Wingstop Inc.·4

Mar 6, 5:28 PM ET

Carona Marisa 4

4 · Wingstop Inc. · Filed Mar 6, 2026

Research Summary

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Updated

Wingstop (WING) SVP Marisa Carona Receives 6,418 Shares; 1,980 Withheld

What Happened

  • Marisa Carona, Senior Vice President of Wingstop (WING), had 6,418 performance-based RSUs convert into common shares on March 4, 2026 (reported on Form 4). The RSUs converted on a one-for-one basis and were issued at $0.00 (no cash exercise price).
  • To cover tax withholding related to the vesting, 1,980 of those shares were withheld/disposed at an effective value of $239.34 per share, equal to $473,893. The withholding was automatic and not an open-market sale by the insider.

Key Details

  • Transaction dates: March 4, 2026 (reported March 6, 2026).
  • Conversion (code M): 6,418 shares acquired at $0.00 (result of vested performance RSUs).
  • Tax withholding (code F): 1,980 shares withheld/disposed at $239.34/share for $473,893.
  • Footnotes: RSUs were granted on March 9, 2023 as performance-based awards; performance conditions were met at the maximum level (250% of target), resulting in 6,418 vested RSUs. RSUs convert 1:1 to common stock. Withholding occurred automatically; no investment decision was made by the reporting person regarding the withheld shares.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Filing timeliness: Reported on March 6, 2026 for a March 4, 2026 event (within the usual two-business-day Form 4 filing window).

Context

  • This was a vesting of performance-based restricted stock units (not a market purchase). The only disposition was automatic tax withholding—common with RSU vesting—rather than an intentional sale by the insider.
  • Transaction codes: M = exercise/conversion of derivative (RSU conversion here); F = payment of exercise price or tax liability (share withholding).

Insider Transaction Report

Form 4
Period: 2026-03-04
Carona Marisa
Senior Vice President
Transactions
  • Exercise/Conversion

    Common Stock, par value $0.01 per share

    [F1][F2]
    2026-03-04+6,4186,418 total
  • Tax Payment

    Common Stock, par value $0.01 per share

    [F3]
    2026-03-04$239.34/sh1,980$473,8934,438 total
Footnotes (3)
  • [F1]On March 9, 2023, the Reporting Person was granted 2,567 performance-based restricted stock units ("RSUs") pursuant to the Wingstop Inc. 2015 Omnibus Incentive Compensation Plan. The performance-based RSUs vest based on the Issuer's satisfaction of certain performance criteria for the three-year period ended December 27, 2025, with the number that would vest upon maximum performance equal to 250% of the target number specified in the grant. The performance criteria were met at the maximum performance level, resulting in the vesting of 6,418 performance-based RSUs.
  • [F2]RSUs convert into common stock on a one-for-one basis.
  • [F3]Represents the number of shares withheld for the payment of tax liabilities in connection with the vesting of performance-based RSUs. The withholding of these shares occurred automatically upon the vesting of the RSUs, and as such, no investment decision was made by the Reporting Person in connection with this transaction.
Signature
/s/ Albert G. McGrath by Power of Attorney|2026-03-06

Documents

1 file
  • 4
    wk-form4_1772836128.xmlPrimary

    FORM 4