Form 4: Winmark Corp Director Sells Shares in Recent Transactions

Sentiment:

SEC Form 4 Filing 27 November 2024 4:01 PM

Director Lawrence A. Barbetta sold a total of 3,021 shares of Winmark Corp stock in two transactions on November 25, 2024.

Summary

Lawrence A. Barbetta, a director at Winmark Corp, sold 1,986 shares of common stock at an average price of $425.21 on November 25, 2024.
He also sold 1,035 shares of common stock at an average price of $426.02 on the same day.
Following these transactions, Mr. Barbetta directly owns 1,501 shares of Winmark Corp stock.
Mr. Barbetta also holds multiple non-employee director stock options, which vest 25% per year over four years.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock sales by a director. It doesn't indicate positive or negative sentiment about the company's performance.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who trade company stock. These filings are closely watched by investors for insights into management's view of the company's prospects.

Comparison to Industry Standards

SEC Form 4 filings are a standard practice for publicly traded companies in the United States.
The reported transactions are typical for directors who may periodically sell shares for personal financial management.
The stock option grants are a common form of compensation for non-employee directors.

Stakeholder Impact

The stock sales may have a minor impact on the share price, but are unlikely to have a significant effect on other stakeholders.

Key Dates

Date	Description
12/11/2018	Date of first listed non-employee director stock option grant.
06/01/2019	Date of second listed non-employee director stock option grant.
12/11/2019	Date of third listed non-employee director stock option grant.
06/01/2020	Date of fourth listed non-employee director stock option grant.
12/16/2020	Date of fifth listed non-employee director stock option grant.
06/01/2021	Date of sixth listed non-employee director stock option grant.
12/14/2021	Date of seventh listed non-employee director stock option grant.
06/01/2022	Date of eighth listed non-employee director stock option grant.
12/13/2022	Date of ninth listed non-employee director stock option grant.
06/01/2023	Date of tenth listed non-employee director stock option grant.
12/12/2023	Date of eleventh listed non-employee director stock option grant.
06/01/2024	Date of twelfth listed non-employee director stock option grant.
11/25/2024	Date of the reported stock sales.
12/11/2024	Date of thirteenth listed non-employee director stock option grant.
11/27/2024	Date of the filing of the SEC Form 4.
06/01/2025	Date of fourteenth listed non-employee director stock option grant.

Keywords

Winmark Corp, WINA, stock sale, insider trading, director, Lawrence A. Barbetta, stock options, SEC Form 4

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