Form 4: Wingstop SVP Albert G. McGrath Reports Stock Transactions Following RSU Vesting

Wingstop's SVP, General Counsel, and Secretary, Albert G. McGrath, reports the acquisition and disposal of common stock related to the vesting of performance-based restricted stock units (RSUs).

Summary

• On February 18, 2025, Albert G. McGrath, SVP, General Counsel, and Secretary of Wingstop Inc., reported transactions involving Wingstop common stock.
• These transactions are related to the vesting of performance-based restricted stock units (RSUs).
• Mr. McGrath acquired 6,038 shares and 3,450 shares of common stock upon the vesting of RSUs granted on December 7, 2021, and March 2, 2022, respectively.
• The performance criteria for these RSUs were met at the maximum performance level.
• Mr. McGrath also disposed of 1,940 shares and 1,358 shares to cover tax liabilities associated with the vesting of the RSUs.
• Following these transactions, Mr. McGrath beneficially owns 14,360 shares of Wingstop common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as the vesting of RSUs at the maximum performance level suggests the company is performing well. However, the sale of shares to cover tax liabilities is a routine event.

Positives

• The vesting of performance-based RSUs indicates that Wingstop met its performance criteria at the maximum level for the relevant periods.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders.

Stakeholder Impact

• The vesting of RSUs aligns executive compensation with company performance, which can be viewed positively by shareholders.

Key Dates

Keywords

Wingstop, RSU, Stock Transactions, Form 4, Beneficial Ownership, Albert G. McGrath