El Pollo Loco Files DEF 14A for Annual Meeting

TL;DR

<b>El Pollo Loco Holdings, Inc. has filed its DEF 14A, detailing corporate governance and executive compensation for its annual meeting.</b>

AI Summary

El Pollo Loco Holdings, Inc. (LOCO) filed a Proxy Statement (DEF 14A) with the SEC on April 16, 2024. El Pollo Loco Holdings, Inc. filed a DEF 14A with the SEC on April 16, 2024. The filing pertains to the company's annual meeting of stockholders. The fiscal year end for El Pollo Loco is December 27. The company's principal executive offices are located at 3535 Harbor Boulevard, Suite 100, Costa Mesa, CA 92626. The filing includes information related to executive compensation and board member activities for fiscal years ending between 2019 and 2023.

Why It Matters

For investors and stakeholders tracking El Pollo Loco Holdings, Inc., this filing contains several important signals. This filing provides shareholders with crucial information regarding executive compensation packages and board member performance, enabling informed voting decisions. The DEF 14A outlines the company's governance structure and proposals to be voted on at the annual meeting, impacting shareholder rights and company direction.

Risk Assessment

Risk Level: low — El Pollo Loco Holdings, Inc. shows low risk based on this filing. The filing is a routine DEF 14A, which is standard for publicly traded companies and does not indicate any unusual financial or operational events.

Analyst Insight

Review the executive compensation details and any shareholder proposals to understand potential impacts on company strategy and shareholder value.

Key Numbers

• 2024-05-28 — Conformed Period of Report (DEF 14A)
• 2024-04-16 — Filed as of Date (DEF 14A)
• 1227 — Fiscal Year End (Company Data)
• 2023-12-27 — Most Recent Fiscal Year End (Compensation Table Data)
• 2022-12-29 — Prior Fiscal Year End (Compensation Table Data)

Key Players & Entities

• El Pollo Loco Holdings, Inc. (company) — Filer
• DEF 14A (filing) — Document Type
• 2024-04-16 (date) — Filing Date
• 3535 Harbor Boulevard, Suite 100, Costa Mesa, CA 92626 (address) — Business Address
• M. Hollandsworth (person) — Board Member
• L. Roberts (person) — Board Member
• B. Acoca (person) — Board Member
• Average Neo (person) — Board Member

FAQ

Industry Context

El Pollo Loco Holdings, Inc. operates in the restaurant industry, specifically focusing on fast-casual dining with a grilled chicken concept.

Regulatory Implications

The DEF 14A filing is a requirement under the Securities Exchange Act of 1934 for publicly traded companies to provide information to shareholders regarding annual meetings.

What Investors Should Do

1. Analyze the compensation details for named executive officers.
2. Review any proposals submitted for shareholder vote.
3. Assess the board of directors' composition and independence.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine disclosure for annual meetings and does not represent a change from previous filings of the same type.

Key Financial Figures

• $0.01 — f the Company's common stock, par value $0.01 per share, for use at the Company's ann

Filing Documents

• loco-20240528xdef14a.htm (DEF 14A) — 1838KB
• loco-20240528xdef14a_a001.jpg (GRAPHIC) — 6KB
• loco-20240528xdef14a_a002.jpg (GRAPHIC) — 25KB
• loco-20240528xdef14a_a003.jpg (GRAPHIC) — 28KB
• loco-20240528xdef14a_a004.jpg (GRAPHIC) — 28KB
• loco-20240528xdef14a_a005.jpg (GRAPHIC) — 26KB
• loco-20240528xdef14a_a006.jpg (GRAPHIC) — 35KB
• loco-20240528xdef14a_bg001.jpg (GRAPHIC) — 120KB
• loco-20240528xdef14a_bg002.jpg (GRAPHIC) — 112KB
• 0001606366-24-000020.txt (&nbsp;) — 3697KB
• loco-20240528.xsd (EX-101.SCH) — 6KB
• loco-20240528_def.xml (EX-101.DEF) — 9KB
• loco-20240528_lab.xml (EX-101.LAB) — 18KB
• loco-20240528_pre.xml (EX-101.PRE) — 9KB
• loco-20240528xdef14a_htm.xml (XML) — 267KB

Executive Compensation Tables

Executive Compensation Tables 54

Security Ownership of Certain Beneficial Owners

Security Ownership of Certain Beneficial Owners 62 Equity Compensation Plan Information 64 Certain Relationships and Related Party Transactions 65 Other Matters 69 Appendix A A-1 Appendix B B-1 Appendix C C-1 Table of Contents INTRODUCTION This proxy statement provides information for stockholders of El Pollo Loco Holdings, Inc. ("we," "us," "our," and the "Company"), in connection with the solicitation of proxies on behalf of the Company and its board of directors (the "Board") from holders of the outstanding shares of the Company's common stock, par value $0.01 per share, for use at the Company's annual meeting of stockholders to be held at 1:00 p.m. Pacific Time, on Tuesday, May 28, 2024, and at any adjournments or postponements thereof. At the annual meeting, stockholders will be asked to vote either directly or by proxy on the following matters discussed herein: 1. Election of the two director nominees named in the accompanying proxy statement as Class I directors to serve until the 2027 annual meeting of stockholders and until their respective successors are duly elected and qualified; 2. Ratification of the appointment of BDO USA, P.C., as our independent registered public accounting firm for 2024; 3. Approval of an amendment to our Certificate of Incorporation to provide for exculpation of officers; 4. Approval, on an advisory (non-binding) basis, of the compensation of our named executive officers; 5. Approval of an amendment to our Equity Incentive Plan, including an increase to the number of shares of Common Stock reserved for issuance thereunder; and 6. Transaction of such other business as may properly come before the meeting or any adjournments or postponements thereof. The Notice of Annual Meeting, this proxy statement, form of proxy, and our 2023 Annual Report on Form 10-K ("Annual Report") are being distributed to stockholders on or about April 16, 2024. These materials are also available on our website at http://inv

View Full Filing

View this DEF 14A filing on SEC EDGAR