WINMARK CORP·4

Jun 3, 4:00 PM ET

Barbetta Lawrence A 4

Research Summary

AI-generated summary

Updated

Winmark (WINA) Director Lawrence A. Barbetta Receives 356-Share Award

What Happened
Lawrence A. Barbetta, a director of Winmark Corp (WINA), was granted 356 derivative shares on 2026-06-01 at a reported price of $378.57 per share, a total reported value of $134,771. This filing reports an award/acquisition (not a sale) — an equity grant that increases insider ownership rather than a disposition.

Key Details

  • Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (filed within the usual two-business-day window).
  • Grant: 356 derivative shares at $378.57 per share; total reported value $134,771.
  • Shares owned after transaction: Not specified in this filing.
  • Footnote: F1 — vests 25% per year for four years (standard four-year vesting schedule).
  • Transaction type: "A" (award/acquisition) of derivative securities (typical forms include restricted stock or RSUs).

Context
This is an award of derivative securities that will vest over time (25% annually). Such grants are typically part of long-term incentive compensation to align insiders with shareholders; they do not represent an immediate market purchase or sale. The filing is procedural and timely; it does not, by itself, indicate the insider’s short-term view on the stock.