Ishaug Anthony D 4
4 · WINMARK CORP · Filed Apr 30, 2026
Research Summary
AI-generated summary of this filing
Winmark (WINA) CFO Anthony Ishaug Exercises Options
What Happened
Anthony D. Ishaug, Chief Financial Officer of Winmark Corp (WINA), exercised options to acquire 3,293 shares at an exercise price of $98.25 per share, representing $323,537 in underlying value. The Form 4 also reports a simultaneous disposition of derivative securities for the same number of shares and dollar amount.
Key Details
- Transaction date: 2026-04-30
- Exercise details: 3,293 shares exercised at $98.25 per share (total $323,537)
- Disposition: Same number (3,293) and dollar amount shown as disposed (derivative) on the same date
- Shares owned after transaction: Not disclosed in the filing
- Footnote: F1 — "25% per year for four years." (noted in the filing)
- Filing timeliness: Report filed with the SEC on 2026-04-30 (no late filing indicated)
Context
The filing shows both an exercise (code M) and a concurrent disposition of derivative securities for the same shares and amount — a pattern commonly seen when options are exercised and the resulting shares are immediately sold or transferred (e.g., cashless exercise or sale-to-cover). The filing is factual and does not state the insider’s purpose for the transactions.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-04-30$98.25/sh+3,293$323,537→ 69,776 total - Exercise/Conversion
Employee Stock Option (right to buy)
[F1]2026-04-30$98.25/sh−3,293$323,537→ 0 totalExercise: $98.25From: 2026-06-01Exp: 2035-06-01→ Common Stock (3,293 underlying)
- 6,800
Employee Stock Option (right to buy)
[F1]Exercise: $125.50From: 2017-12-12Exp: 2026-12-12→ Common Stock (6,800 underlying) - 4,184
Employee Stock Option (right to buy)
[F1]Exercise: $122.50From: 2018-06-01Exp: 2027-06-06→ Common Stock (4,184 underlying) - 5,000
Employee Stock Option (right to buy)
[F1]Exercise: $134.25From: 2018-12-11Exp: 2027-12-11→ Common Stock (5,000 underlying) - 4,302
Employee Stock Option (right to buy)
[F1]Exercise: $143.20From: 2019-06-01Exp: 2028-06-01→ Common Stock (4,302 underlying) - 5,000
Employee Stock Option (right to buy)
[F1]Exercise: $156.00From: 2019-12-11Exp: 2028-12-11→ Common Stock (5,000 underlying) - 3,394
Employee Stock Option (right to buy)
[F1]Exercise: $164.84From: 2020-06-01Exp: 2029-06-01→ Common Stock (3,394 underlying) - 4,000
Employee Stock Option (right to buy)
[F1]Exercise: $176.20From: 2020-12-16Exp: 2029-12-16→ Common Stock (4,000 underlying) - 3,305
Employee Stock Option (right to buy)
[F1]Exercise: $143.87From: 2021-06-01Exp: 2030-06-01→ Common Stock (3,305 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) - 5,700
Employee Stock Option (right to buy)
[F1]Exercise: $261.32From: 2022-12-13Exp: 2031-12-13→ Common Stock (5,700 underlying) - 5,920
Employee Stock Option (right to buy)
[F1]Exercise: $197.80From: 2023-06-01Exp: 2032-06-01→ Common Stock (5,920 underlying) - 3,780
Employee Stock Option (right to buy)
[F1]Exercise: $238.60From: 2023-12-12Exp: 2032-12-12→ Common Stock (3,780 underlying) - 2,600
Employee Stock Option (right to buy)
[F1]Exercise: $325.99From: 2024-06-01Exp: 2033-06-01→ Common Stock (2,600 underlying) - 2,260
Employee Stock Option (right to buy)
[F1]Exercise: $355.90From: 2025-06-01Exp: 2034-06-01→ Common Stock (2,260 underlying) - 2,060
Employee Stock Option (right to buy)
[F1]Exercise: $400.97From: 2025-12-09Exp: 2034-12-09→ Common Stock (2,060 underlying) - 1,888
Employee Stock Option (right to buy)
[F1]Exercise: $424.82From: 2026-06-01Exp: 2035-06-01→ Common Stock (1,888 underlying) - 1,712
Employee Stock Option (right to buy)
[F1]Exercise: $444.54From: 2026-12-15Exp: 2035-12-15→ Common Stock (1,712 underlying)
Footnotes (1)
- [F1]25% per year for four years.