Anand Krishnan 4/A
Research Summary
AI-generated summary
Wingstop Director Anand Krishnan Receives 1,131-Share Award
What Happened
- Anand Krishnan, a member of Wingstop Inc.'s Board of Directors, was granted 1,131 restricted shares on May 21, 2026. The shares were awarded (transaction code A) at $0.00 — this is a non-cash equity grant under the Wingstop Inc. 2024 Omnibus Incentive Plan.
- The restricted stock will vest in full on the first anniversary of the grant (May 21, 2027). This filing is an amendment correcting the number of shares reported as granted and beneficially owned.
Key Details
- Transaction date: May 21, 2026; reported on an amended Form 4 filed June 9, 2026 (accession 0001628280-26-041998).
- Grant: 1,131 restricted shares at $0.00 (award/grant, code A).
- Shares owned after transaction: the filing reports beneficial ownership of 1,131 unvested restricted shares.
- Footnotes: F1 notes the grant and that this amendment corrects the previously reported amount; F2 states these are unvested shares that would be forfeited if the Reporting Person's board service ends.
- Timeliness: This is an amended filing — the Form 4 was filed nearly three weeks after the grant date; amendments correct reporting errors but don't by themselves indicate trading intent.
Context
- This is a standard equity award to a director as part of compensation, not an open-market purchase or sale. Such awards are common for aligning director incentives with shareholders; they do not represent immediate market buying or selling.
- Because the shares are restricted and subject to forfeiture until vesting, they generally do not indicate short-term trading activity.