Winmark Corporation filings document disclosures for a public resale franchisor with established franchise brands and a related leasing business. Recent Form 8-K reports cover operating results, financial condition, cash dividends, franchise-system metrics, system-wide sales, point-of-sale software fee matters and the Plato’s Closet North American Ad Fund.
The company’s regulatory record also includes governance and shareholder-vote disclosures. Proxy and annual-meeting filings address board composition, director elections, advisory executive-compensation votes, auditor ratification, stock option plan matters and committee assignments, while material-event reports record board changes and related equity awards.
Winmark Corp director Percy C. Tomlinson Jr. reported an open-market sale of 1,660 shares of common stock at $460.52 per share. After this transaction, he directly holds 800 Winmark common shares.
In addition to common stock, he continues to hold several non-employee stock options, including one grant covering 5,400 shares, with a noted vesting schedule of 25% per year for four years.
Winmark Corp lists a proposed disposition of common stock in a Form 144 filing. The filing names UBS Financial Services Inc. as broker and shows transactions tied to stock option exercises dated 12/14/2021 and 06/01/2022
The excerpt includes quantities of 1,600 and 60 shares linked to those exercises and a filing-related date of 03/03/2026. The notice describes proposed sales; cash‑flow treatment and timing details are not included in the excerpt.
Winmark Corp director Percy C. Tomlinson Jr. reported exercising non-employee stock options to acquire additional common shares. On February 26, 2026, he exercised options for 1,600 shares at $242.58 per share and 60 shares at $197.80 per share.
These option exercises resulted in corresponding acquisitions of Winmark common stock, leaving him with 2,460 common shares held directly after the transactions.
Winmark Corp director Jenele C. Grassle reported exercising several non-employee stock options into common stock on February 25, 2026. She acquired a total of 3,900 shares of common stock through option exercises at strike prices ranging from $134.25 to $176.20 per share, bringing her direct common stock holdings to 6,400 shares.
Winmark Corporation reports steady growth for 2025, driven by its resale franchising model. Revenue rose to $86.1 million from $81.3 million, with royalties up 5.8% to $76.4 million as franchise retail sales and store count increased.
Net income grew to $41.7 million, with diluted EPS of $11.30. Selling, general and administrative expenses rose 13.7% to $28.4 million, mainly from higher compensation and a one-time software cost. The franchising segment contributed $52.1 million of operating income, while the runoff leasing segment added $2.5 million, largely from litigation settlement.
Winmark ended 2025 with 1,378 franchised stores and a 98% renewal rate on expiring franchises, underscoring franchise stability. Cash, cash equivalents and restricted cash totaled $10.5 million, against long-term debt of about $60 million. The company returned substantial capital, paying $49.1 million in dividends, including a $10.00 per share special dividend, and repurchasing 7,944 shares.
Winmark Corporation reported higher results for the year ended December 27, 2025. Net income rose to $41,654,100, or $11.30 per diluted share, compared with $39,954,200, or $10.89 per diluted share, in 2024. Revenue increased to $86,055,700 from $81,289,100, driven mainly by higher royalties and leasing income.
Fourth-quarter 2025 net income was $9,959,900 ($2.69 diluted EPS), up from $9,583,100 ($2.60 diluted EPS) a year earlier. Net cash provided by operating activities was $44,896,800, while dividends paid totaled $49,112,700. At December 27, 2025, Winmark had 1,378 franchises in operation and over 2,800 available territories.
Winmark Corp received an amended Schedule 13G/A from BlackRock, Inc., disclosing a significant passive ownership position in its common stock. BlackRock reports beneficial ownership of 432,141 shares of Winmark common stock, representing 12.1% of the outstanding class as of the reported date.
BlackRock has sole voting power over 427,630 shares and sole dispositive power over 432,141 shares, with no shared voting or dispositive power. The filing states the shares are held in the ordinary course of business and not for the purpose of changing or influencing control of Winmark.
Winmark Corporation declared a quarterly cash dividend of $0.96 per share, payable on March 2, 2026 to shareholders of record at the close of business on February 11, 2026. The company stated that any future dividends will remain subject to Board approval.
Winmark also reported system-wide sales of $1.7 billion for its fiscal year ended December 27, 2025, representing estimated revenue generated across all franchise locations. These updates were announced in conjunction with a press release and the company’s annual franchise conference.
AltraVue Capital, LLC has filed a Schedule 13G reporting beneficial ownership of 174,073 shares of Winmark Corp common stock, representing about 4.89% of the class as of 12/31/2025. AltraVue reports sole voting power over 114,972 shares and shared voting power over 59,101 shares, with sole dispositive power over all 174,073 shares and no shared dispositive power.
The firm certifies that these securities were acquired and are held in the ordinary course of business, and not for the purpose of changing or influencing control of Winmark, indicating a passive investment position rather than an activist stake.
Winmark Corp director Jenele C. Grassle reported insider activity involving the company’s common stock. On 12/15/2025, the director disposed of 2,500 shares of common stock. The filing also shows a new grant of 256 non-employee stock options (right to buy) with an exercise price of $444.54 per share, exercisable on 12/15/2026 and expiring on 12/15/2035, held directly. An explanatory note adds: “25% per year for four years.” The report lists additional previously granted non-employee stock options with various exercise prices and expiration dates that remain beneficially owned directly.