Wingstop (WING) grants director 981 restricted stock shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Madati Kilandigalu reported acquisition or exercise transactions in this Form 4 filing.
Wingstop Inc. director Madati Kilandigalu reported an equity compensation grant. On May 21, 2026, the director was granted 981 shares of restricted stock under the Wingstop Inc. 2024 Omnibus Incentive Plan at no cash cost.
The restricted stock will vest in full on the first anniversary of the grant date. After this award, Kilandigalu directly holds 3,564 shares of Wingstop common stock, including unvested restricted shares that would be forfeited if service on the Board ends before vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Madati Kilandigalu
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 981 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 3,564 shares (Direct, null)
Footnotes (1)
- 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. 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.
Key Figures
Restricted stock grant: 981 shares
Grant price: $0.00 per share
Shares held after grant: 3,564 shares
+1 more
4 metrics
Restricted stock grant
981 shares
Granted May 21, 2026 to director under 2024 Omnibus Incentive Plan
Grant price
$0.00 per share
Reported transaction price for restricted stock award
Shares held after grant
3,564 shares
Total direct Wingstop common shares following the transaction
Vesting period
1 year
Restricted stock vests in full on first anniversary of grant
Key Terms
restricted stock, Wingstop Inc. 2024 Omnibus Incentive Plan, vest in full, termination of service
4 terms
restricted stock financial
"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
"shares of restricted stock pursuant to the Wingstop Inc. 2024 Omnibus Incentive Plan"
vest in full financial
"The restricted stock will vest in full on the first anniversary of the date of grant"
termination of service financial
"unvested shares of restricted stock that would be forfeited upon the Reporting Person's termination of service on the Issuer's Board of Directors"
FAQ
What insider transaction did Wingstop (WING) director Madati Kilandigalu report?
Madati Kilandigalu reported receiving 981 shares of restricted Wingstop stock as an equity grant. The award was granted at no cash cost and reflects routine director compensation under the company’s 2024 Omnibus Incentive Plan.
Was Madati Kilandigalu’s Wingstop (WING) Form 4 a purchase or a compensation grant?
The Form 4 reflects a compensation grant, not an open-market purchase. Kilandigalu acquired 981 restricted shares at a reported price of $0.00 per share as a director award under Wingstop’s 2024 Omnibus Incentive Plan.