WINMARK CORP·4

Jun 1, 5:38 PM ET

HEFFES BRETT D 4

4 · WINMARK CORP · Filed Jun 1, 2026

Research Summary

AI-generated summary of this filing

Updated

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

Form 4
Period: 2026-06-01
HEFFES BRETT D
DirectorCHAIR AND CEO
Transactions
  • Award

    Employee Stock Option (right to buy)

    [F1]
    2026-06-01$378.57/sh+4,620$1,748,9934,620 total
    Exercise: $378.57From: 2027-06-01Exp: 2036-06-01Common Stock (4,620 underlying)
Holdings
  • Common Stock

    114,400
  • Common Stock

    (indirect: by family office)
    338
  • Employee Stock Option (right to buy)

    [F1]
    Exercise: $176.20From: 2020-12-16Exp: 2029-12-16Common Stock (1,897 underlying)
    1,897
  • Employee Stock Option (right to buy)

    [F1]
    Exercise: $183.87From: 2021-12-14Exp: 2030-12-14Common Stock (4,000 underlying)
    4,000
  • Employee Stock Option (right to buy)

    [F1]
    Exercise: $195.82From: 2022-06-01Exp: 2031-06-01Common Stock (3,490 underlying)
    3,490
  • Employee Stock Option (right to buy)

    [F1]
    Exercise: $261.32From: 2022-12-13Exp: 2031-12-13Common Stock (11,100 underlying)
    11,100
  • Employee Stock Option (right to buy)

    [F1]
    Exercise: $197.80From: 2023-06-01Exp: 2032-06-01Common Stock (9,360 underlying)
    9,360
  • Employee Stock Option (right to buy)

    [F1]
    Exercise: $238.60From: 2023-12-12Exp: 2032-12-12Common Stock (5,740 underlying)
    5,740
  • Employee Stock Option (right to buy)

    [F1]
    Exercise: $325.99From: 2024-06-01Exp: 2033-06-01Common Stock (4,120 underlying)
    4,120
  • Employee Stock Option (right to buy)

    [F1]
    Exercise: $355.90From: 2025-06-01Exp: 2034-06-01Common Stock (3,580 underlying)
    3,580
  • Employee Stock Option (right to buy)

    [F1]
    Exercise: $400.97From: 2025-12-09Exp: 2034-12-09Common Stock (3,260 underlying)
    3,260
  • Employee Stock Option (right to buy)

    [F1]
    Exercise: $424.82From: 2026-06-01Exp: 2035-06-01Common Stock (2,984 underlying)
    2,984
  • Employee Stock Option (right to buy)

    [F1]
    Exercise: $444.54From: 2026-12-15Exp: 2035-12-15Common Stock (2,712 underlying)
    2,712
Footnotes (1)
  • [F1]25% per year for four years.
Signature
/s/ Brett D. Heffes|2026-06-01

Documents

1 file
  • 4
    form4-06012026_090614.xmlPrimary