WING.NASDAQWingstop INC

Form 4: Wingstop SVP Bradley T. Brewer Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Bradley T. Brewer, SVP of Strategy & Chief of Staff at Wingstop Inc., reports the acquisition and disposal of common stock and restricted stock units.

Summary

  • On March 10, 2025, Bradley T. Brewer, SVP of Strategy & Chief of Staff at Wingstop Inc., reported transactions involving Wingstop Inc. common stock and restricted stock units (RSUs).
  • Brewer acquired 673 shares of common stock through the conversion of RSUs.
  • Simultaneously, Brewer disposed of 190 shares to cover tax liabilities associated with the vesting of RSUs at a price of $213.78 per share.
  • Following these transactions, Brewer directly owns 483 shares of common stock.
  • Brewer also reports holding 344 Restricted Stock Units granted on March 6, 2025, which vest in three equal annual installments beginning on the first anniversary of the grant date.
  • Brewer no longer holds the 673 Restricted Stock Units granted on November 4, 2024, as they vested on March 10, 2025 and were converted to common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity.

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 personnel and their potential impact on the company's stock.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares, but the effect is likely negligible.

Key Dates

DateDescription
2024-11-04RSUs granted pursuant to the Wingstop Inc. 2024 Omnibus Incentive Plan.
2025-03-06RSUs granted pursuant to the Wingstop Inc. 2024 Omnibus Incentive Plan.
2025-03-10Date of transactions involving common stock and RSUs.
2025-03-10Date of report.

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