sale of $2.4M by Garner Curtis E on 2026-02-06.
Chipotle Mexican Grill insider buying and selling over the last 12 months
Between Oct 21, 2025 and Oct 20, 2026, Chipotle Mexican Grill insiders filed 5 sales worth $7.2M on the open market, and no purchases.
The biggest seller was Garner Curtis E (Pres, Chief Strgy & Tech Off): $7.0M in 3 sales, out of 3 different sellers.
The largest trade of the period was a sale of $2.4M on Feb 6, 2026, by Garner Curtis E (Pres, Chief Strgy & Tech Off). Form 4 on sec.gov (0001058090-26-000013).
None of the 5 sales carries the 10b5-1 plan flag on the Form 4 (sales scheduled months ahead).
The last three months show 1 sale, against 0 in the three before. The latest sale from Aug 21, 2026.
Against its sector (Consumer Cyclical, 54 companies with an insider page on this site), over the same dates the median is 9 sales and 0 purchases on the open market. Chipotle Mexican Grill has more sales than 16 of the other 53, ranks 36 of 54 by net dollars sold, and 18 of the 54 have at least one purchase.
The 20 most important trades
With no open-market purchases, the table starts with CMG's sales, largest first. The full history is in the tool above, already searched.
See all 61 CMG trades in the full history →
| Trade date | Filed | Insider | Role | Amount | Code | Filing |
|---|---|---|---|---|---|---|
| 2026-02-06 | 2026-02-10 | Garner Curtis E | Pres, Chief Strgy & Tech Off | $2.4M | S — Open-market saleForm 4 footnoteF2 Reflects a weighted-average price. Actual sales prices ranged from $39.96 to $40.07 per share. For each transaction on this Form 4 that is reported at a weighted average price, the reporting person undertakes to furnish to the issuer, any requesting shareholder of the issuer, or the staff of the Securities and Exchange Commission complete information regarding the number of shares sold at each separate price. | SEC |
| 2025-12-12 | 2025-12-12 | Garner Curtis E | Pres, Chief Strgy & Tech Off | $2.4M | S — Open-market saleForm 4 footnoteF2 Reflects a weighted-average price. Actual sales prices ranged from $35.955 to $36.12 per share. For each transaction on this Form 4 that is reported at a weighted average price, the reporting person undertakes to furnish to the issuer, any requesting shareholder of the issuer, or the staff of the Securities and Exchange Commission complete information regarding the number of shares sold at each separate price. | SEC |
| 2025-12-01 | 2025-12-02 | Garner Curtis E | Pres, Chief Strgy & Tech Off | $2.1M | S — Open-market saleForm 4 footnoteF2 Reflects a weighted-average price. Actual sales prices ranged from $34.62 to $34.845 per share. The reporting person undertakes to furnish to the issuer, any requesting shareholder of the issuer, or the staff of the Securities and Exchange Commission complete information regarding the number of shares sold at each separate price. | SEC |
| 2025-08-25 | 2025-08-26 | Eskenazi Ilene | Chief Human Resources Officer | $1.1M | S — Open-market saleForm 4 footnoteF2 Reflects a weighted-average price. Actual sales prices ranged from $43.11 to $43.18 per share. For each transaction on this Form 4 that is reported at a weighted average price, the reporting person undertakes to furnish to the issuer, any requesting shareholder of the issuer, or the staff of the Securities and Exchange Commission complete information regarding the number of shares sold at each separate price. | SEC |
| 2026-02-24 | 2026-02-25 | Filikrushel Patricia | Director | $123k | S — Open-market sale | SEC |
| 2026-08-21 | 2026-08-24 | Bush Matthew R | Controller, PAO | $96k | S — Open-market saleForm 4 footnoteF1 Includes 284 shares acquired under Chipotle's Employee Stock Purchase Plan in transactions that were exempt under Rule 16b-3(c). | SEC |
| 2026-02-15 | 2026-02-17 | Garner Curtis E | Pres, Chief Strgy & Tech Off | $4.8M | F — Tax withholding (shares surrendered for taxes)Form 4 footnoteF2 Consists of shares of common stock retained by Chipotle to satisfy the reporting person's tax obligation in connection with the vesting of a PSU awarded in 2023. | SEC |
| 2026-02-15 | 2026-02-17 | Boatwright Scott | Chief Executive Officer | $4.3M | F — Tax withholding (shares surrendered for taxes)Form 4 footnoteF2 Consists of shares of common stock retained by Chipotle to satisfy the reporting person's tax obligation in connection with the vesting of a PSU awarded in 2023. | SEC |
| 2025-08-22 | 2025-08-26 | Boatwright Scott | Chief Executive Officer | $3.5M | F — Tax withholding (shares surrendered for taxes)Form 4 footnoteF1 Consists of shares of common stock retained by Chipotle to satisfy the reporting person's payment obligation upon the vesting of a restricted stock unit. | SEC |
| 2025-08-22 | 2025-08-26 | Brandt Christopher W | President, Chief Brand Officer | $1.8M | F — Tax withholding (shares surrendered for taxes)Form 4 footnoteF1 Consists of shares of common stock retained by Chipotle to satisfy the reporting person's payment obligation upon the vesting of a restricted stock unit. | SEC |
| 2025-08-22 | 2025-08-26 | Garner Curtis E | Pres, Chief Strgy & Tech Off | $1.8M | F — Tax withholding (shares surrendered for taxes)Form 4 footnoteF1 Consists of shares of common stock retained by Chipotle to satisfy the reporting person's payment obligation upon vesting of a restricted stock unit. | SEC |
| 2026-02-15 | 2026-02-17 | Schalow Laurie | Chief Corp Affairs Officer | $1.3M | F — Tax withholding (shares surrendered for taxes)Form 4 footnoteF2 Consists of shares of common stock retained by Chipotle to satisfy the reporting person's tax obligation in connection with the vesting of a PSU awarded in 2023. | SEC |
| 2025-08-22 | 2025-08-26 | Theodoredis Roger E | Chief Legal Officer & GC | $1.3M | F — Tax withholding (shares surrendered for taxes)Form 4 footnoteF1 Consists of shares of common stock retained by Chipotle to satisfy the reporting person's payment obligation upon vesting of a restricted stock unit. | SEC |
| 2025-08-22 | 2025-08-26 | Schalow Laurie | Chief Corp Affairs, Food Sft | $1.3M | F — Tax withholding (shares surrendered for taxes)Form 4 footnoteF1 Consists of shares of common stock retained by Chipotle to satisfy the reporting person's payment obligation upon vesting of a restricted stock unit. | SEC |
| 2025-08-22 | 2025-08-26 | Eskenazi Ilene | Chief Human Resources Officer | $1.3M | F — Tax withholding (shares surrendered for taxes)Form 4 footnoteF1 Consists of shares of common stock retained by Chipotle to satisfy the reporting person's payment obligation upon vesting of a restricted stock unit. | SEC |
| 2025-12-12 | 2025-12-12 | Garner Curtis E | Pres, Chief Strgy & Tech Off | $1.2M | F — Tax withholding (shares surrendered for taxes)Form 4 footnoteF1 Consists of shares of common stock retained by Chipotle to satisfy the reporting person's payment obligation upon exercise of the stock only stock appreciation right (SOSAR). | SEC |
| 2025-12-12 | 2025-12-12 | Garner Curtis E | Pres, Chief Strgy & Tech Off | $1.2M | M — Option exercise | SEC |
| 2026-08-22 | 2026-08-25 | Boatwright Scott | Chief Executive Officer | $1.1M | F — Tax withholding (shares surrendered for taxes)Form 4 footnoteF1 Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award. | SEC |
| 2025-12-01 | 2025-12-02 | Garner Curtis E | Pres, Chief Strgy & Tech Off | $1.1M | M — Option exercise | SEC |
| 2025-12-01 | 2025-12-02 | Garner Curtis E | Pres, Chief Strgy & Tech Off | $1.1M | F — Tax withholding (shares surrendered for taxes)Form 4 footnoteF1 Consists of shares of common stock retained by Chipotle to satisfy the reporting person's payment obligation upon exercise of the stock only stock appreciation right (SOSAR). | SEC |
The period balance: money in, money out
In the Form 4 filings submitted between Aug 26, 2025 and Oct 1, 2026 there is not one open-market purchase of Chipotle Mexican Grill, Inc.: 6 sales worth $8.4M and zero dollars bought.
Only codes P and S count, where an insider puts in or takes out their own money. A selling balance like Chipotle Mexican Grill, Inc.'s is the norm in the S&P 500, where much of the pay comes as stock. It is not a recommendation to buy or sell: it is what was filed.
Every transaction, code by code
| Code | What it means | Trades | Reported amount |
|---|---|---|---|
| F | Tax withholding (shares surrendered for taxes) | 27 | $30.2M |
| A | Grant or award | 22 | $4.4M |
| S | Open-market sale | 6 | $8.4M |
| M | Option exercise | 3 | $3.3M |
| J | Other transaction (explained in the filing) | 2 | $0 |
| G | Gift | 1 | $0 |
| Total | Everything filed in the period | 61 | $46.3M |
10 of the 61 rows carry no usable amount on the Form 4: they count as trades and add $0. The code labels come from the SEC index.
Who has traded
Over the 15 months of history, 21 distinct people or entities have filed Chipotle Mexican Grill, Inc. transactions: none bought on the open market and 4 sold. Counted by CIK, the fixed number the SEC gives each filer, and not by name, which each filer types their own way.
| Filer | Role | Transactions | Bought (count) | Sold (count) | Last filed |
|---|---|---|---|---|---|
| Garner Curtis E | Pres, Chief Strgy & Tech Off | 14 | — | $7.0M (3) | 2026-08-25 |
| Eskenazi Ilene | Chief Legal and HR Officer | 5 | — | $1.1M (1) | 2026-08-25 |
| Filikrushel Patricia | Director | 2 | — | $123k (1) | 2026-06-12 |
| Bush Matthew R | Controller, PAO | 6 | — | $96k (1) | 2026-08-24 |
| Schalow Laurie | Chief Corp Affairs Officer | 6 | — | — | 2026-08-25 |
| Boatwright Scott | Chief Executive Officer | 5 | — | — | 2026-08-25 |
| Rymer Adam T | Chief Financial Officer | 5 | — | — | 2026-10-01 |
| Baldocchi Albert S | Director | 4 | — | — | 2026-06-12 |
Shown here are the 8 who moved the most money, out of 21. The rest are in the full history, one link above. The name links to all their trades, in any company. "Transactions" counts any code; the money, open market only. Role: from their latest filing.
Month by month
By the month the trade was executed, not the month it was filed; months with no trades show zero. The busiest month was Dec 2025: 0 purchases and 2 sales, worth $4.6M. 11 of the 15 months have none.
| Month | Purchases | Amount | Sales | Amount |
|---|---|---|---|---|
| Aug 2025 | 0 | $0 | 1 | $1.1M |
| Sep 2025 | 0 | $0 | 0 | $0 |
| Oct 2025 | 0 | $0 | 0 | $0 |
| Nov 2025 | 0 | $0 | 0 | $0 |
| Dec 2025 | 0 | $0 | 2 | $4.6M |
| Jan 2026 | 0 | $0 | 0 | $0 |
| Feb 2026 | 0 | $0 | 2 | $2.6M |
| Mar 2026 | 0 | $0 | 0 | $0 |
| Apr 2026 | 0 | $0 | 0 | $0 |
| May 2026 | 0 | $0 | 0 | $0 |
| Jun 2026 | 0 | $0 | 0 | $0 |
| Jul 2026 | 0 | $0 | 0 | $0 |
| Aug 2026 | 0 | $0 | 1 | $96k |
| Sep 2026 | 0 | $0 | 0 | $0 |
| Oct 2026 | 0 | $0 | 0 | $0 |
The last month may be partial: a Form 4 is filed up to two business days later. The table does not say whether the pattern is good or bad; it says when it happened.
Chipotle Mexican Grill, Inc. (CMG) analysis page →
Other Consumer Cyclical companies with insider trades
All 500 are listed in the section index →
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How to read this data
None of the 6 sales in the table is flagged as scheduled (10b5-1 plan), the kind signed months ahead and executed automatically. Chipotle Mexican Grill has no open-market purchase (code P) in the history, the most common case in the S&P 500: insiders are already paid in stock. The latest filing is from Oct 1, 2026, and a Form 4 arrives up to two business days after the trade.
17 of the 20 rows in the table carry footnotes from the Form 4 itself, folded into the code column and copied verbatim; a row with no footnote means the filing has none.
Guide: Insider buying · all guides
What is behind these trades
The concepts on this page, explained from scratch in the Academy. Free, no account.
- What the efficiency hypothesis says and what it does NOT sayIf an insider's purchase is public and anyone can read it, is there any information left in it? That is the exact question that brings people here.
- Who really moves the market: the types of investorWho sits on the other side of each order, and where a company's own insiders fit among them.
- Supply, demand and price: why it rises and falls constantlyHow a piece of news ends up inside the price, and why the reaction to a filed sale is rarely the one you would expect.
Source: SEC EDGAR Form 4. This is a list of public facts, not financial advice or a recommendation to buy or sell.