Form 4: Weyco Group VP Dustin Combs Sells Shares in August 2024
SEC Form 4
Dustin Combs, VP of Bogs & Rafters at Weyco Group Inc, sold a portion of his common stock holdings between August 27th and August 29th, 2024.
Summary
- Dustin Combs, a VP at Weyco Group Inc, reported the sale of common stock over three days in late August 2024.
- On August 27, 2024, 677 shares were sold at $34.13 per share.
- On August 28, 2024, 429 shares were sold at $34.18 per share.
- On August 29, 2024, 144 shares were sold at $34.09 per share.
- Following these transactions, Combs directly owns 3,921 shares of Weyco Group Inc common stock.
- Combs also holds several stock options with varying exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock sales by an officer. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency into insider transactions.
Industry Context
Form 4 filings are a routine part of the regulatory landscape, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock sale by a company insider could be perceived negatively by some shareholders, potentially leading to slight selling pressure on the stock.
Key Dates
| Date | Description |
|---|---|
| 08/23/2019 | First date of exercisability for a stock option grant, vesting 20% per year for 5 years |
| 08/26/2021 | First date of exercisability for a stock option grant, vesting 20% per year for 5 years |
| 08/25/2022 | First date of exercisability for a stock option grant, vesting 20% per year for 5 years |
| 08/25/2023 | First date of exercisability for a stock option grant, vesting 20% per year for 5 years |
| 08/25/2024 | First date of exercisability for a stock option grant, vesting 20% per year for 5 years |
| 08/27/2024 | Sale of 677 shares of Common Stock at $34.13 |
| 08/28/2024 | Sale of 429 shares of Common Stock at $34.18 |
| 08/29/2024 | Sale of 144 shares of Common Stock at $34.09 |
| 08/23/2028 | Expiration date for a stock option grant |
| 08/26/2030 | Expiration date for a stock option grant |
| 08/25/2031 | Expiration date for a stock option grant |
| 08/25/2032 | Expiration date for a stock option grant |
| 08/25/2033 | Expiration date for a stock option grant |
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