Greco Thomas 4
Research Summary
AI-generated summary
Wingstop (WING) Director Thomas Greco Receives Restricted Stock Award
What Happened Thomas Greco, a director of Wingstop Inc. (WING), was granted 981 shares of restricted stock on May 21, 2026. The grant was reported on a Form 4 filed May 26, 2026. The shares were awarded at $0.00 (no cash purchase), with the restricted stock scheduled to vest in full on the first anniversary of the grant.
Key Details
- Transaction date: May 21, 2026; Form 4 filed May 26, 2026 (five days later).
- Transaction type/code: Award/Grant (A); 981 shares acquired at $0.00.
- Shares owned after transaction: Not specified in the provided filing data.
- Footnotes: F1 — grant under Wingstop’s 2024 Omnibus Incentive Plan; vests in full one year from grant. F2 — includes unvested shares that would be forfeited if the director’s service on the board terminates.
- Timeliness: The Form 4 was filed five days after the grant (later than the standard two-business-day filing window), which is a late report.
Context Restricted stock awards are compensation grants that typically vest over time and can be forfeited if service ends; they are not open-market purchases or sales and therefore don’t directly signal immediate bullish or bearish trading by the insider. A late filing can attract regulatory or investor attention but does not change the substance of the grant or its vesting schedule.