GOEBEL DAVID 4
Research Summary
AI-generated summary
Wingstop (WING) Director David Goebel Receives 981-Share Award
What Happened
- David Goebel, a director of Wingstop Inc. (WING), was granted 981 shares of restricted stock on May 21, 2026. The grant is reported as an award (code A) at $0.00 per share (no cash exchanged). Per the filing, the restricted shares will vest in full on the first anniversary of the grant and would be forfeited if his board service terminates before vesting.
Key Details
- Transaction date: May 21, 2026 (reported on Form 4 filed May 26, 2026).
- Transaction type/code: Award/Grant (A).
- Shares granted: 981 restricted shares; reporting price: $0.00 (grant).
- Vesting: 100% vesting on May 21, 2027 (per footnote).
- Forfeiture: Unvested shares are subject to forfeiture upon termination of board service (per footnote).
- Shares owned after transaction: Not specified in the filing.
- Filing timeliness: Filed May 26, 2026; the filing appears timely given the May 25 federal holiday (Memorial Day).
Context
- This was a compensation award (restricted stock), not an open-market purchase or sale. Restricted stock grants are common long-term incentive pay for directors and typically vest over time; they do not necessarily signal immediate buying or selling intent by the insider.