The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

Report for the Calendar Year or Quarter Ended: 03-31-2022
Check here if Amendment   Amendment Number:
This Amendment (Check only one.):   is a restatement.
  adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Watchman Group, Inc.
Address: 5045 LORIMAR DR
SUITE 200
PLANO , TX75093-5739
Form 13F File Number: 028-19900

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name: Deana B Webb
Title: Operations Manager
Phone: 469-241-0122
Signature, Place, and Date of Signing:
Deana B Webb Plano , TX 05-16-2022
[Signature] [City, State] [Date]
Report Type (Check only one.):
X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
  13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
  13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 73
Form 13F Information Table Value Total: 168,641
(thousands)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name

List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
No. Form 13F File Number Name


SEC FORM 13F-HR

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Accelerate Diagnostics Inc COM 00430H102 28 20,000 SH SOLE 20,000 0 0
Accenture PLC A COM G1151C101 3,826 11,344 SH SOLE 11,344 0 0
Aflac Inc COM 001055102 3,800 59,010 SH SOLE 59,010 0 0
Alphabet Inc A COM 02079K305 3,418 1,229 SH SOLE 1,229 0 0
Alphabet Inc C COM 02079K107 3,265 1,169 SH SOLE 1,169 0 0
Amazon.com Inc COM 023135106 329 101 SH SOLE 101 0 0
Amgen Inc COM 031162100 3,110 12,859 SH SOLE 12,859 0 0
Amphenol Corp COM 032095101 3,579 47,503 SH SOLE 47,503 0 0
Apple Inc COM 037833100 728 4,172 SH SOLE 4,172 0 0
Berkshire Hathaway Inc B COM 084670702 5,891 16,692 SH SOLE 16,692 0 0
Carlisle Companies Inc COM 142339100 2,812 11,435 SH SOLE 11,435 0 0
Cisco Systems Inc COM 17275R102 427 7,665 SH SOLE 7,665 0 0
Coca-Cola Co COM 191216100 298 4,800 SH SOLE 4,800 0 0
Costco Wholesale Corp COM 22160K105 710 1,232 SH SOLE 1,232 0 0
D.R. Horton Inc COM 23331A109 3,070 41,198 SH SOLE 41,198 0 0
DFA Emerging Core ETF ETF 25434V302 459 17,510 SH SOLE 17,510 0 0
DFA International Core ETF ETF 25434V203 636 22,573 SH SOLE 22,573 0 0
DFA US Core Equity 1 ETF ETF 25434V104 5,627 178,512 SH SOLE 178,512 0 0
DFA US Targeted Value ETF ETF 25434V609 9,617 206,455 SH SOLE 206,455 0 0
Discovery Communications Inc C COM 25470F302 2,891 115,755 SH SOLE 115,755 0 0
Docusign COM 256163106 1,899 17,729 SH SOLE 17,729 0 0
Enterprise Products Partners LP LP 293792107 205 7,925 SH SOLE 7,925 0 0
Exxon Mobil Corp COM 30231G102 213 2,575 SH SOLE 2,575 0 0
Facebook Inc COM 30303M102 3,411 15,338 SH SOLE 15,338 0 0
FedEx Corp COM 31428X106 3,219 13,911 SH SOLE 13,911 0 0
Generac Holdings Inc COM 368736104 2,102 7,071 SH SOLE 7,071 0 0
General Dynamics COM 369550108 4,278 17,737 SH SOLE 17,737 0 0
Global Payments Inc COM 37940X102 229 1,674 SH SOLE 1,674 0 0
Ii-Vi COM 902104108 2,853 39,361 SH SOLE 39,361 0 0
Intel Corp COM 458140100 316 6,386 SH SOLE 6,386 0 0
Intuit Inc COM 461202103 3,845 7,997 SH SOLE 7,997 0 0
iShares Core S&P Small-Cap ETF ETF 464287804 200 1,859 SH SOLE 1,859 0 0
iShares JPMorgan Emg Mkts Bond ETF ETF 464288281 2,268 23,195 SH SOLE 23,195 0 0
iShares Russell 1000 Growth ETF 464287614 276 995 SH SOLE 995 0 0
iShares Russell 1000 Value ETF 464287598 1,568 9,447 SH SOLE 9,447 0 0
iShares Short Maturity Bond ETF ETF 46431W507 834 16,822 SH SOLE 16,822 0 0
iShares US Medical Devices ETF 464288810 810 13,290 SH SOLE 13,290 0 0
ITT Inc COM 45073V108 2,599 34,560 SH SOLE 34,560 0 0
Johnson & Johnson COM 478160104 4,055 22,882 SH SOLE 22,882 0 0
LKQ Corp COM 501889208 3,277 72,161 SH SOLE 72,161 0 0
Lowes Companies Inc COM 548661107 4,320 21,367 SH SOLE 21,367 0 0
McDonalds Corp COM 580135101 386 1,561 SH SOLE 1,561 0 0
Merck & Co COM 58933Y105 2,077 25,310 SH SOLE 25,310 0 0
Microsoft Corp COM 594918104 5,613 18,207 SH SOLE 18,207 0 0
Nestle SA ADR COM 641069406 932 7,160 SH SOLE 7,160 0 0
NVR Inc COM 62944T105 2,274 509 SH SOLE 509 0 0
Omnicell Inc COM 68213N109 2,521 19,465 SH SOLE 19,465 0 0
PACCAR Inc COM 693718108 2,620 29,752 SH SOLE 29,752 0 0
PayPal Holdings Inc COM 70450Y103 2,281 19,720 SH SOLE 19,720 0 0
PepsiCo Inc COM 713448108 3,506 20,949 SH SOLE 20,949 0 0
PIMCO Active Bond ETF ETF 72201R775 420 4,134 SH SOLE 4,134 0 0
Polaris Industries COM 731068102 2,391 22,706 SH SOLE 22,706 0 0
Procter & Gamble Co COM 742718109 2,593 16,968 SH SOLE 16,968 0 0
Qualcomm COM 747525103 3,936 25,757 SH SOLE 25,757 0 0
Rave Restaurant Group Inc COM 754198109 227 212,450 SH SOLE 212,450 0 0
Ring Energy Inc COM 76680V108 134 35,000 SH SOLE 35,000 0 0
Skyworks Solutions Inc COM 83088M102 3,212 24,100 SH SOLE 24,100 0 0
Stryker Corp COM 863667101 4,592 17,177 SH SOLE 17,177 0 0
Tesla Motors Inc COM 88160R101 3,781 3,509 SH SOLE 3,509 0 0
The Home Depot Inc COM 437076102 759 2,536 SH SOLE 2,536 0 0
UFP Industries, Inc COM 90278Q108 3,589 46,515 SH SOLE 46,515 0 0
Unilever PLC ADR COM 904767704 393 8,625 SH SOLE 8,625 0 0
Union Pacific Corp COM 907818108 4,551 16,655 SH SOLE 16,655 0 0
Vanguard 500 ETF ETF 922908363 1,299 3,130 SH SOLE 3,130 0 0
Vanguard Large-Cap ETF ETF 922908637 280 1,344 SH SOLE 1,344 0 0
Vanguard Short-Term Bond ETF ETF 921937827 502 6,447 SH SOLE 6,447 0 0
Vanguard Short-Term Corporate Bond ETF ETF 92206C409 5,324 68,174 SH SOLE 68,174 0 0
Vanguard Total Stock Mkt ETF ETF 922908769 329 1,447 SH SOLE 1,447 0 0
Verisk Analytics Inc COM 92345Y106 2,968 13,829 SH SOLE 13,829 0 0
Visa Inc COM 92826C839 3,882 17,502 SH SOLE 17,502 0 0
Wal-Mart Stores Inc COM 931142103 482 3,238 SH SOLE 3,238 0 0
Walt Disney Co COM 254687106 2,962 21,592 SH SOLE 21,592 0 0
Yum Brands Inc COM 988498101 527 4,448 SH SOLE 4,448 0 0