Form 4: Wingstop Inc. Executive Raj Kapoor Reports Stock Transactions
SEC Form 4 Filing
Raj Kapoor, SVP, Pres. of International at Wingstop Inc., reports acquisition and disposal of common stock and restricted stock units.
Summary
- On March 7, 2025, Raj Kapoor, SVP, Pres. of International at Wingstop Inc., reported transactions involving Wingstop Inc. stock.
- These transactions included the conversion of 366 Restricted Stock Units (RSUs) into common stock.
- 90 shares were withheld for the payment of tax liabilities in connection with the vesting of service-based RSUs at a price of $227.12.
- Following these transactions, Kapoor directly owns 542 shares of common stock.
- Kapoor also acquired 2,044 Restricted Stock Units (RSUs) on March 6, 2025, which vest in three equal annual installments beginning on the first anniversary of the grant date.
- After the reported transactions, Kapoor directly owns 732 Restricted Stock Units (RSUs).
Sentiment
Score: 5
Explanation: This is a routine filing; the sentiment is neutral as it simply reports transactions.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor management's alignment with shareholder interests.
Stakeholder Impact
- Shareholders can monitor insider transactions to assess management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | RSUs were granted pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date. |
| 03/06/2025 | 2,044 RSUs were granted pursuant to the Wingstop Inc. 2024 Omnibus Incentive Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date. |
| 03/07/2025 | Conversion of 366 Restricted Stock Units (RSUs) into common stock and withholding of 90 shares for tax liabilities. |
| 03/10/2025 | 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.