Form 4: Weyco Group VP Allison Woss Exercises 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 July 17, 2024.
Summary
- On July 17, 2024, Allison Woss, VP of Supply Chain at Weyco Group Inc. (WEYS), exercised stock options to acquire 1,250 shares of common stock at a price of $27.94.
- Woss also disposed of 1,038 shares of common stock at a price of $33.67.
- Following these transactions, Woss directly owns 6,037 shares of Weyco Group Inc.
- Woss also holds various stock options with different exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- Shareholders may be interested in insider trading activity as an indicator of management's confidence in the company.
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 |
| 07/17/2024 | Date of stock option exercise and share disposal |
| 08/25/2024 | Start date for 20% per year vesting of stock options expiring 08/25/2033 |
| 08/25/2027 | Expiration date of stock options |
| 08/23/2028 | Expiration date of stock options |
| 08/14/2029 | Expiration date of stock options |
| 08/26/2030 | Expiration date of stock options |
| 08/25/2031 | Expiration date of stock options |
| 08/25/2032 | Expiration date of stock options |
| 08/25/2033 | Expiration date of stock options |
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