Portillo's Inc. Reports on Security Holder Vote

TL;DR

Portillo's had a shareholder vote on June 3rd, details to follow.

AI Summary

Portillo's Inc. filed an 8-K on June 5, 2024, reporting on a matter submitted to a vote of its security holders on June 3, 2024. The filing does not specify the details of the vote or the outcome, but it is a required disclosure for significant corporate events.

Why It Matters

This filing indicates a formal decision-making process involving Portillo's Inc. shareholders, which could have implications for the company's future direction or governance.

Risk Assessment

Risk Level: low — The filing is a procedural disclosure of a shareholder vote without immediate financial or operational impact disclosed.

Key Players & Entities

• Portillo's Inc. (company) — Registrant
• June 3, 2024 (date) — Date of earliest event reported
• June 5, 2024 (date) — Date of report

FAQ

Key Financial Figures

• $0.01 — which registered Class A Common Stock, $0.01 par value per share PTLO Nasdaq Global

Filing Documents

• ptlo-20240603.htm (8-K) — 42KB
• ptlo-20240603_g1.jpg (GRAPHIC) — 9KB
• 0001871509-24-000091.txt ( ) — 191KB
• ptlo-20240603.xsd (EX-101.SCH) — 2KB
• ptlo-20240603_lab.xml (EX-101.LAB) — 22KB
• ptlo-20240603_pre.xml (EX-101.PRE) — 13KB
• ptlo-20240603_htm.xml (XML) — 3KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. On June 3, 2024, Portillo's Inc. (NASDAQ:PTLO) (the "Company") held its 2024 Annual Meeting of Shareholders (the "Annual Meeting"). At the close of business o n April 4, 2024, the record date for determination of shareholders entitled to vote at the Annual Meeting, there were 61,561,592 s hares of Class A common stock outstanding and entitled to vote a nd 11,640,555 shares of Class B common stock outstanding and entitled to vote. At the Annual Meeting, the Company's shareholders (i) elected seven directors to serve until the Company's next annual meeting in 2025, or until their successors have been duly elected and qualified; (ii) approved, on an advisory basis, the compensation of the Company's Named Executive Officers; (iii) voted "One Year", on an advisory basis, for the frequency of the advisory vote on executive compensation; and (iv) ratified the appointment of Deloitte & Touche LLP as the Company's independent auditor for fiscal year 2024. The final results are as follows: Director Election Proposal For Withhold Broker Non-Votes Michael Osanloo 51,290,496 775,330 10,770,238 Ann Bordelon 51,243,382 822,444 10,770,238 Paulette R. Dodson 50,326,896 1,738,930 10,770,238 Noah Glass 51,300,668 765,158 10,770,238 Gerard J. Hart 51,270,787 795,039 10,770,238 Joshua A. Lutzker 46,626,106 5,147,620 11,062,338 Michael A. Miles Jr. 49,976,047 1,797,679 11,062,338 Say on Pay Proposal For Against Abstain Broker Non-Votes Ratification of the approval, on an advisory basis, of the compensation for our NEOs 49,673,399 2,267,324 125,103 10,770,238 Say on Frequency of Pay Proposal One Year Two Year Three Year Abstain Broker Non-Votes Advisory Vote on Frequency of Future Advisory Votes on Executive Compensation 51,050,470 204,461 685,246 125,650 10,770,238 Based on the results of the vote, and consistent with the recommendation of the Company's board of directors, the Company has determined to

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized. Portillo's Inc. (Registrant) Date: June 5, 2024 By: /s/ Kelly M. Kaiser Kelly M. Kaiser General Counsel and Secretary

View Full Filing

View this 8-K filing on SEC EDGAR