Winmark adds Keith Credendino to board; Jenele Grassle won't seek re-election
Winmark Corporation said director Jenele C. Grassle will not stand for re-election at its April 2026 annual meeting and will serve until then. Effective August 7, 2025, the board expanded from seven to eight members and elected Keith Credendino, who received an option to buy 3,000 shares of common stock under the company's 2020 Stock Option Plan.
Key points
- Grassle notified the company on August 6, 2025, and remains on the board until the annual meeting on or about April 22, 2026.
- Board size increased from seven to eight authorized directors effective August 7, 2025.
- Keith Credendino was elected to the board and Audit Committee; he is Chief Information and Technology Officer at Macy's, Inc.
- Credendino received an option to purchase 3,000 shares of common stock.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 07, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.