Wingstop (WING) director awarded 1,131 restricted shares in Form 4/A update
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Madati Kilandigalu reported acquisition or exercise transactions in this Form 4 filing.
Wingstop Inc. director Madati Kilandigalu received a grant of 1,131 shares of restricted common stock on May 21, 2026 under the Wingstop Inc. 2024 Omnibus Incentive Plan. The restricted stock will vest in full on the first anniversary of the grant date.
After this award, Kilandigalu beneficially owns 3,714 shares, including unvested restricted stock that could be forfeited if board service ends. This Form 4 amendment corrects the previously reported number of restricted shares granted and beneficially owned on May 21, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Madati Kilandigalu
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 1,131 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 3,714 shares (Direct, null)
Footnotes (1)
- On May 21, 2026, the Reporting Person was granted 1,131 shares of restricted stock pursuant to the Wingstop Inc. 2024 Omnibus Incentive Plan. The restricted stock will vest in full on the first anniversary of the date of grant. This amendment is being filed to correct the number of shares of restricted stock reported as granted to and beneficially owned by the Reporting Person on May 21, 2026. Includes unvested shares of restricted stock that would be forfeited upon the Reporting Person's termination of service on the Issuer's Board of Directors.
Key Figures
Restricted stock granted: 1,131 shares
Total shares after transaction: 3,714 shares
Grant price: $0.00 per share
+1 more
4 metrics
Restricted stock granted
1,131 shares
Grant on May 21, 2026 under 2024 Omnibus Incentive Plan
Total shares after transaction
3,714 shares
Beneficially owned by Madati Kilandigalu after award
Grant price
$0.00 per share
Equity award with no cash purchase price
Vesting schedule
Full vesting after one year
Restricted stock vests on first anniversary of May 21, 2026
Key Terms
restricted stock, Wingstop Inc. 2024 Omnibus Incentive Plan, beneficially owned, termination of service
4 terms
restricted stock financial
"the Reporting Person was granted 1,131 shares of restricted stock pursuant to the Wingstop Inc. 2024 Omnibus Incentive Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Wingstop Inc. 2024 Omnibus Incentive Plan financial
"granted 1,131 shares of restricted stock pursuant to the Wingstop Inc. 2024 Omnibus Incentive Plan"
beneficially owned financial
"correct the number of shares of restricted stock reported as granted to and beneficially owned by the Reporting Person"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
termination of service financial
"Includes unvested shares of restricted stock that would be forfeited upon the Reporting Person's termination of service on the Issuer's Board of Directors"
FAQ
What insider transaction did Wingstop (WING) report for Madati Kilandigalu?
Wingstop reported that director Madati Kilandigalu received a grant of 1,131 shares of restricted common stock on May 21, 2026. This award was made under the Wingstop Inc. 2024 Omnibus Incentive Plan as a form of equity-based director compensation.
Why was this Wingstop (WING) Form 4/A filed as an amendment?
The Form 4/A was filed to correct the number of restricted shares previously reported as granted to, and beneficially owned by, Madati Kilandigalu on May 21, 2026. It updates the official SEC record with the accurate share figures.
What plan governs Madati Kilandigalu’s Wingstop (WING) restricted stock grant?
Kilandigalu’s 1,131-share restricted stock grant was issued under the Wingstop Inc. 2024 Omnibus Incentive Plan. This plan authorizes equity-based awards, such as restricted stock, as part of the company’s director and employee compensation programs.