Renae M. Gaudette - 22 Oct 2025 Form 4 Insider Report for WINMARK CORP (WINA)

Role
CHIEF OPERATING OFFICER
Signature
/s/ Renae M Gaudette
Issuer symbol
WINA
Transactions as of
22 Oct 2025
Transactions value $
-$500,535
Form type
4
Filing time
24 Oct 2025, 16:34:01 UTC
Previous filing
02 Jun 2025
Next filing
15 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Gaudette Renae M. CHIEF OPERATING OFFICER 605 HIGHWAY 169 N. SUITE 400, MINNEAPOLIS /s/ Renae M Gaudette 24 Oct 2025 0001761880

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WINA Common Stock Options Exercise $227K +2.5K +14.24% $90.99 20.1K 22 Oct 2025 Direct
transaction WINA Common Stock Sale -$43.6K -100 -0.5% $435.62 20K 24 Oct 2025 Direct
transaction WINA Common Stock Sale -$457K -1.1K -5.51% $415.43 18.9K 24 Oct 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 Employee Stock Option (right to buy) Options Exercise -$227K -2.5K -100% $90.99 0 22 Oct 2025 Common Stock 2.5K $90.99 Direct F1
holding WINA Employee Stock Option (right to buy) 2.5K 22 Oct 2025 Common Stock 2.5K $98.25 Direct F1
holding WINA Employee Stock Option (right to buy) 2.5K 22 Oct 2025 Common Stock 2.5K $125.50 Direct F1
holding WINA Employee Stock Option (right to buy) 2.5K 22 Oct 2025 Common Stock 2.5K $122.50 Direct F1
holding WINA Employee Stock Option (right to buy) 2.5K 22 Oct 2025 Common Stock 2.5K $134.25 Direct F1
holding WINA Employee Stock Option (right to buy) 3K 22 Oct 2025 Common Stock 3K $143.20 Direct F1
holding WINA Employee Stock Option (right to buy) 3K 22 Oct 2025 Common Stock 3K $156.00 Direct F1
holding WINA Employee Stock Option (right to buy) 3K 22 Oct 2025 Common Stock 3K $164.84 Direct F1
holding WINA Employee Stock Option (right to buy) 3K 22 Oct 2025 Common Stock 3K $176.20 Direct F1
holding WINA Employee Stock Option (right to buy) 3.5K 22 Oct 2025 Common Stock 3.5K $143.87 Direct F1
holding WINA Employee Stock Option (right to buy) 3.5K 22 Oct 2025 Common Stock 3.5K $183.87 Direct F1
holding WINA Employee Stock Option (right to buy) 3.5K 22 Oct 2025 Common Stock 3.5K $195.82 Direct F1
holding WINA Employee Stock Option (right to buy) 3.5K 22 Oct 2025 Common Stock 3.5K $261.32 Direct F1
holding WINA Employee Stock Option (right to buy) 4.48K 22 Oct 2025 Common Stock 4.48K $197.80 Direct F1
holding WINA Employee Stock Options (Right to Buy) 2.52K 22 Oct 2025 Common Stock 2.52K $238.60 Direct F1
holding WINA Employee Stock Option (right to buy) 2K 22 Oct 2025 Common Stock 2K $325.99 Direct F1
holding WINA Employee Stock Option (right to buy) 1.74K 22 Oct 2025 Common Stock 1.74K $355.90 Direct F1
holding WINA Employee Stock Option (right to buy) 1.58K 22 Oct 2025 Common Stock 1.58K $400.97 Direct F1
holding WINA Employee Stock Option (right to buy) 1.45K 22 Oct 2025 Common Stock 1.45K $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.