secwatch.observer — SEC 8-K summary
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Issuer:     Wingstop Inc. (WING)
CIK:        0001636222
Form:       8-K
Filed at:   2022-04-29T23:59:59+00:00
Accession:  0001636222-22-000065
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wingstop CEO Skipworth receives $700K salary, $2M target equity, enhanced severance
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- Base salary $700K; target annual bonus 100% of base; target long-term equity $2M (75% performance-based, 25% service-based).
- Additional equity grant of $1.31M to adjust for prior award under old role.
- Severance plan amendments: change-in-control multiplier 2.5x, severance multiplier 2.0x for CEO.
- Offer effective March 13, 2022; Skipworth also joins board to fill vacancy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1636222/000163622222000065/0001636222-22-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1636222/000163622222000065/wing-20220425.htm
  HTML page:      https://secwatch.observer/filing/0001636222-22-000065

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer