Wingstop Inc.·4/A

Jun 9, 6:07 PM ET

GOEBEL DAVID 4/A

Research Summary

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Wingstop (WING) Director David Goebel Receives Restricted Stock Award

What Happened

  • David Goebel, a member of Wingstop Inc.'s Board of Directors, was granted 1,131 shares of restricted stock on May 21, 2026 under the Wingstop 2024 Omnibus Incentive Plan. The shares were granted at $0.00 (no cash paid), so the reported acquisition value is $0. This filing is an amendment correcting the number of restricted shares reported for the May 21 grant.

Key Details

  • Transaction date and price: May 21, 2026 — 1,131 restricted shares granted at $0.00 per share (code A: award/grant).
  • Vesting: The restricted stock vests in full on the first anniversary of the grant (May 21, 2027).
  • Beneficial ownership: The filing reports these 1,131 shares as beneficially owned by Goebel; they are unvested and would be forfeited if his board service ends (per footnote).
  • Filing status: This is an amended Form 4 filed June 9, 2026 (19 days after the grant) to correct the previously reported share count.
  • Footnotes: F1 explains the grant and reason for amendment; F2 notes the shares are unvested and subject to forfeiture on termination.

Context

  • Restricted stock awards are a form of compensation/retention for directors and differ from open-market purchases or sales — they don't necessarily signal immediate market conviction. These shares will not be transferable or fully owned by Goebel until they vest, and the amendment suggests a correction to reporting rather than a change in the underlying grant.