Wingstop (WING) SVP McGrath converts RSUs and withholds shares for taxes
Rhea-AI Filing Summary
Wingstop Inc. senior vice president and general counsel Albert G. McGrath reported routine equity compensation activity involving restricted stock units (RSUs). On March 7 and March 9, 2026, RSUs converted into a total of 937 shares of common stock at a conversion price of $0.00 per share.
In connection with the vesting of these service-based RSUs, 370 shares of common stock were automatically withheld to cover tax liabilities at prices of $229.17 and $224.28 per share, as described in the filing. These tax-withholding dispositions were automatic and did not involve an investment decision by McGrath.
Following these transactions, McGrath directly owned 22,308 shares of Wingstop common stock. No open-market purchases or sales were reported; the actions reflect RSU vesting, conversion into common stock, and associated tax withholding under the company’s 2015 Omnibus Incentive Compensation Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 571 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 571 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 225 | $224.28 | $50K |
| Exercise | Restricted Stock Units | 366 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 366 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 145 | $229.17 | $33K |
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 service-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 7, 2024 pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date. The RSUs were granted on March 9, 2023 pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.