WINMARK CORP — Director's Dealing 2025

Nov 4, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WINMARK CORP (WINA)
CIK: 0000908315
Period of Report: 2025-11-04

Reporting Person: Tomlinson Percy C Jr (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-11-04	Common Stock	M	600	$197.80	Acquired	800	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-11-04	Non-Employee Stock Option (right to buy)	$197.80	M	600	Disposed	2032-06-01	Common Stock (880)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Employee Stock Option (right to buy)	$242.58	2031-12-14	Common Stock (7000)	7000	Direct
Non-Employee Stock Option (right to buy)	$238.60	2032-12-12	Common Stock (620)	620	Direct
Non-Employee Stock Option (right to buy)	$325.99	2033-06-01	Common Stock (380)	380	Direct
Non-Employee Stock Option (right to buy)	$446.68	2033-12-11	Common Stock (240)	240	Direct
Non-Employee Stock Option (right to buy)	$355.90	2034-06-01	Common Stock (300)	300	Direct
Non-Employee Stock Option (right to buy)	$400.97	2034-12-09	Common Stock (300)	300	Direct
Non-Employee Stock Option (right to buy)	$424.82	2035-06-01	Common Stock (280)	280	Direct

Footnotes

F1: 25% per year for four years.