Wingstop (WING) SVP gains 937 shares from RSUs, 370 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wingstop Inc. Senior Vice President Marisa Carona exercised restricted stock units that converted into 937 shares of common stock on March 7 and March 9, 2026. These RSUs convert to common stock on a one-for-one basis under the company’s 2015 Omnibus Incentive Plan.
In connection with these vestings, 370 shares were automatically withheld to cover tax liabilities at per-share prices of 229.17 and 224.28, meaning no discretionary investment decision was involved in the withholdings. Following these transactions, Carona directly holds 5,418 shares of Wingstop common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
937 shares exercised/converted
Mixed
6 txns
Insider
Carona Marisa
Role
Senior Vice President
| 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 |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock, par value $0.01 per share — 5,643 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 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. The RSUs were granted on March 9, 2023 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
What insider transactions did Wingstop (WING) disclose for Marisa Carona?
Wingstop reported that Senior Vice President Marisa Carona exercised restricted stock units converting into 937 common shares on March 7 and March 9, 2026. In connection with these vestings, 370 shares were automatically withheld to satisfy tax liabilities, leaving her with 5,418 directly held shares.
Did the Wingstop (WING) insider transaction involve an open-market buy or sell?
The filing shows no open-market purchases or sales. Marisa Carona’s transactions reflect RSU vesting and conversion into 937 common shares, with 370 shares automatically withheld to cover tax liabilities, rather than discretionary trading in Wingstop stock on the open market.
What are the terms of the Wingstop (WING) RSUs involved in this Form 4?
The RSUs were granted under the Wingstop Inc. 2015 Omnibus Incentive Plan on March 9, 2023 and March 7, 2024. According to the filing, each grant vests in three equal annual installments beginning on the first anniversary of its respective grant date.
How do the Wingstop (WING) RSUs convert into common stock for Marisa Carona?
The Form 4 explains that restricted stock units convert into Wingstop common stock on a one-for-one basis. In this case, RSU vesting on March 7 and March 9, 2026 resulted in the issuance of 937 common shares before accounting for the 370 shares withheld for taxes.