Wingstop COO exercises RSUs, shares withheld for tax
Wingstop Inc. senior vice president and chief operating officer Raj Kapoor reported routine equity compensation activity.
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Rhea-AI Filing Summary
Wingstop Inc. senior vice president and chief operating officer Raj Kapoor reported routine equity compensation activity. On March 7, he exercised 366 restricted stock units (RSUs), which converted into 366 shares of common stock on a one-for-one basis. To cover tax liabilities tied to the vesting of performance-based RSUs, 145 of these shares were automatically withheld at a price of $229.17 per share, with no investment decision made by Kapoor. After these transactions, he directly holds 3,731 shares of Wingstop common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 366 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 366 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 145 | $229.17 | $33K |
Footnotes (3)
- 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.
FAQ
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What insider transaction did Wingstop (WING) COO Raj Kapoor report?
How many Wingstop (WING) RSUs vested for Raj Kapoor and at what ratio?
Were Raj Kapoor’s Wingstop (WING) transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.