Form 4: Winmark Corp Director Exercises Stock Options and Sells Shares

Director Jenele C. Grassle exercised stock options and sold Winmark Corp shares on May 12, 2025.

Summary

• On May 12, 2025, Jenele C. Grassle, a director of Winmark Corp, exercised non-employee stock options to acquire 800 shares of common stock at prices of $91.93 and $90.99.
• Following the exercise of these options, Grassle sold 800 shares at $91.93 and 800 shares at $90.99.
• After these transactions, Grassle directly owns 4,100 shares of Winmark Corp common stock.
• Grassle also holds various non-employee stock options with exercise prices ranging from $98.25 to $446.68 and expiration dates extending to December 9, 2034.
• These options represent the right to buy varying amounts of common stock, with vesting schedules of 25% per year for four years.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock option exercises and sales by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider transactions.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. Investors often monitor these filings to gain insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates

Keywords

Winmark Corp, Director, Stock Options, Form 4, WINA, Jenele C. Grassle, Insider Trading, Securities Exchange Act