Form 4: Wingstop Inc. Executive Donnie Upshaw Reports Stock Transactions

Donnie Upshaw, SVP Corp Restaurants & CPO of Wingstop Inc., reports the acquisition and disposal of common stock and restricted stock units.

Summary

• On March 7, 2025, Donnie Upshaw exercised 366 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, Upshaw exercised 570 RSUs and disposed of 225 shares to cover tax liabilities at a price of $227.12 per share.
• Upshaw also acquired 1,906 RSUs on March 6, 2025, which vest in three equal annual installments beginning on the first anniversary of the grant date.
• Following these transactions, Upshaw directly owns 8,469 shares of common stock and 571 RSUs.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports stock transactions. It's a routine filing and doesn't indicate positive or negative performance.

Positives

• The reporting person is increasing their holdings of Wingstop stock through the vesting of restricted stock units.

Negatives

• The reporting person disposed of shares to cover tax liabilities, which is a common practice but reduces their overall holdings.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies like Wingstop.

Stakeholder Impact

• The transactions have a minimal impact on stakeholders as they are related to executive compensation and tax obligations.

Key Dates