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PTLO 10-Q: Cfo change

Filed with the SEC on · accession 0001871509-26-000071

PTLO filed a 10-Q (quarterly report) with the SEC on Nov 5, 2026. Portillo's Inc. offered Kevin Kalicak the position of Chief Financial Officer, with an anticipated start date of September 7, 2026.

Summary of the filing

Portillo's Inc. offered Kevin Kalicak the position of Chief Financial Officer, with an anticipated start date of September 7, 2026. The offer includes a $500,000 base salary, a 75% target annual bonus, a $100,000 sign-on cash award, an $825,000 sign-on RSU grant, and a $750,000 target annual equity award.

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Key details

Base salary$500K
Target annual cash incentive bonus (75% of base salary)$375K
Guaranteed 2026 incentive bonus sign-on payment$188K
One-time sign-on cash award$100K
Sign-on inducement equity grant (RSUs)$825K
Target annual long-term incentive award$750K
Relocation assistance (grossed-up)$100K
IssuerPortillo's Inc.
SubsidiaryPortillo's Hot Dogs, LLC
Chief financial officer (incoming)Kevin Kalicak

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Frequently asked questions

What did PTLO file with the SEC on Nov 5, 2026?

PTLO filed a 10-Q (Cfo change). Portillo's Inc. offered Kevin Kalicak the position of Chief Financial Officer, with an anticipated start date of September 7, 2026. The offer includes a $500,000 base salary, a 75% target annual bonus, a $100,000 sign-on cash award, an $825,000 sign-on RSU grant, and a $750,000 target annual equity award.

What does a cfo change mean for PTLO stock?

Not always. A planned retirement with a successor is usually calm; a sudden departure “effective immediately”, especially of a CFO or near results, often worries investors.

How do I read a 10-Q?

The quarterly report: unaudited results for the quarter plus management’s comments. Compare revenue, margins and cash flow with the same quarter last year. Check MD&A for guidance changes and what drove the quarter.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 10-Q (quarterly report): The quarterly report: unaudited results for the quarter plus management’s comments.

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