Carona Marisa 4
4 · Wingstop Inc. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Wingstop (WING) SVP Marisa Carona Exercises RSUs; Shares Withheld
What Happened
Marisa Carona, Senior Vice President of Wingstop Inc. (WING), had restricted stock units (RSUs) convert into 937 shares on March 7 and March 9, 2026 (366 and 571 shares respectively). To cover tax liabilities, a total of 370 shares were withheld (145 on 3/7 at $229.17/share = $33,230; 225 on 3/9 at $224.28/share = $50,463), for aggregate withholding value of $83,693. The acquisitions show $0 per share because these were RSU vesting conversions (no cash paid to acquire the shares).
Key Details
- Transaction dates: March 7, 2026 (366 RSUs vested; 145 shares withheld at $229.17) and March 9, 2026 (571 RSUs vested; 225 shares withheld at $224.28).
- Total RSUs converted into shares: 937; total shares withheld for taxes: 370. Total withholding value reported: $83,693.
- Shares acquired via RSU conversion are recorded as $0 (code M = exercise/conversion of derivative); tax withholding recorded as disposition (code F).
- Footnotes: RSUs convert 1-for-1 into common stock; withholding was automatic upon vesting and not a discretionary sale (footnotes F1–F4). Grants originated March 7, 2024 and March 9, 2023 and vest in three equal annual installments.
- Shares owned after the transactions are not specified in this Form 4.
Context
These entries reflect routine RSU vesting and automatic tax-withholding (i.e., not open-market sales or purchases). For retail investors, vesting + withholding is administrative (converts compensation into stock and satisfies tax obligations) rather than a clear bullish or bearish trading signal.
Insider Transaction Report
- Exercise/Conversion
Common Stock, par value $0.01 per share
[F1]2026-03-07+366→ 5,217 total - Tax Payment
Common Stock, par value $0.01 per share
[F2]2026-03-07$229.17/sh−145$33,230→ 5,072 total - Exercise/Conversion
Common Stock, par value $0.01 per share
[F1]2026-03-09+571→ 5,643 total - Tax Payment
Common Stock, par value $0.01 per share
[F2]2026-03-09$224.28/sh−225$50,463→ 5,418 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-03-07−366→ 571 total→ Common Stock, par value $0.01 per share (366 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-09−571→ 0 total→ Common Stock, par value $0.01 per share (571 underlying)
Footnotes (4)
- [F1]Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- [F2]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.
- [F3]The RSUs were granted on March 7, 2024 pursuant to the Wingstop Inc. 2015 Omnibus Incentive Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.
- [F4]The RSUs were granted on March 9, 2023 pursuant to the Wingstop Inc. 2015 Omnibus Incentive Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.