STOCK TITAN

Winmark (WINA) director granted 356 stock options at $378.57 strike

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WINMARK CORP director Lawrence A. Barbetta reported a new compensation award of stock options. On 2026-06-01, he received a grant of 356 Non-Employee Director 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 2036-06-01. After this filing, he directly holds 649 shares of common stock and multiple option awards with various exercise prices and expiration dates.

Positive

  • None.

Negative

  • None.
Insider Barbetta Lawrence A
Role null
Type Security Shares Price Value
Grant/Award Non-Employee Director Stock Option (right to buy) 356 $378.57 $135K
holding Non-Employee Director Stock Option (right to buy) -- -- --
holding Non-Employee Director Stock Option (right to buy) -- -- --
holding Non-Employee Director Stock Option (right to buy) -- -- --
holding Non-Employee Director Stock Option (right to buy) -- -- --
holding Non-Employee Director Stock Option (right to buy) -- -- --
holding Non-Employee Director Stock Option (right to buy) -- -- --
holding Non-Employee Director Stock Option (right to buy) -- -- --
holding Non-Employee Director Stock Option (right to buy) -- -- --
holding Non-Employee Stock Option (right to buy) -- -- --
holding Non-Employee Stock Option (right to buy) -- -- --
holding Non-Employee Director Stock Option (right to buy) -- -- --
holding Non-Employee Director Stock Option (right to buy) -- -- --
holding Non-Employee Director Stock Option (right to buy) -- -- --
holding Non-Employee Director Stock Option (right to buy) -- -- --
holding Non-Employee Director Stock Option (right to buy) -- -- --
holding Non-Employee Director Stock Option (right to buy) -- -- --
holding Non-Employee Director Stock Option (right to buy) -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Non-Employee Director Stock Option (right to buy) — 356 shares (Direct, null); Non-Employee Stock Option (right to buy) — 750 shares (Direct, null); Common Stock — 649 shares (Direct, null)
Footnotes (1)
  1. [object Object]
New option grant size 356 options Non-Employee Director Stock Option grant on June 1, 2026
New option exercise price $378.57 per share Exercise price for 356-option grant expiring June 1, 2036
Shares held after filing 649 shares Direct common stock holdings following reported transactions
Large option position 880 underlying shares Non-Employee Stock Option at $197.80, expiring June 1, 2032
Additional option position 620 underlying shares Non-Employee Director Stock Option at $238.60, expiring December 12, 2032
Non-Employee Director Stock Option (right to buy) financial
"security_title lists Non-Employee Director Stock Option (right to buy) as the derivative security."
grant/award acquisition financial
"transaction_action is described as grant/award acquisition for the new option grant."
exercise price financial
"conversion_or_exercise_price shows the option exercise price, such as 378.5700 per share."
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.
underlying security shares financial
"underlying_security_shares indicates how many common shares each option award covers."
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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*
Barbetta Lawrence A

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
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 Stock649D
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
Non-Employee Director Stock Option (right to buy)$378.5706/01/2026A35606/01/2027(1)06/01/2036Common Stock356$378.57356D
Non-Employee Director Stock Option (right to buy)$134.2512/11/2018(1)12/11/2027Common Stock200200D
Non-Employee Director Stock Option (right to buy)$143.206/01/2019(1)06/01/2028Common Stock200200D
Non-Employee Director Stock Option (right to buy)$15612/11/2019(1)12/11/2028Common Stock400400D
Non-Employee Director Stock Option (right to buy)$164.8406/01/2020(1)06/01/2029Common Stock375375D
Non-Employee Director Stock Option (right to buy)$176.212/16/2020(1)12/16/2029Common Stock563563D
Non-Employee Director Stock Option (right to buy)$143.8706/01/2021(1)06/01/2030Common Stock563563D
Non-Employee Director Stock Option (right to buy)$183.8712/14/2021(1)12/14/2030Common Stock750750D
Non-Employee Director Stock Option (right to buy)$195.8206/01/2022(1)06/01/2031Common Stock750750D
Non-Employee Stock Option (right to buy)$261.3212/13/2022(1)12/13/2031Common Stock750750D
Non-Employee Stock Option (right to buy)$197.806/01/2023(1)06/01/2032Common Stock880880D
Non-Employee Director Stock Option (right to buy)$238.612/12/2023(1)12/12/2032Common Stock620620D
Non-Employee Director Stock Option (right to buy)$325.9906/01/2024(1)06/01/2033Common Stock380380D
Non-Employee Director Stock Option (right to buy)$446.6812/11/2024(1)12/11/2033Common Stock240240D
Non-Employee Director Stock Option (right to buy)$355.906/01/2025(1)06/01/2034Common Stock300300D
Non-Employee Director Stock Option (right to buy)$400.9712/09/2025(1)12/09/2034Common Stock300300D
Non-Employee Director Stock Option (right to buy)$424.8206/01/2026(1)06/01/2035Common Stock280280D
Non-Employee Director Stock Option (right to buy)$444.5412/15/2026(1)12/15/2035Common Stock256256D
Explanation of Responses:
1. 25% per year for four years.
/s/ Lawrance A. Barbetta06/03/2026
** 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) director Lawrence A. Barbetta report in this Form 4?

Lawrence A. Barbetta reported receiving a grant of 356 Non-Employee Director Stock Options. These options allow him to buy Winmark common stock at an exercise price of $378.57 per share and represent a standard compensation-related equity award rather than an open-market trade.

What are the key terms of Lawrence Barbetta’s new Winmark (WINA) stock option grant?

The new grant covers 356 options with an exercise price of $378.57 per share. The award vests 25% per year over four years and expires on June 1, 2036, giving long-term potential exposure to Winmark’s common stock performance.

Did Lawrence Barbetta buy or sell any Winmark (WINA) shares in the market?

The filing does not show any open-market purchases or sales of Winmark common stock. It reports a grant of 356 non-employee director stock options as compensation and lists existing direct holdings and option positions without indicating market trading activity.

How many Winmark (WINA) common shares does Lawrence Barbetta hold after this Form 4?

After the reported transactions, Lawrence Barbetta directly holds 649 shares of Winmark common stock. In addition, he holds multiple non-employee director stock option awards covering various numbers of underlying shares at different exercise prices and expiration dates.

What other Winmark (WINA) stock options does Lawrence Barbetta have outstanding?

Barbetta has several outstanding non-employee director stock options, including grants with exercise prices such as $197.80, $238.60 and $444.54 per share. These options cover underlying share amounts ranging from 200 to 880 shares and have expiration dates between 2027 and 2035.