Wingstop (WING) director Hislop amends Form 4 to correct 1,131-share grant
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
HISLOP MICHAEL J reported acquisition or exercise transactions in this Form 4 filing.
Wingstop Inc. director Michael J. Hislop reported an amended equity grant and updated holdings. On May 21, 2026, he was granted 1,131 shares of restricted common stock under the Wingstop Inc. 2024 Omnibus Incentive Plan, at no cash cost. The restricted stock will vest in full on the first anniversary of the grant date, and includes unvested shares that could be forfeited if his board service ends. After this grant, Hislop directly holds 2,444 common shares and is also a co-trustee of The Hislop Revocable Trust, which holds 12,844 shares for an immediate family member, with beneficial ownership disclaimed except for any pecuniary interest. The amendment corrects the number of restricted shares previously reported as granted and beneficially owned on that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
HISLOP MICHAEL J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 1,131 | $0.00 | -- |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 2,444 shares (Direct, null);
Common Stock, par value $0.01 per share — 12,844 shares (Indirect, By The Hislop Revocable Trust u/a/d 12/19/1997)
Footnotes (1)
- On May 21, 2026, the Reporting Person was granted 1,131 shares of restricted stock pursuant to the Wingstop Inc. 2024 Omnibus Incentive Plan. The restricted stock will vest in full on the first anniversary of the date of grant. This amendment is being filed to correct the number of shares of restricted stock reported as granted to and beneficially owned by the Reporting Person on May 21, 2026. Includes unvested shares of restricted stock that would be forfeited upon the Reporting Person's termination of service on the Issuer's Board of Directors. The Reporting Person is a co-trustee of The Hislop Revocable Trust u/a/d 12/19/1997 (the "Trust"), the beneficiary of which is a member of the reporting person's immediate family. As such, the Reporting Person may be deemed to beneficially own all of the shares held by the Trust; however, the Reporting Person disclaims beneficial ownership of the shares held by the Trust except to the extent of his pecuniary interest therein.
Key Figures
Restricted stock grant: 1,131 shares
Grant price per share: $0.00 per share
Direct holdings after grant: 2,444 shares
+2 more
5 metrics
Restricted stock grant
1,131 shares
Granted May 21, 2026 under 2024 Omnibus Incentive Plan
Grant price per share
$0.00 per share
Restricted stock award, no cash consideration
Direct holdings after grant
2,444 shares
Common stock held directly following reported transactions
Indirect trust holdings
12,844 shares
Held by The Hislop Revocable Trust for an immediate family member
Vesting schedule
1-year cliff vest
Restricted stock vests in full on first anniversary of grant
Key Terms
restricted stock, 2024 Omnibus Incentive Plan, vest in full, beneficially own, +1 more
5 terms
restricted stock financial
"the Reporting Person was granted 1,131 shares of restricted stock pursuant to the Wingstop Inc. 2024 Omnibus Incentive Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2024 Omnibus Incentive Plan financial
"granted 1,131 shares of restricted stock pursuant to the Wingstop Inc. 2024 Omnibus Incentive Plan"
vest in full financial
"The restricted stock will vest in full on the first anniversary of the date of grant"
beneficially own financial
"the Reporting Person may be deemed to beneficially own all of the shares held by the Trust"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
pecuniary interest financial
"the Reporting Person disclaims beneficial ownership of the shares held by the Trust except to the extent of his pecuniary interest therein"
FAQ
What insider transaction did Wingstop (WING) director Michael Hislop report?
Wingstop director Michael J. Hislop reported an amended equity award of 1,131 restricted common shares granted on May 21, 2026. The filing also updates his direct and indirect holdings, including shares held through The Hislop Revocable Trust for an immediate family member.
Why is this Wingstop (WING) Form 4/A filing labeled as an amendment?
This Form 4/A is an amendment because it corrects the number of restricted Wingstop shares previously reported as granted and beneficially owned on May 21, 2026. The updated figures align the reported grant amount and holdings with the actual award terms.