Sardar Biglari sold $422K of LOCO stock

Sardar Biglari, 10% owner of El Pollo Loco Holdings, Inc. (LOCO), sold 25,556 shares of LOCO stock worth $422K, per an SEC Form 4 filed Oct 21, 2026.

It was an open-market sale.

The trade happened on Oct 16, 2026, 5 days before it was made public.

LOCO has moved -9.4% since the trade date, from $16.34 to $14.80 (Nov 12, 2026 close).