WEYS.NASDAQWeyco Group INC
Form 4: Weyco Group COO John Florsheim Exercises Stock Options and Disposes of Shares
Sentiment:
SEC Form 4
John Florsheim, COO of Weyco Group Inc., exercised stock options and disposed of shares on November 7, 2024.
Summary
- On November 7, 2024, John W. Florsheim, the President and COO of Weyco Group Inc., exercised stock options to acquire 15,000 shares at $27.94 and 10,000 shares at $23.38.
- Following these transactions, Mr. Florsheim disposed of 19,728 shares at $41.04.
- After the reported transactions, Mr. Florsheim directly owns 435,038 shares of common stock.
- He also indirectly owns 94,619 shares held in a 2018 Irrevocable Trust, 307,404 shares as trustee for children, 74,476 shares by his wife, and 221,873 shares in the John Florsheim Family Trust.
Sentiment
Score: 5
Explanation: This is a routine Form 4 filing, indicating normal executive compensation activity. It doesn't inherently suggest positive or negative sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/25/2018 | Start date for 20% per year vesting of stock options for 5 years. |
| 08/14/2020 | Start date for 20% per year vesting of stock options for 5 years. |
| 08/26/2021 | Start date for 20% per year vesting of stock options for 5 years. |
| 08/25/2022 | Start date for 20% per year vesting of stock options for 5 years. |
| 08/25/2023 | Start date for 20% per year vesting of stock options for 5 years. |
| 08/23/2019 | Start date for 20% per year vesting of stock options for 5 years. |
| 08/25/2024 | Start date for 20% per year vesting of stock options for 4 years. |
| 11/07/2024 | Date of stock option exercise and share disposal. |
| 08/25/2027 | Expiration date of stock options. |
| 08/23/2028 | Expiration date of stock options. |
| 08/14/2029 | Expiration date of stock options. |
| 08/26/2030 | Expiration date of stock options. |
| 08/25/2031 | Expiration date of stock options. |
| 08/25/2032 | Expiration date of stock options. |
| 08/25/2033 | Expiration date of stock options. |
| 11/12/2024 | Date of signature. |
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