WING Wingstop Inc. Insider Trading

WING CEO sold 4,500 shares ($1.7M) at $370.34; stock down -15.3% from 52-week high, but +11.1% in 30 days

Michael Skipworth, President and CEO, sold 4,500 shares (9.5% reduction) at $370.34 on 2025-08-01, reducing his holdings to 42,777 shares. The sale occurred near the stock's 52-week high but follows a 30-day surge of +11.1%, suggesting the trade may have captured recent momentum. Wingstop's fundamentals show strong growth: +36.0% annual revenue growth, $174.3M quarterly revenue, and $26.8M net income, though the P/E ratio of 59.03 is elevated relative to the market median. Across his prior 16 open-market sales, Skipworth's timing outcomes average +4.6% over 30 days and +10.8% over 90 days, with a well-timed rate of 7.14%. However, at Wingstop specifically, his last three measurable sells (all on 2024-02-23) each showed positive 90-day returns of +13.2% to +14.0%, meaning the stock rose after his sales—a pattern inconsistent with well-timed exit execution.

SVP Marisa Carona sells entire 11,938-share stake in WING for $4.4M across 2 transactions at $372.89 and $370.00

Marisa Carona, SVP & Chief US Franchise & Development Operations, executed 2 separate sales totaling 11,938 shares for $4,421,109.31, eliminating her entire shareholding position. The transactions occurred at prices ($372.89 and $370.00) well above the current price of $362.45, yet represent a complete exit by a senior operational executive responsible for franchise and development strategy—roles directly tied to Wingstop's core growth engine. At a P/E of 59.03, the stock commands a premium valuation; Carona's full liquidation by an SVP with direct purview over franchise expansion raises questions about conviction-level exposure to the company's valuation and near-term prospects. The stock is down 15.3% from its 52-week high, though it has gained 34.2% over the past 90 days, providing context that this exit occurs during a partial recovery window rather than a capitulation moment.

WING CFO Kaleida Alex sold 5,400 shares for $2,030,887.69 on 2025-08-01, reducing holdings by 39.2% to 8,362 shares.

Kaleida Alex, the CFO of Wingstop Inc., executed three separate sales totaling 5,400 shares on 2025-08-01 for $2,030,887.69 at an average price of $376.09, reducing his holdings by 39.2% from 13,762 to 8,362 shares. The stock currently trades at $362.45, roughly 3.6% below the blended sale price, and is positioned up 34.2% over 90 days against a 52-week high of $427.92. With the company reporting recent quarterly revenue of $174,329,000.00 and annual revenue growth of 36.0%, paired with a relatively elevated P/E of 59.03, the substantial reduction in the CFO's direct ownership warrants scrutiny regarding his assessment of current valuation relative to forward fundamentals.

Wingstop CEO Skipworth sells 10,000 shares ($3.4M) at $337.34 blended avg; stock now +47.7% in 30 days

Michael Skipworth, President and CEO of Wingstop Inc., executed 2 separate sales totaling 10,000 shares for $3,373,366.28 on 2025-05-27, at a blended average price of $337.34, reducing his holdings by 17.5% to 47,190 shares post-transaction. The stock has surged +47.7% over the past 30 days and now trades at $340.56, only 20.6% below its 52-week high of $428.85. Skipworth's prior five sales at Wingstop (all on 2024-02-23) generated positive 90-day returns ranging from +12.1% to +14.2%, indicating his previous exit timing at this ticker did not precede material declines. The company is trading at a elevated P/E of 55.20 with strong fundamentals: $171.1M quarterly revenue, $92.3M net income, and 36.0% annual revenue growth, though the valuation multiples and near-year-high stock price merit investor scrutiny on whether current levels reflect achievable growth.

SVP Upshaw sold 3,199 WING shares (97.1% of holdings) at $372.71 on 2024-08-08 for $1.2M, retaining only 97 shares.

Donnie Upshaw, SVP of Corp Restaurants & CPO, liquidated 97.1% of his Wingstop holdings in a single transaction, reducing his stake from 3,296 shares to 97 shares. The $1,192,302.17 sale at $372.71 is notable given that at his prior WING sell on 2023-09-11, the stock delivered +49.7% returns over the following 90 days—a materially poorly-timed precedent. The current price of $371.48 is -13.4% from the 52-week high and -2.9% over the past 30 days, placing the timing within a period of recent weakness but not extreme distress. With a P/E of 115.01 and annual revenue growth of +28.7%, the company's valuation remains elevated despite its strong growth profile. The near-complete exit by a senior executive warrants investor attention given the outsized position reduction and the pattern of prior underperformance in timing similar trades.