Winnebago Industries (WGO) director gains 622 deferred stock units at $36.19

Rhea-AI Filing Summary

Winnebago Industries reported a routine equity compensation change for one of its directors. On 11/28/2025, the director acquired 622 Deferred Stock Units under the company’s Directors Deferred Compensation Plan at a reference price of $36.19 per underlying share. After this transaction, the director beneficially owned 2,251 derivative securities in direct form.

The Deferred Stock Units are designed to be settled 100% in Winnebago Industries common stock. Settlement will occur upon the earliest of the director’s termination of service, death, disability, or a defined change in the effective control of the company, consistent with the director’s prior election under the plan.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Pack Michael E

(Last) (First) (Middle)

WINNEBAGO INDUSTRIES, INC.

13200 PIONEER TRAIL

(Street)

EDEN PRAIRIE MN 55347

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
WINNEBAGO INDUSTRIES INC [ WGO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/28/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Stock Units	(1)	11/28/2025		A		622		(1)	(1)	Common Stock	622	$36.19	2,251	D

Explanation of Responses:

1. Deferred Stock Units are accrued under the Winnebago Industries, Inc. Directors Deferred Compensation Plan and are to be settled 100% in Winnebago Industries common stock upon the earliest of the following events: reporting person's termination of service as a director, death, disability or a "change in the effective control of the Company" as defined in the Plan pursuant to an election made by reporting person.

	/s/ Stacy L. Bogart, Attorney-in-Fact	12/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Winnebago Industries (WGO) report in this Form 4?

The filing shows that a director of Winnebago Industries acquired 622 Deferred Stock Units on 11/28/2025 under the company’s Directors Deferred Compensation Plan.

How many derivative securities does the Winnebago (WGO) director own after this transaction?

Following the reported transaction, the director beneficially owned 2,251 derivative securities, held in direct form.

What are Deferred Stock Units in the Winnebago Industries (WGO) director plan?

Deferred Stock Units are bookkeeping entries that track a right to receive Winnebago Industries common stock in the future, instead of immediate share delivery or cash.

When will the Winnebago (WGO) director’s Deferred Stock Units be settled into common stock?

The Deferred Stock Units are to be settled 100% in common stock upon the earliest of the director’s termination of service, death, disability, or a change in the effective control of the company as defined in the plan.

What price is associated with the Deferred Stock Units reported for Winnebago (WGO)?

The transaction reflects an associated price of $36.19 per share of the underlying Winnebago Industries common stock for the 622 Deferred Stock Units.

What is the reporting person’s relationship to Winnebago Industries (WGO)?

The reporting person is identified as a director of Winnebago Industries, Inc., with the form filed for one reporting person.