Form 4: Wingstop Inc. Executive Albert G. McGrath Reports Stock Transactions
SEC Form 4 Filing
SVP, General Counsel, and Secretary of Wingstop Inc., Albert G. McGrath, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On May 6, 2025, Albert G. McGrath, SVP, General Counsel, and Secretary of Wingstop Inc., reported transactions involving Wingstop Inc. common stock.
- McGrath converted 2,976 restricted stock units (RSUs) into common stock.
- 1,172 shares were withheld for the payment of tax liabilities related to the vesting of service-based RSUs at a price of $266.85.
- Following these transactions, McGrath directly owns 16,869 shares of Wingstop Inc. common stock.
- The RSUs were granted on May 6, 2022, under the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan and vested on May 6, 2025.
Sentiment
Score: 5
Explanation: This is a neutral filing reflecting standard executive compensation practices and does not inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the vesting of previously granted equity compensation.
Key Dates
| Date | Description |
|---|---|
| May 6, 2022 | Date the RSUs were granted pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan. |
| May 6, 2025 | Date of the reported transactions: conversion of RSUs to common stock and tax withholding. |
| May 7, 2025 | Date of signature for the Form 4 filing. |
Keywords
Wingstop Inc., Albert G. McGrath, Form 4, Restricted Stock Units, RSUs, Common Stock, Beneficial Ownership, Insider Trading, SEC Filing
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