Winmark CEO granted 4,620 stock options
WINMARK CORP chair and CEO Brett D. Heffes reported a new grant of 4,620 employee stock options for common stock on June 1, 2026.
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Form Type
4
Rhea-AI Filing Summary
WINMARK CORP chair and CEO Brett D. Heffes reported a new grant of 4,620 employee stock options for common stock on June 1, 2026. The options have an exercise price of $378.57 per share, vest 25% per year for four years, and expire on June 1, 2036.
After this grant, Heffes holds 114,400 shares of common stock directly and 338 shares indirectly through a family office. He also retains multiple outstanding option awards with exercise prices between $176.20 and $444.54 per share and expiration dates from 2029 through 2036.
Insider Trade Summary
Grant/Award: 4,620 shares
Grant/Award
14 txns
Insider
HEFFES BRETT D
Role
CHAIR AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 4,620 | $378.57 | $1.75M |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 56,863 contracts for 52,243 underlying shares (Direct);
Common Stock — 114,400 shares (Direct);
Common Stock — 338 shares (Indirect, by family office)
Footnotes (1)
- F1. 25% per year for four years.
Key Figures
New options granted: 4,620 options
Exercise price of new grant: $378.57/share
New grant expiration: June 1, 2036
+5 more
8 metrics
New options granted
4,620 options
Employee Stock Option grant on June 1, 2026
Exercise price of new grant
$378.57/share
Employee Stock Option exercise price for 4,620 options
New grant expiration
June 1, 2036
Expiration date of 4,620 stock options
Direct common shares held
114,400 shares
Common Stock directly owned after reported transactions
Indirect common shares held
338 shares
Common Stock held indirectly by family office
Lowest existing option strike
$176.20/share
Employee Stock Option exercise price expiring December 16, 2029
Highest existing option strike
$444.54/share
Employee Stock Option exercise price expiring December 15, 2035
Largest existing option block
11,100 options
Underlying shares at $261.32 strike, expiring December 13, 2031
Key Terms
Employee Stock Option (right to buy), exercise price, expiration date, indirect ownership, +2 more
6 terms
Employee Stock Option (right to buy) financial
"security_title: "Employee Stock Option (right to buy)""
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.
expiration date financial
"expiration_date: "2036-06-01T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
indirect ownership financial
"direct_or_indirect: "I", nature_of_ownership: "by family office""
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
25% per year for four years financial
"footnote: "25% per year for four years.""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did WINMARK (WINA) CEO Brett Heffes report in this Form 4?
Brett Heffes reported receiving a grant of 4,620 employee stock options. These options give him the right to buy WINMARK common stock at $378.57 per share, with vesting over four years and an expiration date in 2036.
How many stock options were granted to the WINMARK (WINA) CEO and at what price?
The CEO received 4,620 employee stock options at an exercise price of $378.57 per share. Each option allows the purchase of one share of WINMARK common stock, subject to vesting and the stated expiration date.
When do Brett Heffes’s new WINMARK (WINA) options vest and expire?
The new options vest 25% per year for four years, starting after the grant date. They have an expiration date of June 1, 2036, after which any unexercised options will no longer be exercisable.
What other WINMARK (WINA) stock options does Brett Heffes hold?
The filing lists several existing employee stock option awards on WINMARK common stock. Exercise prices range from $176.20 to $444.54 per share, with expiration dates spanning from 2029 through 2035, alongside the new 2036-dated grant.
Is this WINMARK (WINA) Form 4 mainly a purchase or a compensation grant?
This Form 4 primarily reports a compensation-related stock option grant, not an open-market share purchase or sale. The 4,620 employee stock options are classified as a grant or award, reflecting ongoing equity-based compensation for the CEO.
AI-generated analysis. How Rhea-AI works. Not financial advice.
