Winmark Corporation Announces Quarterly Cash Dividend

7/17/24 11:14:00 AM ET

Other Specialty Stores

Consumer Discretionary

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Winmark Corporation (NASDAQ:WINA) announced today that its Board of Directors has approved the payment of a quarterly cash dividend to shareholders. The quarterly dividend of $0.90 per share will be paid on September 3, 2024 to shareholders of record on the close of business on August 14, 2024. Future dividends will be subject to Board approval.

Winmark — the Resale Company®, is a nationally recognized franchising business focused on sustainability and small business formation. We champion and guide entrepreneurs interested in operating one of our award winning resale franchises: Plato's Closet®, Once Upon A Child®, Play It Again Sports®, Style Encore® and Music Go Round®. At June 29, 2024, there were 1,336 franchises in operation and over 2,800 available territories. An additional 77 franchises have been awarded but are not open.

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Winmark Corporation Announces Quarterly Cash Dividend

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CHAIR AND CEO Heffes Brett D exercised 9,997 shares at a strike of $149.65 and sold $3,566,073 worth of shares (8,997 units at $396.36), increasing direct ownership by 0.90% to 112,500 units (SEC Form 4)

CHIEF OPERATING OFFICER Gaudette Renae M. sold $570,165 worth of shares (1,500 units at $380.11) and exercised 3,000 shares at a strike of $80.32, increasing direct ownership by 11% to 15,060 units (SEC Form 4)

CHIEF FINANCIAL OFFICER Ishaug Anthony D sold $918,219 worth of shares (2,400 units at $382.59) and exercised 5,095 shares at a strike of $94.46, increasing direct ownership by 5% to 58,970 units (SEC Form 4)

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