Form 4: Winmark Corp COO Renae Gaudette Reports New Stock Option Grant and Updated Holdings
Insider Ownership Report
Winmark Corp's Chief Operating Officer, Renae M. Gaudette, has reported the acquisition of 1,448 new employee stock options and updated her total beneficial ownership of common stock and various option grants.
Summary
- Renae M. Gaudette, Chief Operating Officer of Winmark Corp (WINA), reported her beneficial ownership of company securities as of June 1, 2025.
- Ms. Gaudette directly owns 17,560 shares of Winmark Corp Common Stock.
- She acquired 1,448 new employee stock options on June 1, 2025, with an exercise price of $424.82.
- These newly acquired options become exercisable starting June 1, 2026, and are set to expire on June 1, 2035, vesting at 25% per year over four years.
- Ms. Gaudette holds a total of 46,298 employee stock options from various grants dating back to December 2016, with exercise prices ranging from $90.99 to $424.82.
Sentiment
Score: 5
Explanation: The document is a routine SEC Form 4 filing reporting an insider's beneficial ownership and a new stock option grant. It contains no positive or negative operational or financial news, thus a neutral sentiment score is appropriate.
Positives
- The grant of 1,448 new employee stock options to the Chief Operating Officer aligns her interests with long-term shareholder value.
- The significant total number of employee stock options held by the COO (46,298) indicates a strong vested interest in the company's future performance and growth.
Future Outlook
This Form 4 filing details an insider's current holdings and recent stock option grant, which are part of executive compensation. It does not provide forward-looking statements or guidance on the company's operational or financial performance.
Industry Context
This filing is a routine disclosure of insider ownership and compensation, common across all publicly traded companies. It does not provide specific industry context or trends for Winmark Corp's business operations.
Stakeholder Impact
- Shareholders: Provides transparency regarding executive ownership and alignment of interests through stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| 12/14/2016 | Grant date for Employee Stock Option with exercise price $90.99, expiring 12/14/2025. |
| 06/01/2017 | Grant date for Employee Stock Option with exercise price $98.25, expiring 06/01/2026. |
| 12/12/2017 | Grant date for Employee Stock Option with exercise price $125.50, expiring 12/12/2026. |
| 06/01/2018 | Grant date for Employee Stock Option with exercise price $122.50, expiring 06/01/2027. |
| 12/11/2018 | Grant date for Employee Stock Option with exercise price $134.25, expiring 12/11/2027. |
| 06/01/2019 | Grant date for Employee Stock Option with exercise price $143.20, expiring 06/01/2028. |
| 12/11/2019 | Grant date for Employee Stock Option with exercise price $156.00, expiring 12/11/2028. |
| 06/01/2020 | Grant date for Employee Stock Option with exercise price $164.84, expiring 06/01/2029. |
| 12/16/2020 | Grant date for Employee Stock Option with exercise price $176.20, expiring 12/16/2029. |
| 06/01/2021 | Grant date for Employee Stock Option with exercise price $143.87, expiring 06/01/2030. |
| 12/14/2021 | Grant date for Employee Stock Option with exercise price $183.87, expiring 12/14/2030. |
| 06/01/2022 | Grant date for Employee Stock Option with exercise price $195.82, expiring 06/01/2031. |
| 12/13/2022 | Grant date for Employee Stock Option with exercise price $261.32, expiring 12/13/2031. |
| 06/01/2023 | Grant date for Employee Stock Option with exercise price $197.80, expiring 06/01/2032. |
| 12/12/2023 | Grant date for Employee Stock Option with exercise price $238.60, expiring 12/12/2032. |
| 06/01/2024 | Grant date for Employee Stock Option with exercise price $325.99, expiring 06/01/2033. |
| 06/01/2025 | Transaction date for acquisition of 1,448 new Employee Stock Options with exercise price $424.82, exercisable from 06/01/2026, expiring 06/01/2035. Also grant date for Employee Stock Option with exercise price $355.90, expiring 06/01/2034. |
| 12/09/2025 | Grant date for Employee Stock Option with exercise price $400.97, expiring 12/09/2034. |
Keywords
Winmark Corp, WINA, SEC Form 4, Insider Trading, Beneficial Ownership, Stock Options, Employee Stock Option, Chief Operating Officer, Renae Gaudette, Executive Compensation
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