Winmark (WINA) S-8 Registration of securities for employees

As filed with the Securities and Exchange Commission on February 26, 2025.

Registration No. 333-_____________

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

____________________________

FORM S-8

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

____________________________

WINMARK CORPORATION

(Exact name of registrant as specified in its charter)

Minnesota	41-1622691
(State or other jurisdiction of	(I.R.S. Employer
incorporation or organization)	Identification No.)

605 Highway 169 North, Suite 400

Minneapolis, Minnesota 55441

(Address of principal executive offices and zip code)

____________________________

Winmark Corporation 2020 Stock Option Plan

(Full title of the plan)

____________________________

Anthony D. Ishaug

Chief Financial Officer and Treasurer

Winmark Corporation

605 Highway 169 North, Suite 400

Minneapolis, Minnesota 55441

763-520-8500

(Name, address and telephone number, including area code, of agent for service)

Copy to:

Jonathan B. Levy

Taft, Stettinius & Hollister, LLP

2200 IDS Center

80 South 8th Street

Minneapolis, Minnesota 55402

612-977-8400

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer [ X ]	Accelerated filer [   ]
Non-accelerated filer [   ]	Smaller reporting company [   ] Emerging growth company [   ]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. [ ]

STATEMENT PURSUANT TO GENERAL INSTRUCTION E –

REGISTRATION OF ADDITIONAL SECURITIES

This Registration Statement on Form S-8 is filed by Winmark Corporation, a Minnesota corporation, (“Winmark” or the “Company”) to register an additional 100,000 shares of its common stock for issuance upon exercise of options granted under the Winmark Corporation 2020 Stock Option Plan.

Pursuant to General Instruction E of Form S-8 and Rule 429 of the Securities Act, the contents of the Company’s prior registration statement on Form S-8, File No. 333-239999, are incorporated herein by reference.

PART II

Item 8.              Exhibits.

Exhibit

4.1	Winmark Corporation 2020 Stock Option Plan (incorporated by reference to Exhibit 10.34 to the Company’s Annual Report on Form 10-K for the fiscal year ended December 28, 2019)
4.2	Winmark Corporation First Amendment to the 2020 Stock Option Plan (incorporated by reference to Exhibit 10.1 to the Quarterly Report on Form 10-Q for the fiscal quarter ended June 29, 2024)
4.3	The description of the Company’s Common Stock to be offered pursuant to this Registration Statement included as Exhibit 4.1 to the Company’s Annual Report on Form 10-K for the fiscal year ended December 28, 2024, including any amendment or report filed for the purpose of updating this description
5.1	Opinion of Taft, Stettinius & Hollister, LLP
23.1	Consent of Taft, Stettinius & Hollister, LLP (included in Exhibit 5.1)
23.2	Consent of Grant Thornton LLP, the Company’s Independent Registered Public Accounting Firm
24.1	Power of Attorney (included on signature page).
107	Filing Fee Exhibit

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Minneapolis, State of Minnesota, on February 26, 2025.

WINMARK CORPORATION

/s/ BRETT D. HEFFES

Brett D. Heffes, Chair and Chief Executive Officer

POWER OF ATTORNEY

The undersigned officers and directors of Winmark Corporation hereby constitute and appoint Brett D. Heffes and Anthony D. Ishaug, each acting alone, with power to act as our true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for us and in our stead, in any and all capacities to sign any and all amendments (including post-effective amendments) to this Registration Statement and all documents relating thereto, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto each attorney-in-fact and agent, full power and authority to do and perform each and every act and thing necessary or advisable to be done in and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that each attorney-in-fact and agent, or his or her substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, as amended, this registration statement has been signed below by the following persons in the capacities indicated on February 26, 2025.

SIGNATURE	TITLE
/s/ BRETT D. HEFFES	Chair of the Board and Chief Executive Officer
Brett D. Heffes	(principal executive officer)
/s/ ANTHONY D. ISHAUG	Executive Vice President, Chief Financial Officer and Treasurer
Anthony D. Ishaug	(principal financial and accounting officer)
/s/ LAWRENCE A. BARBETTA	Director
Lawrence A. Barbetta
/s/ AMY C. BECKER	Director
Amy C. Becker
/s/ JENELE C. GRASSLE	Director
Jenele C. Grassle
/s/ PHILIP I. SMITH	Director
Philip I. Smith
/s/ GINA D. SPRENGER	Director
Gina D. Sprenger
/s/ PERCY C. TOMLINSON, JR.	Director
Percy C. Tomlinson, Jr.