Lavelle Kate S 4
4 · Wingstop Inc. · Filed May 26, 2026
Research Summary
AI-generated summary of this filing
Wingstop (WING) Director Kate S. Lavelle Receives Award
What Happened
On May 21, 2026, Kate S. Lavelle, a director of Wingstop Inc. (WING), was granted 981 shares of restricted stock under the Wingstop 2024 Omnibus Incentive Plan. The shares were awarded at an acquisition price of $0 per share (no cash exchanged). The restricted stock will vest in full on the first anniversary of the grant (May 21, 2027). This is a compensation award rather than an open‑market purchase or sale.
Key Details
- Transaction date: May 21, 2026; acquisition code: A (award/grant).
- Number of shares granted: 981; acquisition price reported: $0.
- Shares owned after transaction: not specified in the provided filing.
- Vesting: the 981 restricted shares vest in full on the first anniversary of the grant (per footnote F1).
- Forfeiture: the shares are unvested and would be forfeited if the Reporting Person's board service terminates (per footnote F2).
- Filing date: May 26, 2026 (filed five days after the grant). Form 4s are generally due within two business days, so this appears to have been filed one business day after the usual deadline.
Context
Restricted stock awards to directors are common as part of compensation and are generally intended to align long‑term interests; because these shares are unvested and subject to forfeiture they do not represent immediately tradable stock. Awards convey less direct trading sentiment than open‑market purchases or sales — they are routine compensation unless unusually large or timed.
Insider Transaction Report
- Award
Common Stock, par value $0.01 per share
[F1][F2]2026-05-21+981→ 5,295 total
Footnotes (2)
- [F1]On May 21, 2026, the Reporting Person was granted 981 shares of restricted stock pursuant to the Wingstop Inc. 2024 Omnibus Incentive Plan. The restricted stock will vest in full on the first anniversary of the date of grant.
- [F2]Includes unvested shares of restricted stock that would be forfeited upon the Reporting Person's termination of service on the Issuer's Board of Directors.