Winmark Corp Files 8-K on Officer/Director Changes
Ticker: WINA · Form: 8-K · Filed: Aug 8, 2025 · CIK: 908315
| Field | Detail |
|---|---|
| Company | Winmark Corp (WINA) |
| Form Type | 8-K |
| Filed Date | Aug 8, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-changes, director-changes, compensation
TL;DR
Winmark Corp 8-K: Officer/Director changes & comp details filed.
AI Summary
Winmark Corporation filed an 8-K on August 8, 2025, reporting events as of August 6, 2025. The filing primarily concerns the departure of directors or certain officers, the election of directors, the appointment of certain officers, and details about compensatory arrangements for these officers. It also includes financial statements and exhibits.
Why It Matters
Changes in corporate officers and directors, along with details on their compensation, can signal shifts in company strategy or governance that may impact shareholders.
Risk Assessment
Risk Level: low — This filing reports routine corporate governance and personnel changes, not significant financial events or market-moving news.
Key Players & Entities
- WINMARK CORP (company) — Registrant
- 0000908315-25-000030 (filing_id) — Accession Number
- August 6, 2025 (date) — Date of earliest event reported
- August 8, 2025 (date) — Date of report
- 605 Highway 169 North, Suite 400, Minneapolis, Minnesota 55441 (address) — Principal Executive Offices
- 763-520-8500 (phone_number) — Registrant's Telephone Number
FAQ
What specific officer or director positions were affected by the events reported on August 6, 2025?
The filing indicates the departure of directors or certain officers, the election of directors, and the appointment of certain officers, but does not specify names or exact positions within this summary.
Are the compensatory arrangements for the affected officers detailed in this filing?
Yes, the filing explicitly mentions 'Compensatory Arrangements of Certain Officers' as an item of information being reported.
What is the primary purpose of this Form 8-K filing for Winmark Corporation?
The primary purpose is to report current information regarding the departure/election of directors, appointment of officers, and their compensatory arrangements, along with financial statements and exhibits.
When was Winmark Corporation incorporated, and in which state?
Winmark Corporation was incorporated in Minnesota (MN).
What is the fiscal year end for Winmark Corporation?
Winmark Corporation's fiscal year ends on December 27 (1227).
Filing Stats: 556 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2025-08-07 18:30:35
Filing Documents
- wina-20250806x8k.htm (8-K) — 40KB
- wina-20250806xex99d1.htm (EX-99.1) — 11KB
- wina-20250806xex99d1001.jpg (GRAPHIC) — 16KB
- 0000908315-25-000030.txt ( ) — 188KB
- wina-20250806.xsd (EX-101.SCH) — 3KB
- wina-20250806_lab.xml (EX-101.LAB) — 16KB
- wina-20250806_pre.xml (EX-101.PRE) — 11KB
- wina-20250806x8k_htm.xml (XML) — 5KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On August 6, 2025, Jenele C. Grassle, a member of the Board of Directors (the "Board") of Winmark Corporation (the "Company") notified the Company that she will not stand for re-election at the Company's Annual Meeting of Shareholders to be held on or about April 22, 2026. Ms. Grassle will continue to serve as a member of the Board until such meeting. (d) Effective August 7, 2025, the Board increased the number of authorized directors of the company from seven to eight and elected Keith Credendino to serve on the Company's Board. Pursuant to the Company's 2020 Stock Option Plan, in connection with his election to the Board, Mr. Credendino received an option to purchase 3,000 shares of the Company's Common Stock. A copy of the press release announcing Ms. Grassle's decision not to run for re-election to the Board and Mr. Credendino's election to the Board is attached as Exhibit 99.1 of this Current Report on Form 8-K.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits 99.1 Press Release dated August 7, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL Document and incorporated as Exhibit 101)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WINMARK CORPORATION Date: August 7, 2025 By: /s/Anthony D. Ishaug Anthony D. Ishaug Chief Financial Officer and Treasurer