Wingstop (NASDAQ: WING) SVP reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wingstop Inc. Senior Vice President Marisa Carona reported equity award activity. On March 6, 2026, 681 restricted stock units converted into an equal number of common shares at a stated price of $0.00 per share, increasing her directly held common stock to 5,119 shares.
On the same date, 268 common shares at $229.17 per share were automatically withheld to cover tax liabilities tied to the vesting of performance-based RSUs, reducing her direct holdings to 4,851 shares. The RSUs were granted on March 6, 2025 under the Wingstop Inc. 2024 Omnibus Incentive Plan and vest in three equal annual installments beginning on the first anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
681 shares exercised/converted
Mixed
3 txns
Insider
Carona Marisa
Role
Senior Vice President
| 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 |
Holdings After Transaction:
Restricted Stock Units — 937 shares (Direct);
Common Stock, par value $0.01 per share — 5,119 shares (Direct)
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 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.
FAQ
What insider transactions did Wingstop (WING) SVP Marisa Carona report?
Marisa Carona reported RSU vesting and related tax share withholding. 681 restricted stock units converted into common stock, and 268 common shares were automatically withheld to satisfy tax liabilities tied to the vesting of performance-based RSUs.
What was the nature of the RSU transaction reported by Wingstop (WING) SVP?
The RSU transaction was an exercise or conversion of derivative securities. 681 restricted stock units converted into an equal number of common shares at a stated price of $0.00 per share, reflecting the vesting of previously granted equity awards.
When were the underlying Wingstop (WING) RSUs granted and how do they vest?
The RSUs were granted on March 6, 2025 under the 2024 Omnibus Incentive Plan. According to the disclosure, they vest in three equal annual installments beginning on the first anniversary of the grant date, aligning this Form 4 with the first vesting tranche.