Director at Wingstop (WING) sells 2,700 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wingstop Inc. director Madati Kilandigalu reported an open-market sale of 2,700 shares of common stock at a price of $260.725 per share on February 25, 2026. After this transaction, the director holds 2,583 shares, including unvested restricted stock subject to continued board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,700 shares ($703,958)
Net Sell
1 txn
Insider
Madati Kilandigalu
Role
Director
Sold
2,700 shs ($704K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share | 2,700 | $260.725 | $704K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 2,583 shares (Direct)
Footnotes (1)
- The shares were sold in multiple transactions at a price of $260.725 per share. 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.
FAQ
What insider transaction did Wingstop (WING) disclose in this Form 4?
Wingstop disclosed that director Madati Kilandigalu sold 2,700 shares of common stock in an open-market transaction at $260.725 per share on February 25, 2026, and reported updated post-transaction holdings.
Does the Wingstop (WING) Form 4 mention restricted stock held by the director?
Yes. A footnote states the reported post-transaction holdings include unvested restricted shares. These unvested shares are subject to forfeiture if the reporting person ceases serving on Wingstop’s Board of Directors, linking them to continued board service.
Was the Wingstop (WING) insider transaction a buy or sell?
The filing reports an open-market sale by the director. The transaction code is “S” and the normalized direction field classifies it as a sell, indicating a disposition of 2,700 Wingstop common shares rather than an acquisition.