Hake Lisa Schurke 4

What Happened
Lisa Schurke Hake, Chief Marketing Officer of Winmark Corp (WINA), was granted two derivative stock awards on 2026-06-01 totaling 10,968 shares: 9,256 shares valued at $378.57 each ($3,504,044) and 1,712 shares at $378.57 each ($648,112), for a combined value of $4,152,156. These are awards/grants (derivative securities), not open-market purchases or sales.

Key Details

• Transaction date: 2026-06-01; grant type: Award/Grant (code A)
• Prices recorded: $378.57 per share for both grants
• Share counts/values: 9,256 shares = $3,504,044; 1,712 shares = $648,112; total = $4,152,156
• Vesting: Footnote F1 — 25% vesting per year over four years (typical multi-year vesting)
• Shares owned after transaction: Not specified in the Form 4 filing
• Filing timeliness: Report filed with same period date (2026-06-01); no late filing indicated

Context
These awards are derivative grants (commonly Restricted Stock Units or similar) that will vest over time per the stated schedule; they do not represent an immediate open-market purchase. Awards are compensation-related and should be viewed as part of executive pay rather than a direct market buy signal.