Schalow (CMG Chief Corp Affairs) sold 21.2K shares for $1.4M across 2 sales on Dec 10-11
Laurie Schalow, Chief of Corporate Affairs at Chipotle, executed 2 separate sales totaling 21,250 shares for $1,383,995.73 at an average price of $65.13 on December 10–11. This represents an 11.2% reduction in her holdings from 190,196 to 168,946 shares. The stock has appreciated 9.4% over the prior 30 days and 17.9% over 90 days, trading 3.5% below its 52-week high of $68.55. Given the stock's strong recent momentum and Chipotle's solid fundamentals (annual revenue growth of 14.3%, net income of $387.4M), the context does not point to an execution-driven portfolio adjustment but rather reflects a material reduction in a senior executive's stake at elevated valuations relative to recent trading ranges.