Early Access — free while we kick the tires
EdgarHawk

Garner Curtis E

Pres, Chief Strgy & Tech Off

Officer
11 filings analyzed · 1 company · Latest 2026-02-10

Companies

Company Buys Sells Direction
CHIPOTLE MEXICAN GRILL INC CMG 0 37 Net selling

Activity

February 2026
high
Sell
61,077 shares
$2,443,856
Significance 6/10

CMG President Curtis sold 61,077 shares for $2.4M; stock down -34.0% from 52-week high, prior CMG sells well-timed at 90d mark.

Garner Curtis E, President, Chief Strategy & Technology Officer, sold 61,077 shares at $40.01 on 2026-02-06, reducing his CMG holdings by 17.0% to 297,701 shares. The sale occurred as CMG trades at $38.44, down 34.0% from its 52-week high of $58.24 and down 4.2% over the past 30 days, despite a 22.7% gain over 90 days. Notably, Curtis's prior trade timing at CMG is strong: of his 5 prior trades at this ticker with measurable 90-day outcomes, all 3 prior sells resulted in subsequent negative 90-day returns—indicating those sales preceded stock declines. This current sale arrives at a juncture where valuation remains elevated (P/E of 32.58) despite the recent price correction, warranting attention to whether the timing of this substantial reduction reflects similar foresight relative to near-term CMG momentum.

December 2025
high
Sell
67,646 shares
$2,438,422
Significance 6/10

CMG President & CTO Curtis Garner sells 67,646 shares ($2.4M) at $36.05; stock now -45.4% from 52-week high

Curtis Garner, President, Chief Strategy & Technology Officer, sold 67,646 shares of Chipotle at $36.05 on 2025-12-12, reducing holdings by 18.5% from 366,006 to 298,360 shares. The transaction occurred as CMG trades -45.4% below its 52-week high of $66.16, though the stock has risen 15.4% over the prior 30 days. Garner's cross-ticker track record shows 20 prior sells with a 78.95% well-timed rate at the 90-day mark, and at Chipotle specifically, 3 of his 4 prior measurable sales proved well-timed (negative 90-day returns following the sale). The sale size and insider's senior operational role warrant monitoring, particularly given the meaningful reduction in his stake and the stock's depressed valuation relative to recent highs.

medium
Sell
61,892 shares
$2,145,734
Significance 6/10

CMG President & Chief Strategy Officer sold 61,892 shares ($2.1M) at $34.67; stock now down 48.4% from 52-week high.

Garner Curtis E, President and Chief Strategy Officer, sold 61,892 shares of Chipotle on 2025-12-01 at $34.67 for $2,145,733.75, reducing his holdings by 17.2%. The sale occurred when CMG is trading 48.4% below its 52-week high of $66.16, though the stock has gained 7.7% over the past 30 days. At the same-ticker level, Curtis has initiated 5 prior sells at CMG with 3 of 5 showing negative 90-day returns, indicating a 60% well-timed rate on past transactions at this ticker. His broader cross-ticker track record shows 20 prior sells with an 80.00% well-timed rate and average 90-day returns of -49.3%, suggesting a pattern of disposing shares ahead of declines. The timing of this sale near a 52-week trough merits attention given the insider's demonstrated ability to execute sells before stock deterioration, though the recent 30-day momentum (+7.7%) and Chipotle's solid fundamentals (revenue $3.0B, P/E 29.43, annual growth +14.6%) may reflect offsetting factors.

June 2025
medium
Sell
63,000 shares
$3,473,833
Significance 4/10

Garner (Pres, Chief Strgy & Tech Off) sold 63,000 CMG shares at $55.14; holdings down 15.1% to 355,482 shares.

Garner Curtis E, President and Chief Strategy & Technology Officer, sold 63,000 shares of Chipotle at $55.14 on 2025-06-25, reducing his post-transaction holdings to 355,482 shares from 418,482 shares (a 15.1% reduction). This is his second sale within three weeks—he sold 30,000 shares on 2025-06-04 as well. At his same ticker CMG, his prior 3 measurable 90-day outcomes show 0 of 3 were well-timed sells, with cumulative returns of +2.5%, -0.9%, and -0.5%. His cross-ticker track record shows 77.78% of prior sells were well-timed (average 90d return -56.7%), suggesting capacity for better timing elsewhere. Chipotle trades at $56.15 currently, up 12.1% in 30 days and 8.7% in 90 days, with a P/E of 48.41 and recent quarterly net income of $386.6M on $2.9B revenue. The clustering of two sales within three weeks warrants monitoring of whether this reflects a broader planned reduction in position.

medium
Sell
23,302 shares
$1,214,894
Significance 6/10

CMG: Garner sells 23.3K shares at $52.14; retains 418.5K; strong track record of well-timed sells (93.75%) but mixed near-term results at this ticker.

Garner Curtis E, President and Chief Strategy & Technology Officer, sold 23,302 shares of Chipotle at $52.14 on 2025-06-04 for $1,214,894.04, reducing holdings by 5.3%. Across his cross-ticker open-market history, he has executed 20 prior sells with a 93.75% well-timed rate at the 90-day mark, suggesting a pattern of selling before subsequent declines. However, his prior trades specifically at CMG show mixed outcomes: only 1 of 1 measurable prior sell was well-timed at 90 days (though sample size is extremely limited, with most recent sales not yet having 90-day results). The stock currently trades at $52.50, down 23.4% from its 52-week high of $68.55, and has gained 1.7% over 30 days and 4.5% over 90 days. Fundamental metrics show strong performance with annual revenue growth of 14.6%, a P/E of 45.26, and net income of $386.6M on $2.9B quarterly revenue. The sale occurs in the context of substantial existing holdings (418.5K shares post-transaction) and a well-established pattern of strategic exit execution at other securities.

May 2025
medium
Sell
23,134 shares
$1,176,232
Significance 4/10

Chief Customer & Technology Officer Curtis Garner sold 23,134 shares of CMG at $50.84; stock now -26.1% from 52-week high.

Garner Curtis E, Chief Customer & Technology Officer, sold 23,134 shares on 2025-05-21 at $50.84 totaling $1,176,232.04, reducing his holdings by 5.2% to 418,482 shares. The stock has since declined to $50.63, placing it -26.1% from its 52-week high of $68.55, suggesting the sale occurred near a relative peak relative to subsequent price action. Across his cross-ticker track record, the insider exhibits a 93.75% well-timed rate on 20 prior sells, with an average 90-day return of -76.4%, indicating a consistent pattern of selling before declines. At CMG specifically, his prior trade on 2024-12-09 achieved a -21.9% 90-day return (well-timed), though more recent CMG sales in March and February have not yet accumulated measurable 90-day outcomes. The company itself shows solid fundamentals with $2.9B revenue, $386.6M net income, and +14.6% annual growth, though valuation is elevated at a P/E of 43.65.

March 2025
high
Sell
20,761 shares
$1,033,261
Significance 6/10

Chief Customer & Technology Officer Garner Curtis E sells 20,761 shares ($1.0M) at $49.77 avg; stock down 28.9% from 52-week high

Garner Curtis E, Chief Customer & Technology Officer, executed 3 separate sales totaling 20,761 shares for $1,033,260.95 between March 11–13, 2025, reducing his holdings by 4.7% to 418,482 shares. The sales occurred as CMG's stock has declined 28.9% from its 52-week high of $68.55 and is down 13.3% over the prior 30 days and 24.6% over the prior 90 days. His prior trades at CMG (5 distinct transactions) show 3 of 4 measurable outcomes were well-timed at the 90-day mark, with an average 90-day return of -21.9% across the most recent three sales. His cross-ticker track record across all open-market history shows a 94.74% well-timed rate, suggesting a consistent pattern of selling before subsequent declines. The stock currently trades at $48.73, near the lower end of its 52-week range, while the company reports strong fundamentals—$2.8B quarterly revenue, +14.6% annual growth, and $387.4M net income—leaving the valuation and market headwinds as the primary context for the sales.

February 2025
medium
Sell
20,937 shares
$1,096,297
Significance 5/10

Chief Customer & Technology Officer sells 20,937 shares of CMG at $52.36; stock down 23.1% from 52-week high.

Garner Curtis E, Chief Customer & Technology Officer, sold 20,937 shares (20.9K shares) of CHIPOTLE MEXICAN GRILL INC (CMG) at $52.36 on 2025-02-25, reducing holdings by 4.8% to 418,482 shares (418.5K shares). The stock has declined 23.1% from its 52-week high of $68.55 and is down 8.8% over the past 30 days. Across his cross-ticker track record, Curtis has executed 20 prior sells with a 90-day well-timed rate of 94.12%, indicating consistent pattern of selling before subsequent declines. However, his same-ticker history at CMG shows mixed outcomes: his most recent prior three sells in December and early December 2024 each saw further declines in the 30-day window (-10.7%, -10.0%, -8.5%), but an earlier July 2024 sell advanced +9.4% in 30 days (+16.6% at 90 days), suggesting this insider's timing success does not reliably transfer to CMG specifically. The company remains fundamentally solid with $2.8B quarterly revenue, $387.4M net income, and 14.6% annual revenue growth, though the 39.95 P/E reflects elevated valuation expectations.

December 2024
high
Sell
15,750 shares
$1,013,815
Significance 6/10

CMG Chief Customer & Technology Officer Garner sold 15,750 shares for $1.0M; 3 of 4 prior CMG sales were well-timed, and stock is +10.2% in 30d despite elevated P/E of 59.48.

Garner Curtis E, Chief Customer & Technology Officer, sold 15,750 shares across two separate transactions on 2024-12-09 for a combined $1,013,814.85 at a blended average price of $64.37. This reduces his holdings by 3.6%, from 442,014 to 426,264 shares. The timing context is noteworthy: his same-ticker history shows 3 of 4 prior measured sales at CMG resulted in negative 90-day returns, indicating a pattern of well-timed exits. The stock is currently trading at $64.83, near the top of its 52-week range at -5.4% from the $68.55 high, and has rallied +10.2% over the past 30 days despite a P/E of 59.48 and strong fundamentals (14.3% annual revenue growth, $2.8B quarterly revenue). The sell-off pattern in his CMG-specific trade history provides a baseline for assessing whether this transaction aligns with his documented ability to exit before declines.

high
Sell
44,549 shares
$2,906,791
Significance 7/10

Chipotle Chief Customer & Technology Officer sold 44,549 shares ($2.9M) on 2024-12-06 at $65.25; 4 of 5 prior CMG sales were well-timed.

Garner Curtis E, Chief Customer & Technology Officer, sold 44,549 shares of CMG for $2,906,791.07 at $65.25, reducing holdings by 9.2% to 442,014 shares post-transaction. His prior CMG trading history shows exceptional timing: 4 of his 5 prior sales at this ticker were well-timed at the 90-day mark, with sales on 2024-02-09 (three tranches), 2024-02-09, and 2023-11-13 each followed by declines exceeding 97%. Only his 2024-07-29 sale deviated, posting 90d returns of +16.6%, suggesting an outlier in an otherwise consistent pattern. His cross-ticker track record demonstrates a 95.00% well-timed sell rate across 20 prior open-market sales with average 90d returns of -92.2%, indicating disciplined execution aligned with downside. CMG trades at a P/E of 60.00 with recent 90-day appreciation of +21.8%, yet remains 4.6% below its 52-week high of $68.55. This sale by a senior technology officer—a role critical to restaurant operations and digital customer experience—continues a demonstrated pattern of selling into strength and ahead of pullbacks.

Related insiders

Create a free account

Build watchlists, get email alerts on the tickers you follow, and read the full AI analysis on every insider filing.

Sign up — free during early access