Form 4: Winmark Director Percy Tomlinson Jr. Reports Acquisition of Common Stock and New Options
Insider Transaction Report
Winmark Corp. Director Percy C. Tomlinson Jr. has reported the acquisition of 200 shares of common stock and 280 non-employee stock options on June 1, 2025, as detailed in a recent SEC Form 4 filing.
Summary
- Percy C. Tomlinson Jr., a Director of Winmark Corp. (WINA), filed a Form 4 on June 2, 2025, reporting transactions that occurred on June 1, 2025.
- The filing indicates the direct acquisition of 200 shares of Winmark Corp. Common Stock.
- Additionally, Mr. Tomlinson acquired 280 Non-Employee Stock Options with an exercise price of $424.82.
- These newly acquired options vest at a rate of 25% per year over four years, become exercisable starting June 1, 2026, and expire on June 1, 2035.
- The filing also details previously held Non-Employee Stock Options, including 7,000 options at $242.58 expiring 12/14/2031, 880 options at $197.80 expiring 06/01/2032, 620 options at $238.60 expiring 12/12/2032, 380 options at $325.99 expiring 06/01/2033, 240 options at $446.68 expiring 12/11/2033, 300 options at $355.90 expiring 06/01/2034, and 300 options at $400.97 expiring 12/09/2034.
Sentiment
Score: 6
Explanation: The filing indicates a routine acquisition of shares and stock options by a director, which is generally viewed as a neutral to slightly positive signal as it aligns insider interests with shareholders.
Positives
- The acquisition of 200 shares of common stock by a director, Percy C. Tomlinson Jr., aligns his interests further with those of shareholders.
- The grant of 280 non-employee stock options incentivizes the director's long-term performance and commitment to the company.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders may view the director's acquisition of common stock and options as a positive signal, indicating alignment of management interests with shareholder value creation.
Key Dates
| Date | Description |
|---|---|
| 2022-12-14 | Transaction date for 7,000 Non-Employee Stock Options with an exercise price of $242.58, exercisable from this date and expiring 12/14/2031. |
| 2023-06-01 | Transaction date for 880 Non-Employee Stock Options with an exercise price of $197.80, exercisable from this date and expiring 06/01/2032. |
| 2023-12-12 | Transaction date for 620 Non-Employee Stock Options with an exercise price of $238.60, exercisable from this date and expiring 12/12/2032. |
| 2024-06-01 | Transaction date for 380 Non-Employee Stock Options with an exercise price of $325.99, exercisable from this date and expiring 06/01/2033. |
| 2024-12-11 | Transaction date for 240 Non-Employee Stock Options with an exercise price of $446.68, exercisable from this date and expiring 12/11/2033. |
| 2025-06-01 | Date of earliest transaction for the acquisition of 200 shares of Common Stock and 280 Non-Employee Stock Options. Also, transaction date for 300 Non-Employee Stock Options with an exercise price of $355.90, exercisable from this date and expiring 06/01/2034. |
| 2025-06-02 | Date the Form 4 was signed and filed by Percy C. Tomlinson, Jr. |
| 2025-12-09 | Transaction date for 300 Non-Employee Stock Options with an exercise price of $400.97, exercisable from this date and expiring 12/09/2034. |
| 2026-06-01 | Date the 280 newly acquired Non-Employee Stock Options become exercisable (vesting begins 25% per year for four years). |
| 2031-12-14 | Expiration date for 7,000 Non-Employee Stock Options granted on 12/14/2022. |
| 2032-06-01 | Expiration date for 880 Non-Employee Stock Options granted on 06/01/2023. |
| 2032-12-12 | Expiration date for 620 Non-Employee Stock Options granted on 12/12/2023. |
| 2033-06-01 | Expiration date for 380 Non-Employee Stock Options granted on 06/01/2024. |
| 2033-12-11 | Expiration date for 240 Non-Employee Stock Options granted on 12/11/2024. |
| 2034-06-01 | Expiration date for 300 Non-Employee Stock Options granted on 06/01/2025. |
| 2034-12-09 | Expiration date for 300 Non-Employee Stock Options granted on 12/09/2025. |
| 2035-06-01 | Expiration date for the 280 newly acquired Non-Employee Stock Options granted on 06/01/2025. |
Keywords
Winmark Corp, WINA, SEC Form 4, Insider Transaction, Stock Options, Beneficial Ownership, Director, Equity Acquisition
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