El Pollo Loco (NASDAQ:LOCO) Major Shareholder Sardar Biglari Sells 13,169 Shares of Stock
MarketBeat
El Pollo Loco Holdings, Inc. (NASDAQ:LOCO - Get Free Report) major shareholder Sardar Biglari sold 13,169 shares of the stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $16.50, for a total transaction of $217,288.50. Following the sale, the insider directly owned 3,500,236 shares of the company's stock, valued at approximately $57,753,894. This represents a 0.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.
NASDAQ:LOCO
