Wingstop (WING) CFO exercises RSUs while automatic tax withholding trims net shares
Rhea-AI Filing Summary
Wingstop Inc. SVP and Chief Financial Officer Alex Kaleida reported routine equity compensation activity. On March 7 and March 9, 2026, Kaleida exercised restricted stock units, converting a total of 1,009 RSUs into the same number of Wingstop common shares at a conversion price of $0.00 per share.
To cover tax obligations upon vesting, Wingstop automatically withheld 398 shares of common stock, valued at $229.17 and $224.28 per share in the respective transactions, as described in the footnotes. After these transactions, Kaleida directly holds 13,843 shares of Wingstop common stock, and the filing notes that the tax-related withholdings did not involve any investment decision by the executive.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 571 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 571 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 225 | $224.28 | $50K |
| Exercise | Restricted Stock Units | 438 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 438 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 173 | $229.17 | $40K |
Footnotes (4)
- F1. Restricted stock units ("RSUs") convert into common stock of 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
What did Wingstop (WING) CFO Alex Kaleida report in this Form 4?
Were Kaleida’s Wingstop transactions open-market stock sales or purchases?
What do the Form 4 footnotes reveal about Wingstop CFO’s RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.