Jenele C. Grassle - 19 Nov 2025 Form 4 Insider Report for WINMARK CORP (WINA)

Role
Director
Signature
/s/ Jenele C. Grassle
Issuer symbol
WINA
Transactions as of
19 Nov 2025
Net transactions value
-$1,010,088
Form type
4
Filing time
21 Nov 2025, 17:50:47 UTC
Previous filing
03 Jun 2025
Next filing
15 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
GRASSLE JENELE C Director 605 HIGHWAY 169 N, SUITE 400, MINNEAPOLIS /s/ Jenele C. Grassle 21 Nov 2025 0001218668

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WINA Common Stock Options Exercise $78,600 +800 +32% $98.25 3,300 19 Nov 2025 Direct
transaction WINA Common Stock Options Exercise $100,400 +800 +24% $125.50 4,100 19 Nov 2025 Direct
transaction WINA Common Stock Options Exercise $98,000 +800 +20% $122.50 4,900 19 Nov 2025 Direct
transaction WINA Common Stock Sale $1,010,088 -2,400 -49% $420.87 2,500 21 Nov 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WINA Non-Employee Stock Option (right to buy) Options Exercise $78,600 -800 -100% $98.25 0 19 Nov 2025 Common Stock 800 $98.25 Direct F1
transaction WINA Non-Employee Stock Option (right to buy) Options Exercise $100,400 -800 -100% $125.50 0 19 Nov 2025 Common Stock 800 $125.50 Direct F1
transaction WINA Non-Employee Stock Option (right to buy) Options Exercise $98,000 -800 -100% $122.50 0 19 Nov 2025 Common Stock 800 $122.50 Direct F1
holding WINA Non-Employee Stock Option (right to buy) 800 19 Nov 2025 Common Stock 800 $134.25 Direct F1
holding WINA Non-Employee Stock Option (right to buy) 800 19 Nov 2025 Common Stock 800 $143.20 Direct F1
holding WINA Non-Employee Stock Option (right to buy) 800 19 Nov 2025 Common Stock 800 $156.00 Direct F1
holding WINA Non-Employee Stock Option (right to buy) 750 19 Nov 2025 Common Stock 750 $164.84 Direct F1
holding WINA Non-Employee Stock Option (right to buy) 750 19 Nov 2025 Common Stock 750 $176.20 Direct F1
holding WINA Non-Employee Stock Option (right to buy) 750 19 Nov 2025 Common Stock 750 $143.87 Direct F1
holding WINA Non-Employee Stock Option (right to buy) 750 19 Nov 2025 Common Stock 750 $183.87 Direct F1
holding WINA Non-Employee Stock Option (right to buy) 750 19 Nov 2025 Common Stock 750 $195.82 Direct F1
holding WINA Non-Employee Stock Option (right to buy) 750 19 Nov 2025 Common Stock 750 $261.32 Direct F1
holding WINA Non-Employee Stock Option (right to buy) 880 19 Nov 2025 Common Stock 880 $197.80 Direct F1
holding WINA Non-Employee Stock Option (right to buy) 620 19 Nov 2025 Common Stock 620 $238.60 Direct F1
holding WINA Non-Employee Stock Option (right to buy) 380 19 Nov 2025 Common Stock 380 $325.99 Direct F1
holding WINA Non-Employee Stock Option (right to buy) 240 19 Nov 2025 Common Stock 240 $446.68 Direct F1
holding WINA Non-Employee Stock Option (right to buy) 300 19 Nov 2025 Common Stock 300 $355.90 Direct F1
holding WINA Non-Employee Stock Option (right to buy) 300 19 Nov 2025 Common Stock 300 $400.97 Direct F1
holding WINA Non-Employee Stock Option (right to buy) 280 19 Nov 2025 Common Stock 280 $424.82 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% per year for four years.