HEFFES BRETT D 4
4 · WINMARK CORP · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Winmark (WINA) CEO Brett Heffes Receives $1.75M Stock Award
What Happened
Brett D. Heffes, Chair and CEO of Winmark Corp (WINA), was granted a derivative award on 2026-06-01 of 4,620 shares at a reported per-share value of $378.57, totaling $1,748,993. The filing is coded as an "A" (award/acquisition) and reflects a grant of a derivative security (commonly restricted stock units or similar), not an open-market purchase.
Key Details
- Transaction date and value: 2026-06-01 — 4,620 shares × $378.57 = $1,748,993 (award, derivative).
- Transaction code: A (award/acquisition of a derivative security).
- Vesting: Footnote F1 — vests 25% per year for four years.
- Shares owned after transaction: Not specified in the provided filing details.
- Filing timeliness: Reported/Filed on 2026-06-01 (same date as the transaction), indicating a timely filing.
Context
This was an award of derivative shares (likely restricted stock units or similar) that convert to common shares upon vesting; no immediate open-market purchase or sale occurred. Because vesting is spread over four years, the award aligns long-term executive compensation with shareholder outcomes but does not by itself indicate a near-term buying or selling signal.
Insider Transaction Report
- Award
Employee Stock Option (right to buy)
[F1]2026-06-01$378.57/sh+4,620$1,748,993→ 4,620 totalExercise: $378.57From: 2027-06-01Exp: 2036-06-01→ Common Stock (4,620 underlying)
- 114,400
Common Stock
- 338(indirect: by family office)
Common Stock
- 1,897
Employee Stock Option (right to buy)
[F1]Exercise: $176.20From: 2020-12-16Exp: 2029-12-16→ Common Stock (1,897 underlying) - 4,000
Employee Stock Option (right to buy)
[F1]Exercise: $183.87From: 2021-12-14Exp: 2030-12-14→ Common Stock (4,000 underlying) - 3,490
Employee Stock Option (right to buy)
[F1]Exercise: $195.82From: 2022-06-01Exp: 2031-06-01→ Common Stock (3,490 underlying) - 11,100
Employee Stock Option (right to buy)
[F1]Exercise: $261.32From: 2022-12-13Exp: 2031-12-13→ Common Stock (11,100 underlying) - 9,360
Employee Stock Option (right to buy)
[F1]Exercise: $197.80From: 2023-06-01Exp: 2032-06-01→ Common Stock (9,360 underlying) - 5,740
Employee Stock Option (right to buy)
[F1]Exercise: $238.60From: 2023-12-12Exp: 2032-12-12→ Common Stock (5,740 underlying) - 4,120
Employee Stock Option (right to buy)
[F1]Exercise: $325.99From: 2024-06-01Exp: 2033-06-01→ Common Stock (4,120 underlying) - 3,580
Employee Stock Option (right to buy)
[F1]Exercise: $355.90From: 2025-06-01Exp: 2034-06-01→ Common Stock (3,580 underlying) - 3,260
Employee Stock Option (right to buy)
[F1]Exercise: $400.97From: 2025-12-09Exp: 2034-12-09→ Common Stock (3,260 underlying) - 2,984
Employee Stock Option (right to buy)
[F1]Exercise: $424.82From: 2026-06-01Exp: 2035-06-01→ Common Stock (2,984 underlying) - 2,712
Employee Stock Option (right to buy)
[F1]Exercise: $444.54From: 2026-12-15Exp: 2035-12-15→ Common Stock (2,712 underlying)
Footnotes (1)
- [F1]25% per year for four years.