Credendino Keith 4
4 · WINMARK CORP · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Winmark (WINA) Director Keith Credendino Receives 356-Share Award
What Happened
Keith Credendino, a director of Winmark Corp (WINA), was granted a derivative award of 356 shares on June 1, 2026. The award is reported at an acquisition price of $378.57 per share, totaling $134,771. This was an award/grant (derivative), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-01. Report filed same day (Period of Report 2026-06-01).
- Instrument: Derivative award (code A = grant/acquisition).
- Quantity/price/value: 356 shares @ $378.57 = $134,771.
- Vesting: Footnote F1 — vests 25% per year over four years.
- Shares owned after transaction: Not reported in this filing.
- Timeliness: Filing appears timely (no late-filing flag).
Context
This was a compensation-related award with a multi-year vesting schedule, meaning the shares are not immediately tradable and will vest incrementally. Such grants are common for directors and reflect compensation rather than an immediate buy/sell market signal. Derivative awards should be interpreted differently than open-market purchases when assessing insider sentiment.
Insider Transaction Report
- Award
Non-Employee Stock Option (right to buy)
[F1]2026-06-01$378.57/sh+356$134,771→ 356 totalExercise: $378.57From: 2027-06-01Exp: 2036-06-01→ Common Stock (356 underlying)
- 3,000
Non-Employee Stock Option (right to buy)
[F1]Exercise: $393.64From: 2026-08-07Exp: 2035-08-07→ Common Stock (3,000 underlying) - 256
Non-Employee Stock Option (right to buy)
[F1]Exercise: $444.54From: 2026-12-15Exp: 2035-12-15→ Common Stock (256 underlying)
Footnotes (1)
- [F1]25% per year for four years.