Insider Trends: Insider at El Pollo Loco Holdings Tax Sale Continues 90-Day Selling Trend
07:55 PM EDT, 05/10/2021 (MT Newswires) -- Bernard Acoca, Director and President & CEO, sold 7,406 shares of El Pollo Loco Holdings (LOCO) for approximately $131,457 to meet tax obligations on May 06, 2021. Acoca, after the transactions disclosed in the SEC Form 4 filing, owns 251,290 shares of the company, which have a market value of $4.46 million as of the prior-day closing price.
Over the last 90 days, prior to the date of this filing, there have been 4 insider transactions reported to the SEC for El Pollo Loco Holdings. These transactions came from the activities of 2 separate insiders that resulted in a net disposition of 8,615 company shares. This compares with the preceding 90-day window of time where there are no insider transactions for the company.
This is a lower level of transactions than the peer group average in the 40-company Restaurants & Bars peer group over the last 90-day period. Peer group activity averaged 94.3 transactions per company, and disposition of 2,539 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1606366/000141588921002400/xslF345X03/form4-05102021_040528.xml
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