<SEC-DOCUMENT>0001415889-25-012104.txt : 20250506
<SEC-HEADER>0001415889-25-012104.hdr.sgml : 20250506
<ACCEPTANCE-DATETIME>20250506162243
ACCESSION NUMBER:		0001415889-25-012104
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250506
FILED AS OF DATE:		20250506
DATE AS OF CHANGE:		20250506

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Ishaug Anthony D
		CENTRAL INDEX KEY:			0001444464
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-22012
		FILM NUMBER:		25917608

	MAIL ADDRESS:	
		STREET 1:		605 HWY 169 N
		STREET 2:		SUITE 400
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55441

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WINMARK CORP
		CENTRAL INDEX KEY:			0000908315
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-MISCELLANEOUS RETAIL [5900]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				411622691
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1227

	BUSINESS ADDRESS:	
		STREET 1:		605 HIGHWAY 169 N SUITE 400
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55441
		BUSINESS PHONE:		763-520-8500

	MAIL ADDRESS:	
		STREET 1:		605 HIGHWAY 169 N SUITE 400
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55441

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GROW BIZ INTERNATIONAL INC
		DATE OF NAME CHANGE:	19930629
</SEC-HEADER>
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                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Employee Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>197.80</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2023-06-01</value>
                <footnoteId id="F5"/>
            </exerciseDate>
            <expirationDate>
                <value>2032-06-01</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>5920</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5920</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value></value>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Employee Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>238.60</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2023-12-12</value>
                <footnoteId id="F5"/>
            </exerciseDate>
            <expirationDate>
                <value>2032-12-12</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3780</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3780</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value></value>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Employee Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>325.99</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2024-06-01</value>
                <footnoteId id="F5"/>
            </exerciseDate>
            <expirationDate>
                <value>2033-06-01</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>2600</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2600</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value></value>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Employee Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>355.90</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2025-06-01</value>
                <footnoteId id="F5"/>
            </exerciseDate>
            <expirationDate>
                <value>2034-06-01</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>2260</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2260</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value></value>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Employee Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>400.97</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2025-12-09</value>
                <footnoteId id="F5"/>
            </exerciseDate>
            <expirationDate>
                <value>2034-12-09</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>2060</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2060</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value></value>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">169 shares sold at an average price of $368.14, with a range of $367.70 to $368.40, to cover a portion of the payment of exercise price of and taxes due on option exercises included on this Form 4</footnote>
        <footnote id="F2">1,034 shares sold at an average price of $367.03, with a range of $366.98 to $367.39, to cover a portion of the payment of exercise price of and taxes due on option exercises included on this Form 4</footnote>
        <footnote id="F3">89 shares sold at an average price of $365.61, with a range of $365.24 to $366.24, to cover a portion of the payment of exercise price of and taxes due on option exercises included on this Form 4</footnote>
        <footnote id="F4">308 shares sold at an average price of $365.09, with a range of $365.00 to $365.23, to cover a portion of the payment of exercise price of and taxes due on option exercises included on this Form 4</footnote>
        <footnote id="F5">25% per year for four years.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Anthony D. Ishaug</signatureName>
        <signatureDate>2025-05-06</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
