Form 4: Weyco Group Officer Damian Walton Reports Sale of Common Stock
SEC Form 4 Filing
Damian Walton, President-Florsheim Australia at Weyco Group Inc, reported selling 1,340 shares of common stock at $32.50 per share on September 9, 2024.
Summary
- Damian Walton, President-Florsheim Australia at Weyco Group Inc, filed a Form 4 with the SEC.
- The report details a transaction where Walton sold 1,340 shares of Weyco Group Inc common stock on September 9, 2024.
- The sale price was $32.50 per share.
- Following the transaction, Walton directly owns 7,030 shares of Weyco Group Inc common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock sale by an officer. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This allows investors to see if those with intimate knowledge of the company are buying or selling stock.
Stakeholder Impact
- The sale of shares by an officer could be perceived negatively by some shareholders, but it's a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 09/06/2024 | Date of Earliest Transaction |
| 09/09/2024 | Date of stock sale transaction |
| 09/10/2024 | Date of signature on the form |
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