Director Kate Lavelle granted 1,131 Wingstop (WING) restricted shares
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Lavelle Kate S reported acquisition or exercise transactions in this Form 4 filing.
Wingstop Inc. director Kate S. Lavelle 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, she beneficially owns 5,445 shares, including unvested restricted stock that could be forfeited if she leaves the board.
This Form 4 amendment corrects the number of restricted shares previously reported as granted to and beneficially owned by the director on that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lavelle Kate S
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 — 5,445 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 grant: 1,131 shares
Price per granted share: $0.0000 per share
Shares owned after transaction: 5,445 shares
+1 more
4 metrics
Restricted stock grant
1,131 shares
Granted on May 21, 2026 under 2024 Omnibus Incentive Plan
Price per granted share
$0.0000 per share
Equity award, no cash paid by director
Shares owned after transaction
5,445 shares
Total beneficial ownership following grant
Vesting schedule
1 year
Restricted stock vests in full on first anniversary of grant
Key Terms
restricted stock, 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.
2024 Omnibus Incentive Plan financial
"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 did Wingstop (WING) disclose about director Kate S. Lavelle in this Form 4/A?
Wingstop reported that director Kate S. Lavelle received 1,131 shares of restricted common stock as an equity award. The filing also updates her beneficial ownership to 5,445 shares and corrects a previously misreported grant amount.
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. It clarifies that 1,131 restricted shares were granted and adjusts the beneficial ownership figures for Kate S. Lavelle as of May 21, 2026.
What plan governs Kate S. Lavelle’s Wingstop restricted stock grant?
The restricted stock grant to Kate S. Lavelle was made under the Wingstop Inc. 2024 Omnibus Incentive Plan. This plan provides for equity-based awards, including restricted stock, as part of director and employee compensation.