Kaleida Alex 4
4 · Wingstop Inc. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Wingstop (WING) CFO Alex Kaleida Receives Vesting RSUs; Shares Withheld
What Happened
Alex Kaleida, Chief Financial Officer of Wingstop Inc. (WING), had 6,418 performance-based RSUs vest on March 4, 2026. The RSUs converted one-for-one into common shares (reported as an exercise/conversion, code M) with an approximate total value of $1,536,084 based on the $239.34 per-share figure used for tax withholding. To satisfy tax obligations, 1,985 shares were automatically withheld (reported as a disposition, code F) at $239.34 per share for a tax withholding amount of $475,090.
Key Details
- Transaction date: March 4, 2026; Form 4 filed March 6, 2026.
- Acquisition: 6,418 shares via vesting/conversion (code M) at $0.00 exercise price.
- Disposition for taxes: 1,985 shares withheld (code F) at $239.34/share = $475,090.
- Approximate value of vested shares: ~$1.54 million (6,418 × $239.34).
- Shares owned after the transaction: not specified in the provided excerpt.
- Footnotes: RSUs were granted Mar 9, 2023 as performance-based awards; performance goals were met at the maximum level (250% of target), RSUs convert one-for-one to common stock, and the share withholding was automatic to cover tax liabilities (no separate investment decision).
- Filing timeliness: Filing covers a Mar 4 transaction and was filed Mar 6; Form 4s are generally due within two business days.
Context
This was a vesting of performance RSUs (an award), not an open-market purchase or a voluntary sale. The withholding of shares to pay taxes is a routine, automatic settlement when equity awards vest and does not necessarily indicate any change in the insider’s market view.
Insider Transaction Report
- Exercise/Conversion
Common Stock, par value $0.01 per share
[F1][F2]2026-03-04+6,418→ 14,680 total - Tax Payment
Common Stock, par value $0.01 per share
[F3]2026-03-04$239.34/sh−1,985$475,090→ 12,695 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 of 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.