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 on May 1, 2025.
Summary
- On May 1, 2025, Raj Kapoor, SVP, Pres. of International at Wingstop Inc., reported transactions involving Wingstop Inc. securities.
- Kapoor acquired 704 shares of common stock through the conversion of Restricted Stock Units (RSUs) at a price of $0.
- Simultaneously, 172 shares were disposed of to cover tax liabilities related to the vesting of service-based RSUs at a price of $259.67 per share.
- Following these transactions, Kapoor directly owns 1,154 shares of common stock and 706 Restricted Stock Units.
- The RSUs were granted on May 1, 2023, and vest in three equal annual installments beginning on the first anniversary of the grant date.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation. There's no indication of unusual or concerning activity.
Positives
- The acquisition of shares through RSU conversion indicates a continued stake in the company's performance.
Negatives
- The disposal of shares to cover tax liabilities, while standard, slightly reduces the executive's holdings.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and their confidence in the company.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies, ensuring transparency in insider trading activities.
- Similar filings are made by executives at comparable companies like Domino's Pizza (DPZ) and McDonald's (MCD) when they engage in stock transactions.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are part of standard executive compensation practices.
- Transparency through this filing helps maintain investor confidence.
Key Dates
| Date | Description |
|---|---|
| December 26, 2024 | 80 shares of common stock acquired under the Issuer's Employee Stock Purchase Plan |
| May 1, 2023 | RSUs were granted pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan |
| May 1, 2025 | Date of earliest transaction: RSU conversion and tax liability share disposal |
| May 2, 2025 | Date of signature for the Form 4 filing |
Keywords
Wingstop Inc., Raj Kapoor, Form 4, Stock Transactions, Restricted Stock Units, RSU, Beneficial Ownership, Insider Trading
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