Madati Kilandigalu 4

What Happened

• Madati Kilandigalu, a director of Wingstop Inc. (WING), received an award of 981 restricted shares on May 21, 2026. The grant price reported is $0.00 (an awarded grant, not a purchase), and the restricted stock will vest in full on the first anniversary of the grant.

Key Details

• Transaction date: May 21, 2026; Form 4 filed May 26, 2026 (filed after the transaction — appears late; Form 4s are typically due within two business days).
• Transaction type/code: Award/Grant (A).
• Shares granted: 981 restricted shares at $0.00 reported price (total reported cash value = $0).
• Vesting and forfeiture: The shares vest in full one year after grant (Footnote F1). They are unvested and would be forfeited if the director’s service terminates (Footnote F2).
• Shares owned after the transaction: Not specified in this filing.

Context

• This was a compensation award (restricted stock) for a board director, not an open-market purchase or sale—such grants are routine director compensation and reflect compensation policy rather than an immediate market-driven purchase. The shares are subject to vesting and forfeiture conditions, so they are not freely tradeable until vested.