Winmark COO exercises options for 2,500 shares
WINMARK CORP Chief Operating Officer Renae M. Gaudette exercised employee stock options to acquire 2,500 shares of common stock at $98.25 per share.
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Form Type
4
Rhea-AI Filing Summary
WINMARK CORP Chief Operating Officer Renae M. Gaudette exercised employee stock options to acquire 2,500 shares of common stock at $98.25 per share. Following this derivative exercise, she directly holds 21,360 common shares. The filing also lists multiple remaining option grants with various exercise prices and expiration dates that vest 25% per year for four years.
Insider Trade Summary
2,500 shares exercised/converted
Exercise
20 txns
Insider
Gaudette Renae M.
Role
CHIEF OPERATING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 2,500 | $98.25 | $246K |
| Exercise | Common Stock | 2,500 | $98.25 | $246K |
| 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 | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Options (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) | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 46,064 contracts (Direct);
Common Stock — 21,360 shares (Direct);
Employee Stock Options (Right to Buy) — 2,520 contracts (Direct)
Footnotes (1)
- F1. 25% per year for four years.
Key Figures
Options exercised: 2,500 shares
Exercise price: $98.25 per share
Common shares held after: 21,360 shares
+3 more
6 metrics
Options exercised
2,500 shares
Employee Stock Option exercise coded M on 2026-04-28
Exercise price
$98.25 per share
Price for 2,500-share option exercise into common stock
Common shares held after
21,360 shares
Total WINMARK CORP common stock directly owned post-transaction
Remaining option grant
1,316 underlying shares
Employee Stock Option at $444.54, expiring 2035-12-15
Remaining option grant
4,480 underlying shares
Employee Stock Option at $197.80, expiring 2032-06-01
Exercise activity count
1 derivative exercise
transactionSummary exerciseCount for this Form 4
Key Terms
Employee Stock Option (right to buy), derivative exercise/conversion, underlying security shares, Form 4, +1 more
5 terms
Employee Stock Option (right to buy) financial
"security_title: "Employee Stock Option (right to buy)""
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
exercise price financial
"conversion_or_exercise_price: "98.2500""
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did WINMARK CORP (WINA) COO Renae Gaudette report in this Form 4?
Renae Gaudette reported exercising employee stock options to acquire 2,500 shares of WINMARK CORP common stock at $98.25 per share. The Form 4 also updates her post-transaction holdings and lists multiple remaining option grants with defined exercise prices, expiration dates, and a 25% per-year vesting schedule.
What options did the WINMARK CORP COO exercise in this Form 4 filing?
The COO exercised an Employee Stock Option (right to buy) covering 2,500 underlying shares of WINMARK CORP common stock at an exercise price of $98.25 per share. The option, originally exercisable from June 1, 2017, now shows zero remaining derivative balance after this exercise.
What stock option grants remain outstanding for WINMARK CORP (WINA) COO after this filing?
The filing lists multiple remaining Employee Stock Option grants on WINMARK CORP common stock, with exercise prices such as $444.54, $424.82, $400.97, $355.90, $325.99 and others. Each grant has specified expiration dates extending through 2035 and underlying share amounts ranging from 1,316 to 4,480 shares.
Does the WINMARK CORP Form 4 show any stock sales by the COO?
The Form 4 shows a derivative exercise coded “M” for 2,500 shares and several holdings entries, but no transactions are flagged as sales. The transaction summary reports an exerciseCount of 1 and sellCount of 0, indicating no open-market or other sales in this filing.
How do the vesting terms of WINMARK CORP (WINA) stock options for the COO work?
A footnote states the options vest “25% per year for four years,” describing the vesting schedule for these Employee Stock Option grants. This means each covered grant typically becomes exercisable in four equal annual installments, aligning with the multi-year vesting commonly used in executive equity compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
