Carona Marisa 4
4 · Wingstop Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Wingstop (WING) SVP Marisa Carona Exercises RSUs; 268 Shares Withheld
What Happened
Marisa Carona, Senior Vice President of Wingstop (WING), had 681 restricted stock units (RSUs) convert into common shares on March 6, 2026. To satisfy tax withholding related to the vesting, 268 of those shares were automatically withheld at a reported value of $229.17 per share, totaling approximately $61,418. The remaining net shares delivered to Carona were 413 (681 − 268).
Key Details
- Transaction date: March 6, 2026; Form 4 filed March 9, 2026 (filed within the required window).
- Conversion (code M): 681 RSUs converted into 681 common shares (acquired).
- Tax withholding (code F): 268 shares withheld/disposed at $229.17/share = $61,418.
- Net shares received: 413 shares.
- Shares owned after transaction: not specified in the provided filing data.
- Footnotes: F1—RSUs convert one-for-one to common stock. F2—share withholding was automatic to cover taxes; no discretionary sale decision by the insider. F3—these RSUs were granted 3/6/2025 under the 2024 Omnibus Incentive Plan and vest in three equal annual installments beginning on the first anniversary of the grant.
Context
This was a vesting/conversion of RSUs (derivative conversion), not an open-market buy or discretionary sale. The withholding of shares for taxes is routine and does not necessarily indicate a trading decision by the insider.
Insider Transaction Report
- Exercise/Conversion
Common Stock, par value $0.01 per share
[F1]2026-03-06+681→ 5,119 total - Tax Payment
Common Stock, par value $0.01 per share
[F2]2026-03-06$229.17/sh−268$61,418→ 4,851 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-03-06−681→ 937 total→ Common Stock, par value $0.01 per share (681 underlying)
Footnotes (3)
- [F1]Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- [F2]Represents the number of shares withheld for the payment of tax liabilities in connection with the vesting of performance-based RSUs. The withholding of these shares occurred automatically upon the vesting of the RSUs, and as such, no investment decision was made by the Reporting Person in connection with this transaction.
- [F3]The RSUs were granted on March 6, 2025 pursuant to the Wingstop Inc. 2024 Omnibus Incentive Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.