Form 4: Weyco Group VP Brian Flannery Reports Stock Option Exercises and Share Disposals
SEC Form 4
Brian Flannery, VP and President of Stacy Adams at Weyco Group, exercised stock options and disposed of shares on November 7, 2024.
Summary
- Brian Flannery, a VP at Weyco Group, filed a Form 4 detailing changes in beneficial ownership.
- On November 7, 2024, Flannery exercised stock options to acquire common stock at prices ranging from $23.38 to $37.22.
- These exercises involved multiple tranches of options that vested over time.
- Flannery also disposed of 16,270 shares of common stock at a price of $41.04.
- Following these transactions, Flannery directly owns 34,376 shares of Weyco Group common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing insider transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a broader trend within the apparel industry.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 08/25/2018 | First date of exercisability for one of the stock option tranches. |
| 08/23/2019 | First date of exercisability for one of the stock option tranches. |
| 08/14/2020 | First date of exercisability for one of the stock option tranches. |
| 08/26/2021 | First date of exercisability for one of the stock option tranches. |
| 08/25/2022 | First date of exercisability for one of the stock option tranches. |
| 08/25/2023 | First date of exercisability for one of the stock option tranches. |
| 08/25/2024 | First date of exercisability for one of the stock option tranches. |
| 08/25/2027 | Expiration date for one of the stock option tranches. |
| 08/23/2028 | Expiration date for one of the stock option tranches. |
| 08/14/2029 | Expiration date for one of the stock option tranches. |
| 08/26/2030 | Expiration date for one of the stock option tranches. |
| 08/25/2031 | Expiration date for one of the stock option tranches. |
| 08/25/2032 | Expiration date for one of the stock option tranches. |
| 08/25/2033 | Expiration date for one of the stock option tranches. |
| 11/07/2024 | Date of stock option exercises and share disposals. |
| 11/12/2024 | Date of Form 4 filing. |
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