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    <headerData>
        <submissionType>144</submissionType>
        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001772380</cik>
                    <ccc>XXXXXXXX</ccc>
                </filerCredentials>
            </filer>
            <liveTestFlag>LIVE</liveTestFlag>



        </filerInfo>
    </headerData>
    <formData>
        <issuerInfo>
            <issuerCik>0001058090</issuerCik>
            <issuerName>CHIPOTLE MEXICAN GRILL INC.</issuerName>
            <secFileNumber>001-32731</secFileNumber>
            <issuerAddress>
                <ns2:street1>610 NEWPORT CENTER DRIVE, SUITE 1100</ns2:street1>
                <ns2:city>NEWPORT BEACH</ns2:city>
                <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                <ns2:zipCode>92660</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>949-524-4000</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>LAURIE SCHALOW</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Officer</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>38th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>3658</noOfUnitsSold>
            <aggregateMarketValue>7560103.32</aggregateMarketValue>
            <noOfUnitsOutstanding>27589840</noOfUnitsOutstanding>
            <approxSaleDate>05/01/2023</approxSaleDate>
            <securitiesExchangeName>NYSE</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>02/10/2022</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted Stock</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>1055</amountOfSecuritiesAcquired>
            <paymentDate>02/10/2022</paymentDate>
            <natureOfPayment>None</natureOfPayment>
        </securitiesToBeSold>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>12/31/2021</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted Stock</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>324</amountOfSecuritiesAcquired>
            <paymentDate>12/31/2021</paymentDate>
            <natureOfPayment>None</natureOfPayment>
        </securitiesToBeSold>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>05/01/2023</acquiredDate>
            <natureOfAcquisitionTransaction>SAR</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>689</amountOfSecuritiesAcquired>
            <paymentDate>05/01/2023</paymentDate>
            <natureOfPayment>Cash</natureOfPayment>
        </securitiesToBeSold>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>02/08/2022</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted Stock</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>472</amountOfSecuritiesAcquired>
            <paymentDate>02/08/2022</paymentDate>
            <natureOfPayment>None</natureOfPayment>
        </securitiesToBeSold>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>05/01/2023</acquiredDate>
            <natureOfAcquisitionTransaction>SAR</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>974</amountOfSecuritiesAcquired>
            <paymentDate>05/01/2023</paymentDate>
            <natureOfPayment>Cash</natureOfPayment>
        </securitiesToBeSold>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>05/01/2023</acquiredDate>
            <natureOfAcquisitionTransaction>SAR</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>144</amountOfSecuritiesAcquired>
            <paymentDate>05/01/2023</paymentDate>
            <natureOfPayment>Cash</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <noticeSignature>
            <noticeDate>05/01/2023</noticeDate>
            <planAdoptionDates/>
            <signature>/s/ Laurie Ann Schalow</signature>
        </noticeSignature>
    </formData>
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144
0001772380
XXXXXXXX
LIVE
0001058090
CHIPOTLE MEXICAN GRILL INC.
001-32731
610 NEWPORT CENTER DRIVE, SUITE 1100
NEWPORT BEACH
CA
92660
949-524-4000
LAURIE SCHALOW
Officer
Common
Morgan Stanley Smith Barney LLC
1 New York Plaza
38th Floor
New York
NY
10004
3658
7560103.32
27589840
05/01/2023
NYSE
Common
02/10/2022
Restricted Stock
Issuer
N
1055
02/10/2022
None
Common
12/31/2021
Restricted Stock
Issuer
N
324
12/31/2021
None
Common
05/01/2023
SAR
Issuer
N
689
05/01/2023
Cash
Common
02/08/2022
Restricted Stock
Issuer
N
472
02/08/2022
None
Common
05/01/2023
SAR
Issuer
N
974
05/01/2023
Cash
Common
05/01/2023
SAR
Issuer
N
144
05/01/2023
Cash
Y
05/01/2023
/s/ Laurie Ann Schalow