Form 4: Weyco Group Inc. VP/CFO Judy Anderson Reports Stock Sale and Option Holdings

Judy Anderson, VP/CFO of Weyco Group Inc., sold 2,893 shares of common stock and reported holdings of various stock options.

Summary

• Judy Anderson, the VP/CFO of Weyco Group Inc., filed a Form 4 disclosing a sale of 2,893 shares of common stock at a price of $37.98 per share on November 12, 2024.
• Following the transaction, Anderson directly owns 13,100 shares of Weyco Group Inc. common stock.
• The filing also details Anderson's holdings of several stock options, each for 3,000 or 3,900 shares, with varying exercise prices and vesting schedules.
• These stock options were granted in 2021, 2022, 2023 and 2024 and vest 20% per year over 5 years, except for the 2024 grant which vests over 4 years.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing of an insider transaction, and does not indicate any positive or negative sentiment.

Industry Context

Form 4 filings are a standard part of regulatory compliance for company insiders, providing transparency into their transactions and holdings. This filing is typical for a company like Weyco Group Inc.

Comparison to Industry Standards

• Form 4 filings are a common practice across all publicly traded companies in the US, including competitors of Weyco Group Inc.
• The details of the stock options and vesting schedules are typical for executive compensation packages in the industry.
• The sale of 2,893 shares is not unusual for an executive and is within the normal range of insider transactions.

Stakeholder Impact

• The stock sale by a company executive may be of interest to shareholders, but is not likely to have a significant impact on the company's operations or financial health.

Key Dates

Keywords

Form 4, insider trading, stock options, stock sale, beneficial ownership, WEYCO, WEYCO GROUP INC, Judy Anderson