Form 4: Wingstop CEO Michael Skipworth Reports Stock Transactions
SEC Form 4 Filing
Wingstop Inc. CEO Michael Skipworth reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On March 2, 2025, Wingstop Inc. CEO Michael Skipworth reported transactions involving Wingstop common stock.
- 397 restricted stock units (RSUs) converted into common stock at a price of $0.
- 157 shares were withheld for the payment of tax liabilities related to the vesting of service-based RSUs at a price of $234.78.
- Following these transactions, Skipworth directly owns 48,656 shares of Wingstop common stock.
- The RSUs were granted on March 2, 2022, under the 2015 Omnibus Incentive Compensation Plan and vest in three equal annual installments beginning on the first anniversary of the grant date.
Sentiment
Score: 5
Explanation: This Form 4 filing is a routine disclosure of stock transactions related to executive compensation and has a neutral sentiment.
Industry Context
This is a routine filing related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they relate to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/02/2022 | Date the RSUs were granted under the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan. |
| 03/02/2025 | Date of the reported transactions: vesting of RSUs and tax withholding. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.