Form 4: Weyco Group Director Thomas Florsheim Reports Stock Transactions

Sentiment:

SEC Form 4 27 August 2024 5:47 PM

Director Thomas Florsheim reports acquisition and disposal of Weyco Group Inc. stock, along with holdings in derivative securities.

Summary

On August 26, 2024, Thomas W. Florsheim, a director of Weyco Group Inc., reported transactions involving the company's common stock.
Florsheim disposed of 1,000 shares of common stock at $0 and acquired 1,000 shares at $0.
Following these transactions, Florsheim directly owns 3,050 shares and indirectly owns 526,523 shares through a revocable trust.
He also indirectly owns 77,688 shares through his wife, and 42,355 shares each through two 2022 GRAT #3 trusts for himself and his wife, with his son as trustee.
Florsheim also holds multiple stock options with varying exercise prices and expiration dates, each covering 3,500 shares of common stock.

Sentiment

Score: 5

Explanation: This is a routine filing of stock transactions by a company director, with no clear positive or negative implications. The sentiment is neutral.

Key Dates

Date	Description
08/25/2018	Start date for 20% per year vesting of stock options with an exercise price of $27.94.
08/23/2019	Start date for 20% per year vesting of stock options with an exercise price of $37.22.
08/14/2020	Start date for 20% per year vesting of stock options with an exercise price of $23.38.
08/26/2021	Start date for 20% per year vesting of stock options with an exercise price of $18.
08/25/2022	Start date for 20% per year vesting of stock options with an exercise price of $24.
08/25/2023	Start date for 20% per year vesting of stock options with an exercise price of $28.83.
08/26/2024	Date of reported stock transactions (acquisition and disposal of 1,000 shares each) and start date for 20% per year vesting of stock options with an exercise price of $25.79.
08/27/2024	Date of signature for the Form 4 filing.
08/25/2027	Expiration date for stock options with an exercise price of $27.94.
08/23/2028	Expiration date for stock options with an exercise price of $37.22.
08/14/2029	Expiration date for stock options with an exercise price of $23.38.
08/26/2030	Expiration date for stock options with an exercise price of $18.
08/25/2031	Expiration date for stock options with an exercise price of $24.
08/25/2032	Expiration date for stock options with an exercise price of $28.83.
08/25/2033	Expiration date for stock options with an exercise price of $25.79.

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