McGrath Albert G 4

What Happened
Albert G. McGrath, SVP General Counsel and Secretary of Wingstop (WING), had 6,418 performance-based RSUs convert into common stock on March 4, 2026 (reported on Form 4 filed March 6, 2026). The vested shares had an implicit value of about $1,536,084.12 at $239.34 per share. To cover tax withholding, 1,977 shares were withheld/disposed, generating proceeds of $473,175; the remaining 4,441 shares were delivered to McGrath (net value ≈ $1,062,909 at the same price).

Key Details

• Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (timely filing).
• Transactions reported: M = conversion/vesting of 6,418 performance RSUs (acquired at $0.00); F = 1,977 shares withheld/disposed for tax withholding at $239.34 per share (total $473,175).
• Gross value of vested shares ≈ $1,536,084.12; net shares received = 4,441 (≈ $1,062,909).
• Footnotes: grant made 3/9/2023 for 2,567 target RSUs with up to 250% payout; performance goals met at maximum, yielding 6,418 RSUs. RSUs convert 1:1 to common stock. Withholding occurred automatically to cover taxes (no active sale decision).
• Shares owned after transaction: not specified in the filing.

Context
This was a performance-based RSU vesting event (conversion of derivative), not an open-market purchase or voluntary sale. The withholding of shares to satisfy tax obligations is routine and does not necessarily indicate a discretionary sale decision by the insider.