Form 4: Wingstop Inc. Executive Upshaw Donnie Reports Stock Sale
SEC Form 4
SVP Corp Restaurants & CPO of Wingstop Inc., Donnie Upshaw, reports the sale of 3,199 shares of common stock at a price of $372.7109 per share on August 8, 2024.
Summary
- On August 8, 2024, Donnie Upshaw, SVP Corp Restaurants & CPO of Wingstop Inc., sold 3,199 shares of common stock.
- The sale price was $372.7109 per share.
- Following the transaction, Upshaw still beneficially owns 97 shares of common stock acquired under the Issuer's Employee Stock Purchase Plan on June 27, 2024.
Sentiment
Score: 5
Explanation: This is a neutral report of an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 06/27/2024 | Date of common stock acquisition under the Issuer's Employee Stock Purchase Plan |
| 08/08/2024 | Date of stock sale transaction |
| 08/09/2024 | Date of signature on the report |
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