Welcome to our dedicated page for Winmark SEC filings (Ticker: WINA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Winmark Corporation (WINA) SEC filings page on Stock Titan provides direct access to the company’s regulatory disclosures, along with AI-powered summaries designed to make these documents easier to understand. Winmark, a Minnesota-based franchisor of resale retail concepts in the used merchandise stores industry, reports its financial condition and key corporate events through a range of filings with the U.S. Securities and Exchange Commission.
Investors can use this page to review Winmark’s annual reports on Form 10-K and quarterly reports on Form 10-Q, which present condensed balance sheets, statements of operations and cash flows. These filings detail revenue from royalties, leasing income, merchandise sales, franchise fees and other sources, as well as expenses, income from operations, interest expense, net income and cash flow from operating, investing and financing activities. Stock Titan’s AI tools highlight important sections, helping readers quickly identify trends in royalty revenue, leasing portfolio run-off, franchise-related income and capital structure.
The page also surfaces current reports on Form 8-K, where Winmark discloses material events such as quarterly and annual results and Board-approved cash dividends. Recent 8-K filings describe dividends of specified per-share amounts, record and payment dates, and, in the case of a special dividend, the expected total payout based on the number of shares outstanding. AI-generated notes explain the significance of these events and how they relate to Winmark’s broader financial profile.
In addition, users can access insider transaction reports on Form 4 and other ownership-related filings, which show share transactions by directors, officers and significant shareholders. By combining real-time updates from EDGAR with AI summaries, the WINA filings page helps readers interpret complex regulatory documents, understand Winmark’s financial reporting and monitor dividend decisions and other corporate actions without reading every line of each filing.
Winmark Corp reported an equity award to one of its directors. On 12/15/2025, the director received a non-employee stock option to buy 256 shares of common stock at an exercise price of $444.54 per share. The option is scheduled to vest 25% per year for four years and will be exercisable beginning 12/15/2026, with an expiration date of 12/15/2035. The filing also shows the director beneficially owns a separate non-employee stock option covering 3,000 shares at a $393.64 exercise price, exercisable from 08/07/2026 until 08/07/2035.
Winmark Corp reported an equity award to its chief marketing officer, Lisa S. Hake. On December 15, 2025, she acquired an employee stock option covering 1,216 shares of common stock at an exercise price of $444.54 per share. The option becomes exercisable starting December 15, 2026 and expires on December 15, 2035.
According to the vesting terms, the award vests in four equal installments of 25% per year over four years. After this grant, Hake beneficially owns 1,216 stock options, held directly. This type of award is a form of equity-based compensation that links a senior executive’s potential future gains to the company’s share price.
Winmark Corp's chief operating officer Renae M. Gaudette reported receiving an employee stock option grant on 12/15/2025. The grant covers 1,316 options to buy Winmark common stock at an exercise price of $444.54 per share and is first exercisable on 12/15/2026.
These options expire on 12/15/2035 and vest at a rate of 25% per year for four years. Following the reported transactions, Gaudette directly owns 18,860 shares of Winmark common stock and continues to hold multiple prior option grants with various exercise prices and expirations.
Winmark Corp’s chief financial officer reported a new stock option grant and updated equity holdings. On 12/15/2025, the officer received an employee stock option to buy 1,712 shares of common stock at an exercise price of $444.54 per share. This option becomes exercisable on 12/15/2026, expires on 12/15/2035, and is subject to a vesting schedule of 25% per year for four years. Following the reported transactions, the officer directly beneficially owned 66,483 shares of Winmark common stock and held multiple additional employee stock option awards with various exercise prices and expiration dates.
Winmark Corp chair and CEO Brett D. Heffes filed an insider ownership report reflecting equity activity on 12/15/2025. The filing shows a grant of employee stock options to purchase 2,712 shares of Winmark common stock at an exercise price of $444.54, exercisable from 12/15/2026 to 12/15/2035 and vesting 25% per year over four years.
After the reported transactions, Heffes beneficially owns 114,400 shares of Winmark common stock directly and 338 shares indirectly through a family office, along with multiple additional employee stock option awards with various exercise prices and expiration dates.
Winmark Corp (WINA) director reports option exercises and stock sale. A board member filed a Form 4 showing that on 11/19/2025 they exercised stock options for a total of 2,400 shares of common stock in three separate transactions of 800 shares each at exercise prices of $98.25, $125.5, and $122.5.
On 11/21/2025, the director sold 2,400 shares of Winmark common stock at a price of $420.87 per share. After these transactions, the director directly owns 2,500 shares of common stock and continues to hold multiple non-employee stock options covering additional shares of Winmark stock, with various exercise prices and expiration dates. The options noted as footnote (1) vest at a rate of 25% per year for four years.
Winmark (WINA) reported an insider transaction by its Chief Financial Officer, Anthony D. Ishaug. On 11/07/2025, the CFO exercised employee stock options (transaction code M) for a total of 3,000 shares, consisting of 2,490 shares at $98.25 and 510 shares at $195.82.
Following these transactions, the filing shows 66,483 shares of common stock held directly. The derivative table reflects the exercises from grants originally priced at $98.25 and $195.82, alongside remaining option positions with various exercise prices and expiration dates.
Winmark (WINA) reported insider activity by its Chief Operating Officer. On 10/22/2025, the COO exercised 2,500 stock options at an exercise price of $90.99 (transaction code M). On 10/24/2025, the COO sold 100 shares at $435.62 and 1,100 shares at $415.43 (transaction code S). Following these transactions, the officer beneficially owned 18,860 shares directly. The exercised options originated from a grant dated 12/14/2016 with an expiration of 12/14/2025 and vesting noted as 25% per year for four years.
Winmark Corporation announced third-quarter results and declared shareholder cash distributions. The Board approved a regular quarterly dividend of $0.96 per share and a special dividend of $10.00 per share.
Both dividends will be paid on December 1, 2025 to shareholders of record at the close of business on November 12, 2025. The special dividend totals approximately $35.6 million based on the current number of shares outstanding. The company stated that future dividends will be subject to Board approval.
Winmark Corporation (WINA) filed its Q3 2025 10‑Q, showing steady growth driven by franchise royalties and continued capital returns to shareholders. Revenue for the quarter reached $22.6 million, up from $21.5 million a year ago, as higher franchise retail sales and a larger store base lifted royalties to $20.9 million. Net income was $11.1 million versus $11.1 million last year, as increased compensation and advertising timing raised selling, general and administrative expenses to $7.0 million.
Year to date, revenue was $65.0 million versus $61.7 million, and net income was $31.7 million versus $30.4 million. Cash, cash equivalents and restricted cash were $39.9 million as of September 27, 2025. Long‑term borrowings included $30.0 million of delayed draw term loans under the credit facility and $30.0 million of Series C notes at 3.18%.
The Board approved a $10.00 per share special cash dividend to shareholders of record on November 12, 2025, payable on December 1, 2025; the company estimates approximately $35.6 million based on current shares and expects to fund it with cash on hand. The leasing portfolio run‑off is substantially complete; 2025 year‑to‑date leasing income of $2.4 million included $2.2 million from a customer litigation settlement.