---
schema_version: "secwatch.filing_event.v1"
accession: "0000908315-22-000029"
form_type: "8-K"
ticker: "WINA"
cik: "0000908315"
company_name: "WINMARK CORP"
filed_at: "2022-08-03T23:59:59+00:00"
generated_at: "2026-06-24T05:35:50.457722+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Winmark director Paul Reyelts to not seek re-election in 2023; Percy Tomlinson named Lead Director

## Summary
- Paul C. Reyelts will not stand for re-election at the April 2023 annual meeting, continues as director and Audit Committee chair until then.
- Reyelts served on the board for 22 years, including as independent Lead Director since 2003.
- Board appointed director Percy C. Tomlinson as independent Lead Director, effective immediately.
- Tomlinson brings over 30 years of executive and financial management experience, having served as CEO and CFO of public companies.

## SEC filing metadata
- accession: 0000908315-22-000029
- form_type: 8-K
- ticker: WINA
- cik: 0000908315
- company_name: WINMARK CORP
- filed_at: 2022-08-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908315/000090831522000029/0000908315-22-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908315/000090831522000029/tmb-20220803x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000908315-22-000029
- JSON: https://secwatch.observer/filing/0000908315-22-000029.json
- Plain text: https://secwatch.observer/filing/0000908315-22-000029.txt

## Key facts
- Executive change
  Percy C. Tomlinson Jr. was appointed as Lead Director at WINMARK CORP.
  - Action: appointed
  - Role: Lead Director
  source text: On August 3, 2022, the Company also announced that its Board has named director Percy C. (Tom) Tomlinson, Jr. as its independent Lead Director, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/908315/000090831522000029/0000908315-22-000029-index.htm
- Executive change
  Paul C. Reyelts departed as Director at WINMARK CORP.
  - Action: will not stand for re-election
  - Role: Director
  source text: On August 3, 2022, Paul C. Reyelts, a member of the Board of Directors (the “Board”) of Winmark Corporation (the “Company”) notified the Company that he will not stand for re-election at the Company’s Annual Meeting of Shareholders to be held on or about April 26, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/908315/000090831522000029/0000908315-22-000029-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.