[144] Wingstop Inc SEC Filing

Rhea-AI Filing Summary

Form 4 filing for CCC Intelligent Solutions Holdings Inc. (CCCS) details Chief Accounting Officer Rodney Christo’s equity activity on 30-31 Jul 2025.

• RSU settlement: 7,500 Restricted Stock Units converted to common shares on 7/30/25 (code M) at a stated price of $9.78.
• Tax withholding: 2,198 shares immediately forfeited for taxes (code F) at $9.78.
• Open-market sale: remaining 5,302 shares sold on 7/31/25 (code S) at $9.76, leaving 0 directly held shares.
• Ongoing ownership: 135,642 shares still held indirectly via trust.

The transactions net the officer no direct common stock while maintaining a sizeable indirect position. No derivatives remain after the RSU settlement. The activity may signal personal liquidity needs or portfolio diversification rather than a change in long-term conviction, but investors often view complete disposal of direct holdings by a senior finance executive as a modestly bearish indicator.

Insights

Securities Analyst

TL;DR: Officer sold entire direct stake after RSU vest, modestly negative signal despite large indirect holding.

The filing shows Christo exercised 7,500 RSUs, withheld 2,198 shares for taxes, then sold the remaining 5,302 shares the next day, crystallising roughly $51.7k in gross proceeds. Direct ownership drops to zero, reducing near-term alignment with public shareholders. While 135.6k shares remain in a trust (likely long-term estate planning), indirect holdings are typically less liquid and can lessen perceived signalling value. The size of the sale is small (<0.1% of float) and unlikely to be market-moving, yet full disposal by the Chief Accounting Officer can fuel short-term caution.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	11938	4421109.34	27923753	08/01/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/01/2025	Stock Option Exercise	Issuer			1204	08/01/2025	Cash
Common	03/09/2024	Restricted Stock	Issuer			2846	03/09/2024	Not Applicable
Common	12/28/2023	Employee Stock Purchase Plan	Issuer			197	12/28/2023	Cash
Common	02/20/2024	Performance Shares	Issuer			7691	02/20/2024	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many CCCS shares did Rodney Christo sell?

He disposed of 5,302 shares on 31 Jul 2025 at $9.76 each after withholding 2,198 shares for taxes.

What is Christo's remaining stake in CCC Intelligent Solutions (CCCS)?

Direct holding is now 0 shares; an indirect trust retains 135,642 shares.

What was the source of the shares sold by the CFO?

They originated from the settlement of 7,500 Restricted Stock Units that vested on 30 Jul 2025.

Did the officer exercise any options or other derivatives?

No options were exercised; only RSUs were settled, and no derivative securities remain outstanding.

Is the transaction part of a Rule 10b5-1 trading plan?

The Form 4 does not mark the 10b5-1 checkbox, so these appear to be discretionary transactions.