Form 4: Weyco Group VP Brian Flannery Acquires Shares
SEC Form 4
Brian Flannery, VP and President of Stacy Adams at Weyco Group Inc., reports the acquisition of 1,450 shares of common stock.
Summary
- Brian Flannery, a VP at Weyco Group Inc., acquired 1,450 shares of common stock on August 26, 2024.
- The shares were acquired at a price of $0.
- Following the transaction, Flannery directly owns 27,988 shares of Weyco Group Inc.
- Flannery also holds multiple stock options with varying exercise prices and expiration dates.
Sentiment
Score: 6
Explanation: Neutral sentiment. The filing simply reports a transaction. The acquisition of shares by an insider is generally viewed as a mildly positive sign, but without additional context, it's difficult to assess the overall impact.
Positives
- The acquisition of shares by a company insider could be seen as a positive signal.
Industry Context
Form 4 filings are routine disclosures required by the SEC when corporate insiders trade their company's stock. They provide transparency into insider activity, which can be informative for investors.
Stakeholder Impact
- Shareholders may view the insider's stock acquisition as a positive signal.
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. |
| 08/26/2024 | Date of common stock acquisition. |
| 08/28/2024 | Date of Form 4 filing. |
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