WINA Form 144 Filed for 2,441 Shares via Piper Sandler on Nasdaq
Rhea-AI Filing Summary
Winmark Corp (WINA) filed a Form 144 reporting the proposed sale of 2,441 shares of Common Stock through Piper Sandler & Co. The filing lists an aggregate market value of $1,116,757.50 and shows the securities are listed on Nasdaq. The planned approximate date of sale is 08/26/2025.
The securities were acquired and paid for on 08/26/2025 by stock option exercise from the issuer, with payment in cash. The filer reports no securities sold in the past three months and includes the standard representation that the selling person is not aware of undisclosed material adverse information.
Positive
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Negative
- None.
Insights
TL;DR: Routine insider exercise-and-sale filing for a small block of Winmark shares; no prior sales reported in three months.
The Form 144 documents a proposed sale of 2,441 Winmark common shares valued at $1,116,757.50 to be executed on Nasdaq via Piper Sandler on 08/26/2025. The shares were acquired the same day through a stock option exercise and paid in cash, and the filer indicates no sales in the past three months. This filing is procedural disclosure required for restricted or control securities intended for public sale and does not by itself disclose material corporate events.
TL;DR: Disclosure aligns with Rule 144 requirements; filer attests no undisclosed material adverse information.
The notice includes required broker, share amount, aggregate value, exchange, acquisition method, and payment details, fulfilling disclosure norms. The signer explicitly represents no knowledge of undisclosed material adverse information. The filing contains no indications of unusual governance actions or additional related-party transactions beyond the stated exercise-and-sale.
FAQ
What does Winmark's Form 144 report for WINA?
How were the securities acquired for the WINA Form 144 filing?
Does the filing report any securities sold in the past three months for the seller?
Who will execute the sale listed in the Form 144?
What representation does the filer make about material information?