Wingstop director granted 981 restricted shares
HISLOP MICHAEL J reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
HISLOP MICHAEL J reported acquisition or exercise transactions in this Form 4 filing.
Wingstop Inc. director Michael J. Hislop received a grant of 981 shares of restricted common stock on May 21, 2026 under the Wingstop Inc. 2024 Omnibus Incentive Plan. The restricted stock will vest in full on the first anniversary of the grant date and was awarded at no cash cost.
After this grant, Hislop holds 2,294 shares of Wingstop common stock directly, plus 12,844 shares indirectly through The Hislop Revocable Trust, where he serves as co-trustee. He may be deemed to beneficially own the trust shares but disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 981 shares
Grant/Award
2 txns
Insider
HISLOP MICHAEL J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 981 | $0.00 | $0.00 |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 2,294 shares (Direct);
Common Stock, par value $0.01 per share — 12,844 shares (Indirect, By The Hislop Revocable Trust u/a/d 12/19/1997)
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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: 981 shares
Grant price per share: $0.00 per share
Direct holdings after grant: 2,294 shares
+2 more
5 metrics
Restricted stock grant
981 shares
Granted May 21, 2026 under 2024 Omnibus Incentive Plan
Grant price per share
$0.00 per share
Reported transaction price for restricted stock award
Direct holdings after grant
2,294 shares
Common stock directly owned by Michael J. Hislop after transaction
Indirect trust holdings
12,844 shares
Common stock held by The Hislop Revocable Trust
Vesting period
1 year
Restricted stock vests in full on first anniversary of grant
Key Terms
restricted stock, Wingstop Inc. 2024 Omnibus Incentive Plan, unvested shares, beneficially own, +1 more
5 terms
restricted stock financial
"On May 21, 2026, 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."
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
"disclaims beneficial ownership of the shares held by the Trust except to the extent of his pecuniary interest therein."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Wingstop (WING) director Michael J. Hislop report?
Wingstop director Michael J. Hislop reported receiving 981 shares of restricted common stock as a grant. The award was made under the Wingstop Inc. 2024 Omnibus Incentive Plan and carries no cash purchase price, reflecting stock-based compensation rather than an open-market share purchase.
What is the role of The Hislop Revocable Trust in Michael J. Hislop’s Wingstop (WING) holdings?
The Hislop Revocable Trust holds 12,844 Wingstop shares, with Michael J. Hislop serving as co-trustee. A member of his immediate family is the beneficiary, and he disclaims beneficial ownership of trust shares except for any pecuniary interest he may have in those holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
