WINA.NASDAQWinmark CORP

Form 4: Winmark Corp Executive Exercises Stock Options, Acquires Shares

Sentiment:

SEC Form 4


Renae M. Gaudette, Chief Operating Officer of Winmark Corp, exercised stock options to acquire 2,500 shares of common stock at $91.93 per share on April 28, 2025.

Summary

  • On April 28, 2025, Renae M. Gaudette, the Chief Operating Officer of Winmark Corp, exercised employee stock options.
  • This transaction resulted in the acquisition of 2,500 shares of Winmark Corp common stock at a price of $91.93 per share.
  • Following the transaction, Gaudette directly owns 17,560 shares of Winmark Corp common stock.
  • Gaudette also holds various employee stock options with different exercise prices and expiration dates, entitling her to purchase additional shares of common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to stock option exercises. The COO exercising options suggests confidence, but it's not overwhelmingly positive.

Positives

  • The exercise of stock options by a company executive 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. This filing indicates the COO's continued investment in the company.

Comparison to Industry Standards

  • Executive compensation packages often include stock options to align management's interests with those of shareholders.
  • The vesting schedule of 25% per year for four years is a common practice in the industry.
  • Comparing the exercise price and expiration dates of these options to those of executives at similar companies (e.g., retail or franchise businesses) could provide further context.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a key executive.

Key Dates

DateDescription
06/01/2016Date from which employee stock options become exercisable (25% per year for four years) for options with an exercise price of $91.93.
12/14/2016Date from which employee stock options become exercisable (25% per year for four years) for options with an exercise price of $90.99.
06/01/2017Date from which employee stock options become exercisable (25% per year for four years) for options with an exercise price of $98.25.
12/12/2017Date from which employee stock options become exercisable (25% per year for four years) for options with an exercise price of $125.5.
06/01/2018Date from which employee stock options become exercisable (25% per year for four years) for options with an exercise price of $122.5.
12/11/2018Date from which employee stock options become exercisable (25% per year for four years) for options with an exercise price of $134.25.
06/01/2019Date from which employee stock options become exercisable (25% per year for four years) for options with an exercise price of $143.2.
12/11/2019Date from which employee stock options become exercisable (25% per year for four years) for options with an exercise price of $156.
06/01/2020Date from which employee stock options become exercisable (25% per year for four years) for options with an exercise price of $164.84.
12/16/2020Date from which employee stock options become exercisable (25% per year for four years) for options with an exercise price of $176.2.
06/01/2021Date from which employee stock options become exercisable (25% per year for four years) for options with an exercise price of $143.87.
12/14/2021Date from which employee stock options become exercisable (25% per year for four years) for options with an exercise price of $183.87.
06/01/2022Date from which employee stock options become exercisable (25% per year for four years) for options with an exercise price of $195.82.
12/13/2022Date from which employee stock options become exercisable (25% per year for four years) for options with an exercise price of $261.32.
06/01/2023Date from which employee stock options become exercisable (25% per year for four years) for options with an exercise price of $197.8.
12/12/2023Date from which employee stock options become exercisable (25% per year for four years) for options with an exercise price of $238.6.
06/01/2024Date from which employee stock options become exercisable (25% per year for four years) for options with an exercise price of $325.99.
06/01/2025Date from which employee stock options become exercisable (25% per year for four years) for options with an exercise price of $355.9 and the date of the reported transaction.
12/09/2025Date from which employee stock options become exercisable (25% per year for four years) for options with an exercise price of $400.97.
04/28/2025Date of the transaction: Renae M. Gaudette exercised stock options.
06/01/2025Expiration date of employee stock options with an exercise price of $91.93.
12/14/2025Expiration date of employee stock options with an exercise price of $90.99.
06/01/2026Expiration date of employee stock options with an exercise price of $98.25.
12/12/2026Expiration date of employee stock options with an exercise price of $125.5.
06/01/2027Expiration date of employee stock options with an exercise price of $122.5.
12/11/2027Expiration date of employee stock options with an exercise price of $134.25.
06/01/2028Expiration date of employee stock options with an exercise price of $143.2.
12/11/2028Expiration date of employee stock options with an exercise price of $156.
06/01/2029Expiration date of employee stock options with an exercise price of $164.84.
12/16/2029Expiration date of employee stock options with an exercise price of $176.2.
06/01/2030Expiration date of employee stock options with an exercise price of $143.87.
12/14/2030Expiration date of employee stock options with an exercise price of $183.87.
06/01/2031Expiration date of employee stock options with an exercise price of $195.82.
12/13/2031Expiration date of employee stock options with an exercise price of $261.32.
06/01/2032Expiration date of employee stock options with an exercise price of $197.8.
12/12/2032Expiration date of employee stock options with an exercise price of $238.6.
06/01/2033Expiration date of employee stock options with an exercise price of $325.99.
06/01/2034Expiration date of employee stock options with an exercise price of $355.9.
12/09/2034Expiration date of employee stock options with an exercise price of $400.97.

Keywords

Winmark Corp, Stock Options, Form 4, Executive Compensation, Beneficial Ownership, Securities Exchange Act, Gaudette, WINA

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