GOEBEL DAVID 4/A
Research Summary
AI-generated summary
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.