Lavelle Kate S 4/A
Research Summary
AI-generated summary
Wingstop (WING) Director Kate S. Lavelle Receives 1,131-Share Award
What Happened
- Kate S. Lavelle, a director of Wingstop Inc. (WING), was granted 1,131 shares of restricted stock on May 21, 2026 (transaction code A — award/grant). The grant price reported is $0.00, so no cash was paid at grant; the reported total value at grant is $0. The restricted shares vest in full on the first anniversary of the grant.
Key Details
- Transaction date: May 21, 2026; Form 4 amended and filed June 9, 2026 to correct the number of shares reported.
- Grant: 1,131 restricted shares @ $0.00 (award).
- Beneficial ownership after grant: 1,131 unvested restricted shares (per the amendment).
- Footnote: Shares are unvested and would be forfeited if the director’s service on the Board terminates (see footnote F2).
- Filing note: This is an amended Form 4 correcting the share count reported for the May 21, 2026 grant.
Context
- This was a restricted stock award (not an open-market purchase or sale). The shares are subject to vesting and forfeiture provisions, so the grant does not represent immediately tradable stock. Grants to directors are a common form of compensation and do not, by themselves, indicate a trading signal.