Form 4: Winmark Corp Director Tomlinson Acquires Shares and Options
SEC Form 4 Filing
Director Percy C. Tomlinson Jr. reports acquiring common stock and non-employee stock options in Winmark Corp.
Summary
- Percy C. Tomlinson Jr., a director of Winmark Corp, reported a transaction on June 1, 2024.
- Tomlinson acquired 200 shares of common stock.
- He also acquired non-employee stock options to purchase 300 shares of common stock at $355.90, exercisable starting June 1, 2025, and expiring June 1, 2034.
- Tomlinson directly owns options for 7,000 shares (at $242.58, expiring 12/14/2031), 880 shares (at $197.8, expiring 06/01/2032), 620 shares (at $238.6, expiring 12/12/2032), 380 shares (at $325.99, expiring 06/01/2033), and 240 shares (at $446.68, expiring 12/11/2033).
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing of insider activity. The acquisition of shares and options is a mildly positive signal.
Positives
- The director's acquisition of shares and options may signal confidence in the company's future prospects.
Industry Context
Insider transactions are closely watched as indicators of management's view of the company's prospects relative to the current market valuation.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 12/14/2022 | Date of grant for non-employee stock options with an exercise price of $242.58 and an expiration date of 12/14/2031. |
| 06/01/2023 | Date of grant for non-employee stock options with an exercise price of $197.8 and an expiration date of 06/01/2032. |
| 12/12/2023 | Date of grant for non-employee stock options with an exercise price of $238.6 and an expiration date of 12/12/2032. |
| 06/01/2024 | Date of transaction: Acquisition of common stock and non-employee stock options with an exercise price of $355.9 and an expiration date of 06/01/2034. |
| 06/01/2025 | First date the newly acquired options are exercisable. |
| 12/11/2024 | Date of grant for non-employee stock options with an exercise price of $446.68 and an expiration date of 12/11/2033. |
| 12/14/2031 | Expiration date for non-employee stock options with an exercise price of $242.58. |
| 06/01/2032 | Expiration date for non-employee stock options with an exercise price of $197.8. |
| 12/12/2032 | Expiration date for non-employee stock options with an exercise price of $238.6. |
| 12/11/2033 | Expiration date for non-employee stock options with an exercise price of $446.68. |
| 06/01/2034 | Expiration date for non-employee stock options with an exercise price of $355.9. |
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