Form 4: Weyco Group VP Allison Woss Executes Stock Options and Disposes of Shares
SEC Form 4
Allison Woss, VP of Supply Chain at Weyco Group Inc., exercised stock options and disposed of shares on November 7, 2024.
Summary
- On November 7, 2024, Allison Woss, VP of Supply Chain at Weyco Group Inc., executed stock options.
- Woss exercised options at prices of $27.94, $37.22, $23.38, and $28.83.
- These transactions resulted in the acquisition of 1,250, 1,500, 2,000, and 1,387 shares of common stock, respectively.
- Woss also disposed of 4,326 shares of common stock at a price of $41.04.
- Following these transactions, Woss directly owns 9,086 shares of Weyco Group Inc.
- Woss also holds derivative securities in the form of stock options.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
- The transactions do not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 08/25/2018 | Start date for 20% per year vesting of stock options expiring 08/25/2027 |
| 08/23/2019 | Start date for 20% per year vesting of stock options expiring 08/23/2028 |
| 08/14/2020 | Start date for 20% per year vesting of stock options expiring 08/14/2029 |
| 08/26/2021 | Start date for 20% per year vesting of stock options expiring 08/26/2030 |
| 08/25/2022 | Start date for 20% per year vesting of stock options expiring 08/25/2031 |
| 08/25/2023 | Start date for 20% per year vesting of stock options expiring 08/25/2032 |
| 08/25/2024 | Start date for 20% per year vesting of stock options expiring 08/25/2033 |
| 11/07/2024 | Date of earliest transaction: stock option exercise and share disposal |
| 11/12/2024 | Date of Form 4 filing |
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