Form 4: Weyco Group VP Dustin Combs Reports Stock Option Exercise and Share Disposal
SEC Form 4 Filing
Dustin Combs, VP of Weyco Group, exercised stock options and disposed of shares on November 7, 2024, according to a Form 4 filing with the SEC.
Summary
- Dustin Combs, a VP at Weyco Group, filed a Form 4 with the SEC.
- On November 7, 2024, Combs exercised stock options to acquire 4,000 shares of common stock at a price of $37.22.
- Also on November 7, 2024, Combs disposed of 3,671 shares of common stock at a price of $41.04.
- Following these transactions, Combs directly owns 3,029 shares of Weyco Group common stock.
- Combs also holds options to acquire additional shares of common stock at various exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard SEC filing reporting insider 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 and doesn't necessarily indicate a broader trend within the footwear industry.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but it's unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 08/23/2019 | Start date for 20% per year vesting of stock options for 5 years. |
| 08/26/2021 | Start date for 20% per year vesting of stock options for 5 years. |
| 08/25/2022 | Start date for 20% per year vesting of stock options for 5 years. |
| 08/25/2023 | Start date for 20% per year vesting of stock options for 5 years. |
| 08/25/2024 | Start date for 20% per year vesting of stock options for 4 years. |
| 11/07/2024 | Date of stock option exercise and share disposal. |
| 11/12/2024 | Date of Form 4 filing. |
| 08/23/2028 | Expiration date of stock options granted on 08/23/2019. |
| 08/26/2030 | Expiration date of stock options granted on 08/26/2021. |
| 08/25/2031 | Expiration date of stock options granted on 08/25/2022. |
| 08/25/2032 | Expiration date of stock options granted on 08/25/2023. |
| 08/25/2033 | Expiration date of stock options granted on 08/25/2024. |
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