WEYS.NASDAQWeyco Group INC

4/A: Weyco Group Inc. Executive Corrects Stock Transaction Reporting Error

Sentiment:

SEC Form 4/A Amendment


Dustin Combs, VP and President of Bogs & Rafters at Weyco Group Inc., files an amendment to correct a previously reported stock transaction on August 29, 2024.

Summary

  • Dustin Combs, a VP and President at Weyco Group Inc., filed an amended Form 4 to correct errors in a previous filing regarding a stock transaction.
  • The amendment addresses inaccuracies in the amount of securities disposed of and the amount of securities beneficially owned following the reported transaction on August 29, 2024.
  • The corrected amounts are 104 shares disposed of and 3,961 shares beneficially owned, instead of the originally reported 144 and 3,921 shares respectively.
  • The original transaction involved the sale of common stock at a price of $34.09 per share.

Sentiment

Score: 7

Explanation: The document is a routine correction of a filing, indicating standard corporate governance procedures are being followed. The sentiment is neutral to slightly positive as it shows transparency.

Negatives

  • The original Form 4 filing contained errors in reporting the amount of securities disposed of and beneficially owned.

Industry Context

Form 4 filings are standard practice for reporting transactions by company insiders, and amendments are sometimes necessary to correct errors.

Stakeholder Impact

  • Corrected information ensures accurate reporting to shareholders and the public.

Key Dates

DateDescription
08/29/2024Date of original transaction and original Form 4 filing with errors.
08/29/2024Date of amended Form 4/A filing to correct errors.

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