ISHAUG ANTHONY D (Chief Financial Officer) sold 7.4% of their position (4K shares) of WINMARK CORP on the open market

Open‑market sale worth $1.66M — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales

ISHAUG ANTHONY D

Filed: 10/23/2023ACC: 0001415889-23-014484

InsiderISHAUG ANTHONY DCIK 1444464

→

IssuerWINMARK CORPCIK 908315

Officer· Chief Financial Officer

Since Aug 2018

-4K

Net shares

Net seller

$1.66M

Total sold

Open market trades

0B · 3S

Total transactions

7.61K acquired · 11.61K disposed

Non-Derivative Transactions8

Common Stock

Direct

M · Option Exercise

+2.45K

Price / share

$82.72

Trade value

$202.42K

% of position

5.1%

10/20/2023

48.18K→50.62K

Common Stock

Direct

S · Sale

−200.00

Price / share

$417.32

Trade value

$83.46K

% of position

0.4%

10/20/2023

50.62K→50.42K

Common Stock

Direct

S · Sale

−2.25K

Price / share

$415.18

Trade value

$932.91K

% of position

4.5%

10/20/2023

50.42K→48.18K

Common Stock

Direct

M · Option Exercise

+1.83K

Price / share

$66.29

Trade value

$121.64K

% of position

3.8%

10/20/2023

48.18K→50.01K

Common Stock

Direct

M · Option Exercise

+1.55K

Price / share

$82.72

Trade value

$128.46K

% of position

3.1%

10/23/2023

50.01K→51.56K

Common Stock

Direct

S · Sale

−1.55K

Price / share

$413.00

Trade value

$641.39K

% of position

3.0%

10/23/2023

51.56K→50.01K

Common Stock

Direct

M · Option Exercise

+1.17K

Price / share

$66.29

Trade value

$77.23K

% of position

2.3%

10/23/2023

50.01K→51.18K

Common Stock

Direct

M · Option Exercise

+606.00

Price / share

$164.84

Trade value

$99.89K

% of position

1.2%

10/23/2023

51.18K→51.78K

Total

Net shares

+3.61K

Net value

-$1.03M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	10/20/2023	M · Option Exercise	+2.45K	$82.72	$202.42K	5.1%	48.18K	50.62K
Common Stock Direct	10/20/2023	S · Sale	−200.00	$417.32	$83.46K	0.4%	50.62K	50.42K
Common Stock Direct	10/20/2023	S · Sale	−2.25K	$415.18	$932.91K	4.5%	50.42K	48.18K
Common Stock Direct	10/20/2023	M · Option Exercise	+1.83K	$66.29	$121.64K	3.8%	48.18K	50.01K
Common Stock Direct	10/23/2023	M · Option Exercise	+1.55K	$82.72	$128.46K	3.1%	50.01K	51.56K
Common Stock Direct	10/23/2023	S · Sale	−1.55K	$413.00	$641.39K	3.0%	51.56K	50.01K
Common Stock Direct	10/23/2023	M · Option Exercise	+1.17K	$66.29	$77.23K	2.3%	50.01K	51.18K
Common Stock Direct	10/23/2023	M · Option Exercise	+606.00	$164.84	$99.89K	1.2%	51.18K	51.78K
Total			+3.61K		-$1.03M

Derivative Transactions3

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

4K shares

−4K

Strike price

82.72

Held after

0.00

Exercisable

—

10/20/2023

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

5.99K shares

−3K

Strike price

66.29

Held after

2.99K

Exercisable

—

10/20/2023

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

4K shares

−606.00

Strike price

164.84

Held after

3.39K

Exercisable

—

10/23/2023

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Employee Stock Option (right to buy) Direct	Common Stock4K shares	10/20/2023	M · Option Exercise	−4K	82.72	—	0.00
Employee Stock Option (right to buy) Direct	Common Stock5.99K shares	10/20/2023	M · Option Exercise	−3K	66.29	—	2.99K
Employee Stock Option (right to buy) Direct	Common Stock4K shares	10/23/2023	M · Option Exercise	−606.00	164.84	—	3.39K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)17

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

3.78K

Shares owned

3.78K

Exercise price

238.60

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

195.82

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

4.30K

Shares owned

4.30K

Exercise price

143.20

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

143.87

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

2.60K

Shares owned

2.60K

Exercise price

325.99

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

156

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

6.80K

Shares owned

6.80K

Exercise price

90.99

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

4.18K

Shares owned

4.18K

Exercise price

122.50

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

6.80K

Shares owned

6.80K

Exercise price

125.50

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

183.87

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

7.50K

Shares owned

7.50K

Exercise price

80.32

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

5.71K

Shares owned

5.71K

Exercise price

91.93

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

5.78K

Shares owned

5.78K

Exercise price

98.25

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

5.70K

Shares owned

5.70K

Exercise price

261.32

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

134.25

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

176.2

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

5.92K

Shares owned

5.92K

Exercise price

197.80

Expiration

—

Exercise window

—

Total

Underlying

85.08K

Owned

85.08K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Employee Stock Option (right to buy) Direct	Common Stock	238.60	—	—	3.78K	3.78K
Employee Stock Option (right to buy) Direct	Common Stock	195.82	—	—	4K	4K
Employee Stock Option (right to buy) Direct	Common Stock	143.20	—	—	4.30K	4.30K
Employee Stock Option (right to buy) Direct	Common Stock	143.87	—	—	4K	4K
Employee Stock Option (right to buy) Direct	Common Stock	325.99	—	—	2.60K	2.60K
Employee Stock Option (right to buy) Direct	Common Stock	156	—	—	5K	5K
Employee Stock Option (right to buy) Direct	Common Stock	90.99	—	—	6.80K	6.80K
Employee Stock Option (right to buy) Direct	Common Stock	122.50	—	—	4.18K	4.18K
Employee Stock Option (right to buy) Direct	Common Stock	125.50	—	—	6.80K	6.80K
Employee Stock Option (right to buy) Direct	Common Stock	183.87	—	—	4K	4K
Employee Stock Option (right to buy) Direct	Common Stock	80.32	—	—	7.50K	7.50K
Employee Stock Option (right to buy) Direct	Common Stock	91.93	—	—	5.71K	5.71K
Employee Stock Option (right to buy) Direct	Common Stock	98.25	—	—	5.78K	5.78K
Employee Stock Option (right to buy) Direct	Common Stock	261.32	—	—	5.70K	5.70K
Employee Stock Option (right to buy) Direct	Common Stock	134.25	—	—	5K	5K
Employee Stock Option (right to buy) Direct	Common Stock	176.2	—	—	4K	4K
Employee Stock Option (right to buy) Direct	Common Stock	197.80	—	—	5.92K	5.92K
Total					85.08K	85.08K