4/A: Wingstop Inc. Executive Upshaw Corrects Transaction Code in Amended SEC Filing
SEC Filing (Form 4/A Amendment)
Donnie Upshaw, SVP Corp Restaurants & CPO of Wingstop Inc., files an amendment to a previous Form 4 to correct a transaction code related to the withholding of shares for tax liabilities.
Summary
- Donnie Upshaw, a senior executive at Wingstop Inc., filed an amended Form 4 with the SEC on March 5, 2025.
- The amendment corrects a transaction code that was initially reported incorrectly in the original Form 4 filed on March 4, 2025.
- The correction pertains to the withholding of 91 shares of common stock at a price of $234.78 per share to cover tax liabilities associated with the vesting of restricted stock units (RSUs).
- Upshaw's beneficial ownership following the reported transaction is 7,903 shares.
- The filing clarifies that the share withholding was automatic upon RSU vesting, and no investment decision was made by Upshaw.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't indicate any significant positive or negative developments for the company.
Industry Context
This type of filing is standard for corporate insiders and reflects routine transactions related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 03/02/2025 | Date of the transaction (share withholding for tax liabilities). |
| 03/04/2025 | Date of original Form 4 filing. |
| 03/05/2025 | Date of amended Form 4/A filing. |
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