Wingstop Inc. Approves Retention Equity Award for CEO

On September 11, 2025, Wingstop Inc.'s Board of Directors and Compensation Committee approved a one-time retention equity award for Michael J. Skipworth, the company's President and Chief Executive Officer. The award consists of 45,505 performance-based restricted stock units (PSUs) and 45,505 service-based restricted stock units (RSUs), each with a grant date value of $12.5 million. The PSUs are tied to the company's achievement of system-wide sales targets during a specific performance period, while the RSUs vest over a five-year period. The awards are designed to retain Mr. Skipworth, incentivize future service, and align his interests with those of the company's stockholders.