Winnebago Industries (WGO) director reports 829 new deferred stock units

Rhea-AI Filing Summary

Winnebago Industries director equity update: A Winnebago Industries, Inc. director reported an equity-related transaction involving deferred stock units under the company’s Directors Deferred Compensation Plan. On 11/28/2025, the director acquired 829 deferred stock units linked to Winnebago common stock at a price of $36.19 per underlying share, bringing the director’s total beneficial ownership of derivative securities to 13,175 deferred stock units held directly.

These deferred stock units are not paid out immediately. Instead, they will be settled 100% in Winnebago common stock upon the earliest of the director’s termination of board service, death, disability, or a change in the effective control of the company, as defined in the plan and elected by the director.

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^*

MILES DAVID W

(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		829		(1)	(1)	Common Stock	829	$36.19	13,175	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?

A Winnebago Industries director reported acquiring 829 deferred stock units on 11/28/2025 under the company’s Directors Deferred Compensation Plan.

How many deferred stock units does the Winnebago (WGO) director now beneficially own?

Following the reported transaction, the director beneficially owns 13,175 deferred stock units related to Winnebago Industries common stock, held directly.

At what reference price were the new Winnebago (WGO) deferred stock units recorded?

The 829 deferred stock units were recorded with a reference price of $36.19 per share of Winnebago Industries common stock.

What is a deferred stock unit in the context of Winnebago Industries (WGO)?

A deferred stock unit is a right accrued under the Winnebago Industries, Inc. Directors Deferred Compensation Plan that will be settled in shares of Winnebago common stock at a future event instead of being paid immediately.

When will the Winnebago (WGO) director’s deferred stock units be settled in common stock?

The deferred stock units will be settled 100% in Winnebago Industries 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.

Is the reporting person on this Winnebago (WGO) Form 4 a director or officer?

The reporting person is identified as a director of Winnebago Industries, Inc. and filed the Form 4 as an individual reporting person.