Brett D. Heffes - 15 Dec 2025 Form 4 Insider Report for WINMARK CORP (WINA)

Role
CHAIR AND CEO, Director
Signature
/s/ Brett D. Heffes
Issuer symbol
WINA
Transactions as of
15 Dec 2025
Net transactions value
+$1,205,592
Form type
4
Filing time
15 Dec 2025, 17:03:57 UTC
Previous filing
28 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
HEFFES BRETT D CHAIR AND CEO, Director 605 HIGHWAY 169 N, SUITE 400, MINNEAPOLIS /s/ Brett D. Heffes 15 Dec 2025 0001237904

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WINA Common Stock 114,400 15 Dec 2025 Direct
holding WINA Common Stock 338 15 Dec 2025 by family office

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 Employee Stock Option (right to buy) Award $1,205,592 +2,712 $444.54 2,712 15 Dec 2025 Common Stock 2,712 $444.54 Direct F1
holding WINA Employee Stock Option (right to buy) 1,897 15 Dec 2025 Common Stock 1,897 $176.20 Direct F1
holding WINA Employee Stock Option (right to buy) 4,000 15 Dec 2025 Common Stock 4,000 $183.87 Direct F1
holding WINA Employee Stock Option (right to buy) 3,490 15 Dec 2025 Common Stock 3,490 $195.82 Direct F1
holding WINA Employee Stock Option (right to buy) 11,100 15 Dec 2025 Common Stock 11,100 $261.32 Direct F1
holding WINA Employee Stock Option (right to buy) 9,360 15 Dec 2025 Common Stock 9,360 $197.80 Direct F1
holding WINA Employee Stock Option (right to buy) 5,740 15 Dec 2025 Common Stock 5,740 $238.60 Direct F1
holding WINA Employee Stock Option (right to buy) 4,120 15 Dec 2025 Common Stock 4,120 $325.99 Direct F1
holding WINA Employee Stock Option (right to buy) 3,580 15 Dec 2025 Common Stock 3,580 $355.90 Direct F1
holding WINA Employee Stock Option (right to buy) 3,260 15 Dec 2025 Common Stock 3,260 $400.97 Direct F1
holding WINA Employee Stock Option (right to buy) 2,984 15 Dec 2025 Common Stock 2,984 $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.