Winmark SEC Filings

WINMARK CORP’s chief marketing officer, Lisa Schurke Hake, reported new stock option awards. On June 1, 2026, she received employee stock options covering 1,712 shares of common stock at an exercise price of $378.57 per share, and a separate grant covering 9,256 shares at the same exercise price. Both grants are scheduled to vest 25% per year for four years. The filing also shows an existing employee stock option relating to 1,216 underlying shares at an exercise price of $444.54 per share, exercisable beginning on December 15, 2026 and expiring on December 15, 2035. These awards are compensation-related grants rather than open‑market stock purchases or sales.

Charles Schwab Corporation (WINA) Form 144 notice reports a proposed or recent sale of securities by an insider. The excerpt shows a reported sale of 3,900 common shares on 03/04/2026 with a reported value of $1,885,601.23. The filing also lists multiple employee stock option exercises of 750 shares on 06/01/2020, 12/14/2020, 06/01/2021, and 12/13/2021.

WINMARK CORP director Stephanie S. Hoppe received a grant of non-employee stock options covering 3,400 shares of common stock at an exercise price of $372.02 per share. The options vest 25% per year over four years and expire in 2036.

WINMARK CORP director Stephanie S. Hoppe filed an initial Form 3 as a reporting person for the company’s stock. The filing identifies her as a director and confirms she is not a ten percent owner. This Form 3 lists no transactions or derivative positions.

Winmark Corporation announced governance changes to its Board of Directors. Lawrence A. Barbetta, a director and Audit Committee member, informed the company he will not stand for re-election at the Annual Meeting of Shareholders in April 2027, consistent with independent director term limits, and will continue serving until that meeting.

Effective May 5, 2026, the Board increased its size from seven to eight members and elected Stephanie S. Hoppe as a new director. In connection with her election, she received an option to purchase 3,400 shares of Winmark common stock under the 2020 Stock Option Plan.

Winmark describes itself as a nationally recognized resale franchisor focused on sustainability and small business formation, with 1,383 franchises in operation and over 2,800 available territories as of March 28, 2026, plus 79 additional awarded franchises not yet open.

WINMARK CORP chief financial officer Anthony D. Ishaug exercised employee stock options to acquire 3,293 shares of common stock at $98.25 per share. After this derivative exercise, his direct common stock holdings reported in the filing are 69,776 shares.

The filing also lists a broad set of remaining employee stock option awards on Winmark common stock, with exercise prices ranging from $125.50 to $444.54 and expiration dates between 2026 and 2035. These option positions reflect ongoing equity-based compensation rather than open-market share purchases or sales.

WINMARK CORP Chief Operating Officer Renae M. Gaudette exercised employee stock options to acquire 2,500 shares of common stock at $98.25 per share. Following this derivative exercise, she directly holds 21,360 common shares. The filing also lists multiple remaining option grants with various exercise prices and expiration dates that vest 25% per year for four years.

Winmark Corporation reported the results of its Annual Shareholders meeting held on April 22, 2026. Shareholders voted on several matters, each receiving strong support.

All seven director nominees received between 2,963,646 and 2,984,228 votes “for,” with relatively low “withhold” votes and 116,326 broker non-votes on each director item, indicating broad backing for the board.

Other proposals also passed comfortably, including one receiving 3,137,000 votes for, 8,484 against and 3,902 abstentions, another with 2,929,354 for and 100,349 against, and a further item with 3,119,355 for and 26,488 against.

Winmark Corporation reported solid first-quarter 2026 results driven by franchise royalties, despite lower total revenue and net income versus last year. Revenue was $20,849,700 compared to $21,919,700 a year earlier, as the company no longer earns leasing income following the completed run-off of its equipment leasing portfolio.

Royalties rose 8.4% to $19,262,800 on higher franchise retail sales and a slightly larger store base of 1,383 locations. Net income was $9,254,700 versus $9,956,400, with diluted EPS of $2.50 compared to $2.71. Selling, general and administrative expenses increased 5.8% to $7,869,600, mainly from higher compensation-related costs. Winmark generated $11,877,300 of operating cash flow, paid a $0.96 per share dividend totaling $3,429,000, maintained $19,928,300 in cash, cash equivalents and restricted cash, and ended the quarter with $30,000,000 outstanding on its CIBC term loan and $30,000,000 of Prudential notes while remaining in compliance with all covenants.

Winmark Corporation reported solid first-quarter 2026 results driven by franchise royalties, despite lower total revenue and net income versus last year. Revenue was $20,849,700 compared to $21,919,700 a year earlier, as the company no longer earns leasing income following the completed run-off of its equipment leasing portfolio.

Royalties rose 8.4% to $19,262,800 on higher franchise retail sales and a slightly larger store base of 1,383 locations. Net income was $9,254,700 versus $9,956,400, with diluted EPS of $2.50 compared to $2.71. Selling, general and administrative expenses increased 5.8% to $7,869,600, mainly from higher compensation-related costs. Winmark generated $11,877,300 of operating cash flow, paid a $0.96 per share dividend totaling $3,429,000, maintained $19,928,300 in cash, cash equivalents and restricted cash, and ended the quarter with $30,000,000 outstanding on its CIBC term loan and $30,000,000 of Prudential notes while remaining in compliance with all covenants.