Winmark COO Renae Gaudette sells $531,519 in stock

Renae M. Gaudette, Chief Operating Officer of Winmark Corp (NASDAQ:WINA), sold common stock totaling $531,519 on October 22, 2026, following the exercise of employee stock options.

Ms. Gaudette disposed of a total of 1,875 shares of Winmark common stock. These sales occurred at prices ranging from $282.80 to $285.19 per share. The transactions were conducted to cover the exercise price of options and associated taxes.The timing of the sale comes as Winmark shares trade near their 52-week low of $275.47, down 11% over the past week. Despite the recent decline, InvestingPro analysis suggests the stock remains undervalued relative to its Fair Value, with shares currently trading at $279.71.

Earlier on the same day, Ms. Gaudette acquired 2,500 shares of common stock by exercising employee stock options at a price of $125.50 per share, totaling $313,750.

Following these transactions, Ms. Gaudette directly holds 21,985 shares of Winmark common stock. She also retains various unexercised employee stock options. InvestingPro subscribers have access to 8 additional exclusive tips about Winmark’s financial health and performance metrics.

In other recent news, Winmark Corporation reported its third-quarter financial results, which showed a mixed performance. The company achieved a revenue of $27.89 million, surpassing analyst expectations of $23.99 million and marking a 23% increase from the previous year. However, the earnings per share came in at $3.21, slightly below the analyst consensus of $3.23. Net income for the quarter was $11.82 million, a rise from $11.14 million in the same period last year. The revenue growth was primarily driven by royalties, which increased to $21.71 million from $20.91 million year over year. Additionally, the launch of a North American Advertising Fund for Plato’s Closet contributed $3.83 million in revenue, although it was offset by equivalent advertising expenses. These developments reflect the company’s recent financial activities and strategic initiatives.