Form 4: Wingstop Inc. Executive Albert G. McGrath Reports Stock Transactions
SEC Form 4
Albert G. McGrath, SVP General Counsel and Secretary of Wingstop Inc., reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On March 7, 2025, Albert G. McGrath acquired 366 shares of common stock through the conversion of Restricted Stock Units (RSUs) and disposed of 145 shares to cover tax liabilities at a price of $227.12 per share.
- On March 9, 2025, McGrath acquired 570 shares of common stock through RSU conversion and disposed of 225 shares for tax liabilities at $227.12 per share.
- McGrath also acquired 1,906 Restricted Stock Units on March 6, 2025, which vest in three equal annual installments starting on the first anniversary of the grant date.
Sentiment
Score: 5
Explanation: This is a standard regulatory filing reflecting routine stock transactions by an executive, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which is a common practice for publicly traded companies like Wingstop Inc.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| March 9, 2023 | RSUs were granted pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| March 7, 2024 | RSUs were granted pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| March 6, 2025 | RSUs were granted pursuant to the Wingstop Inc. 2024 Omnibus Incentive Plan, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| March 7, 2025 | Acquisition of 366 shares via RSU conversion and disposal of 145 shares for tax liabilities. |
| March 9, 2025 | Acquisition of 570 shares via RSU conversion and disposal of 225 shares for tax liabilities. |
| March 10, 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.