Form 4: Weyco Group Director, Frederick P. Stratton Jr., Reports Share Transactions and Option Holdings
SEC Form 4 Filing
Frederick P. Stratton Jr., a director at Weyco Group Inc, reported a gift of 2,000 common shares and details of his holdings in various trusts, as well as his stock option holdings.
Summary
- Frederick P. Stratton Jr., a director at Weyco Group Inc, filed a Form 4 detailing changes in his beneficial ownership of company stock.
- The filing reports a gift of 2,000 common shares, which were disposed of at a price of $0.
- Stratton's holdings include 101,650 shares held in the Frederick P. Stratton Jr. Survivor Trust, 20,000 shares in the Ann Stratton Marital Trust B of 2005, and 30,300 shares in the Fred and Anne Stratton 2012 Family Trust.
- The filing also details Stratton's holdings of stock options, with various exercise prices and expiration dates, each for 3,500 shares.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, not indicative of positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the holdings of company directors.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
- The reported transactions and holdings are typical for a company director and are similar to those of directors at comparable companies such as Skechers and Wolverine World Wide.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the holdings of a company director.
Key Dates
| Date | Description |
|---|---|
| 08/25/2018 | Start date for vesting of stock options at $27.94. |
| 08/23/2019 | Start date for vesting of stock options at $37.22. |
| 08/14/2020 | Start date for vesting of stock options at $23.38. |
| 08/26/2021 | Start date for vesting of stock options at $18. |
| 08/25/2022 | Start date for vesting of stock options at $24. |
| 08/25/2023 | Start date for vesting of stock options at $28.83. |
| 08/25/2024 | Start date for vesting of stock options at $25.79 and date of the most recent transaction. |
| 11/13/2024 | Date of the reported share gift transaction. |
| 11/14/2024 | Date of the filing. |
Keywords
Form 4, Beneficial Ownership, Stock Options, Share Transactions, Director Holdings, Weyco Group, WEYS, Trusts
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