Pack Michael E 4

What Happened
Michael E. Pack, a director of Winnebago Industries, received a grant of 565 deferred stock units on February 27, 2026. The units are reported at $39.89 per share for a total reported value of $22,538. This transaction is an award/acquisition (code A) of derivative securities under the company's director compensation program rather than an open-market purchase.

Key Details

• Transaction date: 2026-02-27; reported price: $39.89; total reported value: $22,538.
• Transaction type: Award/Grant of Deferred Stock Units (derivative securities).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Deferred Stock Units are accrued under the Directors Deferred Compensation Plan and will be settled 100% in Winnebago common stock upon the director's termination of service, death, disability, or a change in control per the plan (see footnote F1).
• Filing timeliness: Reported on Form 4 filed 2026-03-03 (transaction date 2026-02-27); filing appears timely.

Context
Deferred stock units are a form of director compensation that convert to actual shares only upon specified events (e.g., leaving the board or a change in control). Because this was an awarded, deferred grant rather than an open-market purchase or sale, it reflects routine compensation rather than an immediate cash investment or divestment.