Form 4: Wingstop Inc. Executive Albert G. McGrath Reports Stock Transactions
SEC Form 4 Filing
Albert G. McGrath, SVP General Counsel and Secretary of Wingstop Inc., reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On March 2, 2025, Albert G. McGrath, SVP General Counsel and Secretary of Wingstop Inc., reported transactions involving Wingstop Inc. common stock.
- 230 restricted stock units (RSUs) converted into common stock on a one-for-one basis.
- 91 shares were withheld for the payment of tax liabilities related to the vesting of these RSUs at a price of $234.78.
- Following these transactions, McGrath directly owns 14,499 shares of Wingstop Inc. common stock.
- The RSUs were granted on March 2, 2022, under the Wingstop Inc. 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: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/02/2022 | Date the RSUs were granted pursuant to 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 on the Form 4 filing. |
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