Wingstop (WING) director Kate Lavelle receives 981-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lavelle Kate S reported acquisition or exercise transactions in this Form 4 filing.
Wingstop Inc. director Kate S. Lavelle received a grant of 981 shares of restricted common stock on May 21, 2026. The award was made under the Wingstop Inc. 2024 Omnibus Incentive Plan and will vest in full on the first anniversary of the grant date.
Following this grant, Lavelle directly holds 5,295 shares of Wingstop common stock, which includes unvested restricted shares that could be forfeited if her service on the Board of Directors ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lavelle Kate S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 981 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 5,295 shares (Direct, null)
Footnotes (1)
- On May 21, 2026, the Reporting Person was granted 981 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. 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.
Key Figures
Restricted shares granted: 981 shares
Shares held after grant: 5,295 shares
Par value per share: $0.01 per share
3 metrics
Restricted shares granted
981 shares
Restricted stock grant on May 21, 2026
Shares held after grant
5,295 shares
Direct Wingstop common stock holdings following transaction
Par value per share
$0.01 per share
Common Stock, par value $0.01 per share
Key Terms
restricted stock, Wingstop Inc. 2024 Omnibus Incentive Plan, vest in full, Board of Directors
4 terms
restricted stock financial
"the Reporting Person was granted 981 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.
Wingstop Inc. 2024 Omnibus Incentive Plan financial
"granted 981 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"
Board of Directors financial
"would be forfeited upon the Reporting Person's termination of service on the Issuer's Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What insider transaction did Wingstop (WING) director Kate S. Lavelle report?
Kate S. Lavelle reported receiving a grant of 981 shares of restricted Wingstop common stock. The grant is a compensation-related award, not an open-market purchase, and was issued under the Wingstop Inc. 2024 Omnibus Incentive Plan.
What is the nature of the Wingstop (WING) stock grant to director Kate S. Lavelle?
The transaction is a grant or award acquisition of 981 restricted shares, coded as “A” on Form 4. It reflects equity-based director compensation granted at no purchase price, rather than a discretionary open-market stock purchase by the director.
Under which plan was Kate S. Lavelle’s Wingstop (WING) restricted stock granted?
The 981 restricted shares were granted under the Wingstop Inc. 2024 Omnibus Incentive Plan. This plan authorizes equity awards like restricted stock to directors and other participants, aligning their interests with the company’s long-term performance.