HEFFES BRETT D 4

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.