Brewer Bradley T. 4

What Happened
Bradley T. Brewer, Senior Vice President & Chief Commercial Officer of Wingstop (WING), received a grant of 1,058 restricted stock units (RSUs) on March 5, 2026. On March 6, 2026, 114 RSUs converted into 114 shares of common stock (reported as an exercise/conversion of derivative). To cover tax withholding on the vesting/conversion, 34 shares were withheld/disposed at $229.17 per share for a total tax withholding value of $7,792. The RSU grant carries a $0 exercise price (typical for RSUs).

Key Details

• Transaction dates: Grant on 2026-03-05 (1,058 RSUs); conversion/exercise on 2026-03-06 (114 shares).
• Withholding for taxes: 34 shares withheld at $229.17/share = $7,792 (automatic tax withholding).
• Prices/values reported: RSUs convert one-for-one into common stock (no exercise price); withholding value shown above.
• Shares owned after transaction: Not disclosed in this filing.
• Relevant footnotes:
  • F1: RSUs convert into common stock one-for-one.
  • F2: The 34 shares withheld were automatic tax-withholding on vested RSUs (no investment decision).
  • F3/F4: The 1,058 RSUs were granted 3/5/2026 (vest in three equal annual installments). The converted/withheld shares relate to RSUs granted 3/6/2025 (also vesting in three equal annual installments).
• Filing timeliness: Report filed 2026-03-09 reporting transactions on 3/5–3/6; filing appears to be within the usual Form 4 reporting window.

Context
RSU grants are compensation awards (not open-market purchases) and are common for executives; they do not by themselves indicate a buy/sell signal. The 114-share conversion and 34-share withholding reflect routine vesting and automatic tax withholding (a non-discretionary transaction). For retail investors, purchases by insiders can be more indicative of personal conviction; this filing primarily documents a compensation grant and routine withholding rather than a deliberate sale or open-market purchase.