Form 4: WEYCO Director Gifts Shares, Updates Holdings
Insider Transaction Report
WEYCO Group Inc. Director Frederick P. Stratton Jr. reported gifting 1,800 shares of common stock, adjusting his beneficial ownership.
Summary
- Frederick P. Stratton Jr., a Director and 10% owner of WEYCO Group Inc., reported a disposition of 1,800 shares of common stock.
- The transaction occurred on December 23, 2025, and was classified as a gift (Code G) with a price of $0 per share.
- Following this transaction, Mr. Stratton directly owns 3,880 shares of common stock.
- He also indirectly beneficially owns 103,127 shares through the Frederick P. Stratton Jr. Survivor Trust, 20,000 shares through the Ann Stratton Marital Trust B of 2005, and 30,300 shares through the Fred and Anne Stratton 2012 Family Trust.
- Mr. Stratton holds various stock options, including 2,000 options at an exercise price of $37.22, 3,500 at $18, 3,500 at $24, 3,500 at $28.83, and 3,500 at $25.79, all vesting 20% annually over five years.
Sentiment
Score: 5
Explanation: The filing reports a routine insider gift transaction, which is neutral for the company's operational performance and typically reflects personal estate planning rather than a change in company fundamentals or outlook.
Positives
- No direct positives for the company's operational performance from this specific transaction, as it represents a personal estate planning move by a director.
Negatives
- No direct negatives for the company's operational performance from this specific transaction, as it represents a personal estate planning move by a director.
Risks
- No specific risks to the company were mentioned in this Form 4 filing.
Future Outlook
No forward-looking statements or guidance were provided in this Form 4 filing.
Industry Context
This filing reports a routine insider transaction and does not provide information relevant to broader industry trends or competitor analysis.
Related Party Transactions
- Frederick P. Stratton Jr. gifted 1,800 shares of common stock to an unspecified recipient. The shares were disposed of for $0, consistent with a gift. This transaction is a change in beneficial ownership by a director and 10% owner.
Stakeholder Impact
- Shareholders: A minor reduction in direct insider ownership, but overall beneficial ownership remains substantial through trusts. This is a routine estate planning transaction and not indicative of a change in confidence.
- Employees, Customers, Suppliers, Creditors: No direct impact from this insider transaction report.
Key Dates
| Date | Description |
|---|---|
| 08/23/2019 | Start of 5-year vesting period for 2,000 stock options at $37.22. |
| 08/26/2021 | Start of 5-year vesting period for 3,500 stock options at $18. |
| 08/25/2022 | Start of 5-year vesting period for 3,500 stock options at $24. |
| 08/25/2023 | Start of 5-year vesting period for 3,500 stock options at $28.83. |
| 08/25/2024 | Start of 5-year vesting period for 3,500 stock options at $25.79. |
| 12/23/2025 | Date of gift transaction of 1,800 common shares. |
| 12/30/2025 | Date the Form 4 was signed and filed. |
| 08/23/2028 | Expiration date for 2,000 stock options at $37.22. |
| 08/26/2030 | Expiration date for 3,500 stock options at $18. |
| 08/25/2031 | Expiration date for 3,500 stock options at $24. |
| 08/25/2032 | Expiration date for 3,500 stock options at $28.83. |
| 08/25/2033 | Expiration date for 3,500 stock options at $25.79. |
Keywords
WEYCO Group Inc., WEYS, Form 4, Insider Transaction, Stock Gift, Beneficial Ownership, Director Holdings, Stock Options
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