Winmark Corp Form 4 shows director stock option exercise and sale
Rhea-AI Filing Summary
Winmark Corp (WINA) director reports option exercises and stock sale. A board member filed a Form 4 showing that on 11/19/2025 they exercised stock options for a total of 2,400 shares of common stock in three separate transactions of 800 shares each at exercise prices of $98.25, $125.5, and $122.5.
On 11/21/2025, the director sold 2,400 shares of Winmark common stock at a price of $420.87 per share. After these transactions, the director directly owns 2,500 shares of common stock and continues to hold multiple non-employee stock options covering additional shares of Winmark stock, with various exercise prices and expiration dates. The options noted as footnote (1) vest at a rate of 25% per year for four years.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,400 | $420.87 | $1.01M |
| Exercise | Non-Employee Stock Option (right to buy) | 800 | $98.25 | $79K |
| Exercise | Non-Employee Stock Option (right to buy) | 800 | $125.50 | $100K |
| Exercise | Non-Employee Stock Option (right to buy) | 800 | $122.50 | $98K |
| Exercise | Common Stock | 800 | $98.25 | $79K |
| Exercise | Common Stock | 800 | $125.50 | $100K |
| Exercise | Common Stock | 800 | $122.50 | $98K |
| 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 | 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) | -- | -- | -- |
Footnotes (1)
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FAQ
What insider transaction did Winmark Corp (WINA) report in this Form 4?
The filing shows a Winmark Corp (WINA) director exercised stock options for 2,400 shares of common stock on 11/19/2025 and sold 2,400 shares of common stock on 11/21/2025.
What type of derivatives are reported in the Winmark (WINA) Form 4 filing?
The filing lists several Non-Employee Stock Options (right to buy) on Winmark common stock, each series with its own exercise price, vesting schedule, and expiration date.
What is the vesting schedule for the Winmark (WINA) director stock options noted in the filing?
The options identified with footnote (1) vest at a rate of 25% per year for four years, meaning the director earns the right to exercise one-quarter of each grant annually over four years.
What is the reporting person’s role at Winmark Corp (WINA)?
The reporting person is identified as a Director of Winmark Corp and filed the Form 4 as a single reporting person, not as part of a group.