Form 4: Weyco Group VP Dustin Combs Sells Shares
SEC Form 4
Dustin Combs, VP of Weyco Group, sold 4,016 shares of common stock at $28.81 per share on March 13, 2024.
Summary
- Dustin Combs, VP, PRESIDENT BOGS & RAFTERS of Weyco Group Inc. (WEYS), sold 4,016 shares of common stock on March 13, 2024.
- The shares were sold at a price of $28.81 per share.
- Following the transaction, Combs directly owns 2,150 shares of Weyco Group Inc.
- Combs also holds multiple stock options with varying exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's future prospects.
Industry Context
Form 4 filings are a routine part of the financial markets, providing transparency into the transactions of company insiders. Investors often monitor these filings to gain insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may interpret the insider sale as a lack of confidence, but it could also be for personal financial reasons.
Key Dates
| Date | Description |
|---|---|
| 08/23/2019 | Start date for vesting of stock options with exercise price $37.22 |
| 08/14/2020 | Start date for vesting of stock options with exercise price $23.38 |
| 08/26/2021 | Start date for vesting of stock options with exercise price $18 |
| 08/25/2022 | Start date for vesting of stock options with exercise price $24 |
| 08/25/2023 | Start date for vesting of stock options with exercise price $28.83 |
| 08/25/2024 | Start date for vesting of stock options with exercise price $25.79 |
| 03/13/2024 | Date of stock sale transaction |
| 03/14/2024 | Date of Form 4 filing |
| 08/23/2028 | Expiration date for stock options with exercise price $37.22 |
| 08/14/2029 | Expiration date for stock options with exercise price $23.38 |
| 08/26/2030 | Expiration date for stock options with exercise price $18 |
| 08/25/2031 | Expiration date for stock options with exercise price $24 |
| 08/25/2032 | Expiration date for stock options with exercise price $28.83 |
| 08/25/2033 | Expiration date for stock options with exercise price $25.79 |
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