Fallon Christopher 4
Research Summary
AI-generated summary
Wingstop SVP Christopher Fallon Receives RSUs; 142 Shares Withheld
What Happened
- Christopher Fallon, Senior Vice President & Chief Information Officer of Wingstop (WING), received a grant of 1,100 restricted stock units (RSUs) on March 5, 2026. The filing shows conversion/exercise of 496 RSU-derived shares on March 6, 2026. To cover tax liabilities from vesting, 142 shares were withheld at $229.17 per share, totaling $32,542.
- These transactions are awards/vestings and tax withholdings (not open-market purchases or voluntary sales).
Key Details
- Transaction dates and amounts:
- 2026-03-05: Grant of 1,100 RSUs (code A) — $0 per share (award).
- 2026-03-06: Conversion/exercise of 496 RSU-derived shares (code M) — reported as $0 (derivative conversion).
- 2026-03-06: 142 shares withheld for taxes (code F) at $229.17 each = $32,542.
- Shares owned after the transactions: Not disclosed in this filing.
- Footnotes of note:
- F1: RSUs convert one-for-one into common stock.
- F2: The 142-share withholding was automatic to satisfy tax liabilities upon vesting; no investment decision was made by the insider.
- F3/F4: RSU grants were made under the 2024 Omnibus Incentive Plan and vest in three equal annual installments beginning on the first anniversary of the grant.
- Filing timeliness: Report filed on 2026-03-09 for transactions of 2026-03-05/03-06 — the filing appears timely under Form 4 reporting rules.
Context
- The filings describe RSU grants and routine tax withholding upon vesting. Code M entries indicate conversion of derivative awards into common stock; code F indicates shares withheld to satisfy tax obligations. These are standard compensation events and do not necessarily reflect a change in the insider’s view of the company’s stock.