Tomlinson Percy C Jr 4
Research Summary
AI-generated summary
Winmark (WINA) Director Percy C. Tomlinson Jr Sells 1,660 Shares
What Happened
Percy C. Tomlinson Jr., a director of Winmark Corp (WINA), reported a sale of 1,660 shares on 2026-03-03. The shares were disposed of at $460.52 per share for a total value of approximately $764,463. The transaction is reported as an open-market or private sale (code S). Sales are often routine insider liquidity events and do not by themselves indicate a change in the insider’s view of the company.
Key Details
- Transaction date: 2026-03-03
- Price per share: $460.52
- Shares sold: 1,660; total proceeds ≈ $764,463
- Transaction type/code: Sale (S), reported as open-market or private sale
- Shares owned following transaction: Not specified in the provided filing excerpt
- Footnote F1: "25% per year for four years." The filing does not explain this further in the excerpt; it commonly denotes a vesting schedule when attached to awards but the document does not explicitly tie it to this sale.
- Timeliness: Filing date equals transaction date (2026-03-03), indicating the report was filed promptly.
Context: This was a straightforward share sale (not an option exercise, gift, or award). For retail investors, note that isolated insider sales are common and may reflect personal liquidity needs rather than a change in company fundamentals; consider this data alongside other insider activity and company performance.