Wingstop CEO exercises RSUs, covers tax with shares
Wingstop Inc. President and CEO Michael Skipworth reported routine equity compensation activity involving restricted stock units (RSUs) that converted into common stock.
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Rhea-AI Filing Summary
Wingstop Inc. President and CEO Michael Skipworth reported routine equity compensation activity involving restricted stock units (RSUs) that converted into common stock. On March 7, 2026 and March 9, 2026, RSU awards vested and were exercised on a one-for-one basis into a total of 5,865 shares of common stock.
To cover related tax liabilities, 2,309 shares were automatically withheld at prices of about $229.17 and $224.28 per share, with no discretionary investment decision made. After these RSU conversions and tax withholdings, Skipworth directly holds 73,397 shares of Wingstop common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,481 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 3,481 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 1,370 | $224.28 | $307K |
| Exercise | Restricted Stock Units | 2,384 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 2,384 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 939 | $229.17 | $215K |
Footnotes (4)
- F1. Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- F2. Represents the number of shares withheld for the payment of tax liabilities in connection with the vesting of performance-based RSUs. The withholding of these shares occurred automatically upon the vesting of the RSUs, and as such, no investment decision was made by the Reporting Person in connection with this transaction.
- F3. The RSUs were granted on March 7, 2024 pursuant to the Wingstop Inc. 2015 Omnibus Incentive Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.
- F4. The RSUs were granted on March 9, 2023 pursuant to the Wingstop Inc. 2015 Omnibus Incentive Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.
FAQ
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What insider transactions did Wingstop (WING) CEO Michael Skipworth report?
How were the Wingstop (WING) RSUs granted and how do they vest?
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