Skipworth Michael 4

What Happened

• Michael Skipworth, President, CEO and a Director of Wingstop (WING), received a grant of 10,155 restricted stock units (RSUs) on March 5, 2026. A portion of derivative holdings converted/exercised into common shares on March 6, 2026 (4,636 shares).
• To satisfy tax withholding upon vesting/conversion, 1,825 shares were withheld/disposed at an indicated value of $229.17 per share, totaling $418,235. The RSU award and conversions are not open-market purchases or discretionary sales by the insider but reflect standard award vesting and associated tax-withholding.

Key Details

• Grant date: March 5, 2026 — 10,155 RSUs granted under the Wingstop 2024 Omnibus Incentive Plan.
• Conversion/exercise: March 6, 2026 — 4,636 derivative units converted/exercised into common stock (coded M).
• Tax withholding: March 6, 2026 — 1,825 shares withheld to cover tax liabilities (coded F) at $229.17/share; withholding value ≈ $418,235.
• RSU terms: RSUs convert one-for-one into common stock and (per the filing) vest in three equal annual installments beginning one year after the grant.
• Filing: Form 4 filed March 9, 2026. The filing shows the award, conversion and automatic tax withholding; the filing itself does not indicate any discretionary open-market sale by the insider.
• Shares owned after the transactions: not specified in the information provided in this summary.

Context

• These transactions reflect stock compensation and automatic tax-withholding, not a market sell or a purchase decision by the insider. For derivative/RSU transactions, the “exercise/conversion” (M) entries simply mean RSUs or other derivative awards were converted into common shares; the (F) entry reflects shares withheld to pay taxes on the vesting.