Form 4: Wingstop SVP Donnie Upshaw Reports Stock Transactions
SEC Form 4 Filing
Wingstop's SVP Donnie Upshaw reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- Donnie Upshaw, SVP Corp Restaurants & CPO of Wingstop Inc., filed a Form 4 detailing changes in beneficial ownership.
- On May 6, 2025, 4,761 restricted stock units (RSUs) vested and converted into common stock on a one-for-one basis.
- Also on May 6, 2025, 1,874 shares were withheld for the payment of tax liabilities related to the vesting of these RSUs at a price of $266.85.
- Following these transactions, Upshaw directly owns 11,356 shares of Wingstop Inc.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard compensation practices, so the sentiment is neutral.
Industry Context
Form 4 filings are routine disclosures required by the SEC when company insiders, like Donnie Upshaw, transact in their company's stock. These filings provide transparency to investors regarding the buying and selling activities of those with privileged information.
Key Dates
| Date | Description |
|---|---|
| 05/06/2022 | Date the RSUs were granted pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan |
| 05/06/2025 | Date of RSU vesting and tax withholding. |
| 05/07/2025 | Date of Form 4 filing. |
Keywords
Form 4, Wingstop, Upshaw, Restricted Stock Units, RSUs, Beneficial Ownership, Stock Transactions, Vesting, Tax Withholding
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