Wingstop Inc.·4

Mar 9, 8:27 PM ET

Carona Marisa 4

Research Summary

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Wingstop (WING) SVP Marisa Carona Exercises RSUs; 268 Shares Withheld

What Happened
Marisa Carona, Senior Vice President of Wingstop (WING), had 681 restricted stock units (RSUs) convert into common shares on March 6, 2026. To satisfy tax withholding related to the vesting, 268 of those shares were automatically withheld at a reported value of $229.17 per share, totaling approximately $61,418. The remaining net shares delivered to Carona were 413 (681 − 268).

Key Details

  • Transaction date: March 6, 2026; Form 4 filed March 9, 2026 (filed within the required window).
  • Conversion (code M): 681 RSUs converted into 681 common shares (acquired).
  • Tax withholding (code F): 268 shares withheld/disposed at $229.17/share = $61,418.
  • Net shares received: 413 shares.
  • Shares owned after transaction: not specified in the provided filing data.
  • Footnotes: F1—RSUs convert one-for-one to common stock. F2—share withholding was automatic to cover taxes; no discretionary sale decision by the insider. F3—these RSUs were granted 3/6/2025 under the 2024 Omnibus Incentive Plan and vest in three equal annual installments beginning on the first anniversary of the grant.

Context
This was a vesting/conversion of RSUs (derivative conversion), not an open-market buy or discretionary sale. The withholding of shares for taxes is routine and does not necessarily indicate a trading decision by the insider.