WEYS.NASDAQWeyco Group INC

Form 4: Weyco Group Director, Frederick P. Stratton Jr., Reports Share Transactions and Option Holdings

Sentiment:

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

DateDescription
08/25/2018Start date for vesting of stock options at $27.94.
08/23/2019Start date for vesting of stock options at $37.22.
08/14/2020Start date for vesting of stock options at $23.38.
08/26/2021Start date for vesting of stock options at $18.
08/25/2022Start date for vesting of stock options at $24.
08/25/2023Start date for vesting of stock options at $28.83.
08/25/2024Start date for vesting of stock options at $25.79 and date of the most recent transaction.
11/13/2024Date of the reported share gift transaction.
11/14/2024Date of the filing.

Keywords

Form 4, Beneficial Ownership, Stock Options, Share Transactions, Director Holdings, Weyco Group, WEYS, Trusts

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