Form 4: Winmark Corp Director Sprenger Acquires Stock Options
SEC Form 4 Filing
Gina De Caro Sprenger, a director at Winmark Corp, reported the acquisition of non-employee stock options on June 1, 2024.
Summary
- On June 3, 2024, Gina De Caro Sprenger, a director of Winmark Corp, filed a Form 4 with the SEC.
- The filing reports the acquisition of 300 non-employee stock options with an exercise price of $355.90 on June 1, 2024.
- These options vest 25% per year for four years, with an expiration date of June 1, 2034.
- Sprenger also holds other non-employee stock options acquired in previous years at various exercise prices and expiration dates.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating a director's acquisition of stock options, which can be interpreted as a sign of confidence, but it doesn't provide enough information to strongly skew positive or negative.
Positives
- The acquisition of stock options by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The acquisition of stock options by a director could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 01/13/2022 | Grant date of non-employee stock options with an exercise price of $182.21. |
| 06/01/2022 | Grant date of non-employee stock options with an exercise price of $195.82. |
| 12/13/2022 | Grant date of non-employee stock options with an exercise price of $261.32. |
| 06/01/2023 | Grant date of non-employee stock options with an exercise price of $197.80. |
| 12/12/2023 | Grant date of non-employee stock options with an exercise price of $238.60. |
| 06/01/2024 | Transaction date of the reported acquisition of 300 non-employee stock options with an exercise price of $355.90. |
| 12/11/2024 | Grant date of non-employee stock options with an exercise price of $446.68. |
| 06/01/2034 | Expiration date of the non-employee stock options acquired on June 1, 2024. |
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