Form 4: Wingstop SVP, Chief Information Officer Christopher Fallon Reports Stock Transactions
SEC Form 4 Filing
Christopher Fallon, SVP and Chief Information Officer of Wingstop Inc., reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On March 6, 2025, Christopher Fallon was granted 1,489 Restricted Stock Units (RSUs) which convert into common stock on a one-for-one basis.
- On March 7, 2025, 225 RSUs converted to common stock.
- Also on March 7, 2025, 55 shares were withheld for the payment of tax liabilities in connection with the vesting of service-based RSUs at a price of $227.12.
- Following these transactions, Fallon directly owns 170 shares of common stock and 450 RSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company executive, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives.
Stakeholder Impact
- Shareholders are informed about the stock transactions of a key executive, providing transparency.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Grant date of 1,489 Restricted Stock Units (RSUs) under the Wingstop Inc. 2024 Omnibus Incentive Plan. |
| 03/07/2025 | Conversion of 225 RSUs to common stock and withholding of 55 shares for tax liabilities. |
| 03/10/2025 | Date of signature for the Form 4 filing. |
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