Wingstop (WING) COO reports RSU grant, conversion and tax share withholding
Rhea-AI Filing Summary
Wingstop Inc. SVP and Chief Operating Officer Raj Kapoor reported equity compensation activity and related tax withholding. On March 5, 2026, he received a grant of 2,200 restricted stock units (RSUs) under the Wingstop Inc. 2024 Omnibus Incentive Plan. These RSUs vest in three equal annual installments beginning on the first anniversary of the grant date and convert into common stock on a one-for-one basis.
On March 6, 2026, 681 RSUs were converted into 681 shares of common stock, and 268 shares of common stock were withheld at $229.17 per share to cover tax liabilities in connection with vesting, an automatic transaction with no investment decision by Kapoor. Following these transactions, he directly held 3,510 shares of common stock and 3,563 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 681 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 681 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 268 | $229.17 | $61K |
| Grant/Award | Restricted Stock Units | 2,200 | $0.00 | -- |
Footnotes (1)
- Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. 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. The RSUs were granted on March 5, 2026 pursuant to the Wingstop Inc. 2024 Omnibus Incentive Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date. The RSUs were granted on March 6, 2025 pursuant to the Wingstop Inc. 2024 Omnibus Incentive Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.