Form 4: Winmark CFO Exercises Options and Sells Shares to Cover Costs
SEC Form 4
Anthony D. Ishaug, CFO of Winmark Corporation, exercised employee stock options and sold a portion of the acquired shares to cover the exercise price and associated taxes on April 22, 2024.
Summary
- On April 22, 2024, Anthony D. Ishaug, the Chief Financial Officer of Winmark Corporation, executed transactions involving the company's stock.
- Ishaug exercised employee stock options to acquire 4,000 shares at $80.32 and 2,992 shares at $66.29.
- Concurrently, Ishaug sold a total of 4,000 shares in multiple transactions at prices ranging from $381.22 to $390.13.
- These sales were conducted to cover the costs associated with exercising the stock options, including the exercise price and taxes.
- Following these transactions, Ishaug directly owns 54,775 shares of Winmark Corporation.
Sentiment
Score: 5
Explanation: This is a neutral filing reflecting routine transactions. It doesn't indicate any specific positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, which is common for publicly traded companies. Insiders often exercise stock options and sell a portion of the shares to cover the costs.
Key Dates
| Date | Description |
|---|---|
| 04/22/2023 | Date of earliest transaction reported in the filing. |
| 06/01/2015 | Date exercisable for some employee stock options. |
| 12/15/2015 | Date exercisable for some employee stock options. |
| 06/01/2016 | Date exercisable for some employee stock options. |
| 12/14/2016 | Date exercisable for some employee stock options. |
| 06/01/2017 | Date exercisable for some employee stock options. |
| 12/12/2017 | Date exercisable for some employee stock options. |
| 06/01/2018 | Date exercisable for some employee stock options. |
| 12/11/2018 | Date exercisable for some employee stock options. |
| 06/01/2019 | Date exercisable for some employee stock options. |
| 12/11/2019 | Date exercisable for some employee stock options. |
| 06/01/2020 | Date exercisable for some employee stock options. |
| 12/16/2020 | Date exercisable for some employee stock options. |
| 06/01/2021 | Date exercisable for some employee stock options. |
| 12/14/2021 | Date exercisable for some employee stock options. |
| 06/01/2022 | Date exercisable for some employee stock options. |
| 12/13/2022 | Date exercisable for some employee stock options. |
| 06/01/2023 | Date exercisable for some employee stock options. |
| 12/12/2023 | Date exercisable for some employee stock options. |
| 04/22/2024 | Date of stock option exercise and share sales. |
| 04/24/2024 | Date of signature on the Form 4 filing. |
| 06/01/2024 | Expiration date for some employee stock options. |
| 12/15/2024 | Expiration date for some employee stock options. |
| 06/01/2025 | Expiration date for some employee stock options. |
| 12/14/2025 | Expiration date for some employee stock options. |
| 06/01/2026 | Expiration date for some employee stock options. |
| 12/12/2026 | Expiration date for some employee stock options. |
| 06/06/2027 | Expiration date for some employee stock options. |
| 12/11/2027 | Expiration date for some employee stock options. |
| 06/01/2028 | Expiration date for some employee stock options. |
| 12/11/2028 | Expiration date for some employee stock options. |
| 06/01/2029 | Expiration date for some employee stock options. |
| 12/16/2029 | Expiration date for some employee stock options. |
| 06/01/2030 | Expiration date for some employee stock options. |
| 12/14/2030 | Expiration date for some employee stock options. |
| 06/01/2031 | Expiration date for some employee stock options. |
| 12/13/2031 | Expiration date for some employee stock options. |
| 06/01/2032 | Expiration date for some employee stock options. |
| 12/12/2032 | Expiration date for some employee stock options. |
| 06/01/2033 | Expiration date for some employee stock options. |
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