STOCK TITAN

Winmark (WINA) grants CFO options to buy 2,420 shares

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WINMARK CORP’s chief financial officer Anthony D. Ishaug reported a new equity compensation award. On June 1, 2026 he received 2,420 Employee Stock Options, each giving the right to buy one share of common stock at an exercise price of $378.57.

These options vest at 25% per year for four years and are scheduled to expire on June 1, 2036, tying a portion of his pay to the company’s long‑term share performance. After the reported update, he directly holds 69,776 shares of common stock plus multiple earlier option grants with various exercise prices and expirations.

Positive

  • None.

Negative

  • None.
Insider Ishaug Anthony D
Role CHIEF FINANCIAL OFFICER
Type Security Shares Price Value
Grant/Award Employee Stock Option (right to buy) 2,420 $378.57 $916K
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 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 -- -- --
Holdings After Transaction: Employee Stock Option (right to buy) — 2,420 shares (Direct, null); Common Stock — 69,776 shares (Direct, null)
Footnotes (1)
  1. [object Object]
New options granted 2,420 options Employee Stock Option grant on June 1, 2026
Option exercise price $378.57 per share Exercise price for 2,420 newly granted options
Common shares held 69,776 shares Direct common stock ownership after reported update
Vesting schedule 25% per year for four years Footnote describes vesting of new option grant
Option grant expiration June 1, 2036 Expiration date for 2,420 newly granted options
Existing option example (high exercise price) 1,712 shares at $444.54 Direct employee stock option position expiring December 15, 2035
Existing option example (lower exercise price) 4,184 shares at $122.50 Direct employee stock option position expiring June 6, 2027
Employee Stock Option (right to buy) financial
"security_title":"Employee Stock Option (right to buy)"
grant, award, or other acquisition financial
"transaction_code_description":"Grant, award, or other acquisition"
underlying security title financial
""underlying_security_title":"Common Stock""
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.
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SEC Form 4
FORM 4UNITED 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*
Ishaug Anthony D

(Last)(First)(Middle)
605 HIGHWAY 169 N
SUITE 400

(Street)
MINNEAPOLIS MINNESOTA 55441

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WINMARK CORP [ WINA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CHIEF FINANCIAL OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock69,776D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy)$378.5706/01/2026A2,42006/01/2027(1)06/01/2036Common Stock2,420$378.572,420D
Employee Stock Option (right to buy)$125.512/12/2017(1)12/12/2026Common Stock6,8006,800D
Employee Stock Option (right to buy)$122.506/01/2018(1)06/06/2027Common Stock4,1844,184D
Employee Stock Option (right to buy)$134.2512/11/2018(1)12/11/2027Common Stock5,0005,000D
Employee Stock Option (right to buy)$143.206/01/2019(1)06/01/2028Common Stock4,3024,302D
Employee Stock Option (right to buy)$15612/11/2019(1)12/11/2028Common Stock5,0005,000D
Employee Stock Option (right to buy)$164.8406/01/2020(1)06/01/2029Common Stock3,3943,394D
Employee Stock Option (right to buy)$176.212/16/2020(1)12/16/2029Common Stock4,0004,000D
Employee Stock Option (right to buy)$143.8706/01/2021(1)06/01/2030Common Stock3,3053,305D
Employee Stock Option (right to buy)$183.8712/14/2021(1)12/14/2030Common Stock4,0004,000D
Employee Stock Option (right to buy)$195.8206/01/2022(1)06/01/2031Common Stock3,4903,490D
Employee Stock Option (right to buy)$261.3212/13/2022(1)12/13/2031Common Stock5,7005,700D
Employee Stock Option (right to buy)$197.806/01/2023(1)06/01/2032Common Stock5,9205,920D
Employee Stock Option (right to buy)$238.612/12/2023(1)12/12/2032Common Stock3,7803,780D
Employee Stock Option (right to buy)$325.9906/01/2024(1)06/01/2033Common Stock2,6002,600D
Employee Stock Option (right to buy)$355.906/01/2025(1)06/01/2034Common Stock2,2602,260D
Employee Stock Option (right to buy)$400.9712/09/2025(1)12/09/2034Common Stock2,0602,060D
Employee Stock Option (right to buy)$424.8206/01/2026(1)06/01/2035Common Stock1,8881,888D
Employee Stock Option (right to buy)$444.5412/15/2026(1)12/15/2035Common Stock1,7121,712D
Explanation of Responses:
1. 25% per year for four years.
/s/ Anthony D. Ishaug06/01/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Winmark (WINA) CFO Anthony Ishaug report in this Form 4?

Winmark CFO Anthony Ishaug reported receiving 2,420 employee stock options at $378.57 per share. The filing also shows his direct ownership of 69,776 common shares plus multiple existing option grants with different exercise prices and expiration dates.

How many stock options were granted to the Winmark (WINA) CFO and at what price?

Anthony Ishaug was granted 2,420 employee stock options with an exercise price of $378.57 per share. Each option represents the right to purchase one share of Winmark common stock if exercised in the future.

How do the new Winmark (WINA) options granted to the CFO vest over time?

The new stock options granted to Winmark CFO Anthony Ishaug vest 25% per year for four years. This schedule gradually delivers full vesting, aligning his long-term incentives with the company’s ongoing performance and retention objectives.

When do the newly granted Winmark (WINA) CFO options expire?

The newly granted stock options to Winmark CFO Anthony Ishaug are scheduled to expire on June 1, 2036. He can choose to exercise them between the vesting dates and this expiration date, subject to the stock plan’s terms and conditions.

How many Winmark (WINA) common shares does the CFO hold after this filing?

After the reported transactions, Winmark CFO Anthony Ishaug directly holds 69,776 shares of common stock. In addition, he holds multiple employee stock option grants, each tied to underlying Winmark common shares at various exercise prices and expiration dates.

What other option positions does the Winmark (WINA) CFO have outstanding?

The filing lists multiple employee stock option grants for the Winmark CFO, with exercise prices such as $444.54 and $122.50 and expirations ranging from 2026 through 2036. Each grant relates to underlying Winmark common shares available upon exercise.