Director at Winmark (WINA) receives 356 new stock options award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Winmark Corp director Gina DeCaro Sprenger reported a new equity award. She received 356 Non-Employee Stock Options to buy Winmark common stock at an exercise price of $378.57 per share, vesting 25% per year for four years and expiring on June 1, 2036.
Following this filing, she directly holds 250 shares of common stock and multiple outstanding option grants, including one covering 10,000 underlying shares at an exercise price of $182.21 per share expiring on January 13, 2031. The transactions disclosed are compensation-related awards and holdings rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
13 transactions reported
Mixed
13 txns
Insider
SPRENGER GINA DECARO
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Employee Stock Option (right to buy) | 356 | $378.57 | $135K |
| holding | Non-Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Non-Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Non-Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Non-Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Non-Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Non-Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Non-Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Non-Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Non-Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Non-Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Non-Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-Employee Stock Option (right to buy) — 356 shares (Direct, null);
Common Stock — 250 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
New option grant: 356 options
New grant exercise price: $378.57 per share
New grant expiration: June 1, 2036
+3 more
6 metrics
New option grant
356 options
Non-Employee Stock Option grant on June 1, 2026
New grant exercise price
$378.57 per share
Exercise price for 356-option award
New grant expiration
June 1, 2036
Expiration date of 356-option award
Common shares held
250 shares
Direct common stock holding after transactions
Largest existing option
10,000 underlying shares
Non-Employee Stock Option at $182.21, expiring January 13, 2031
Largest existing option exercise price
$182.21 per share
Exercise price for 10,000-share option grant
Key Terms
Non-Employee Stock Option (right to buy), Grant, award, or other acquisition, exercise price, vest
4 terms
Non-Employee Stock Option (right to buy) financial
"security_title: "Non-Employee Stock Option (right to buy)""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
exercise price financial
"conversion_or_exercise_price: "378.5700""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vest financial
"Footnote: "25% per year for four years.""
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Winmark (WINA) director Gina DeCaro Sprenger report in this Form 4?
Gina DeCaro Sprenger reported a new grant of 356 Non-Employee Stock Options for Winmark common stock. These options are compensation-related awards, not open-market trades, and add to her existing stock and option holdings in the company.
How many new stock options did the Winmark (WINA) director receive and at what price?
She received 356 Non-Employee Stock Options with an exercise price of $378.57 per share. This means she can buy Winmark common stock at $378.57 if she exercises these options once they vest and before they expire.
When do Gina DeCaro Sprenger’s newly granted Winmark (WINA) options vest and expire?
The new 356-option grant vests 25% per year over four years and expires on June 1, 2036. Vesting gradually makes the options exercisable, while the expiration date is the last day she can exercise them.
What existing large Winmark (WINA) option position does the director report?
She reports an existing Non-Employee Stock Option covering 10,000 underlying Winmark common shares with a $182.21 exercise price, expiring January 13, 2031. This position reflects a substantial, previously granted equity incentive that remains outstanding.