Form 4: Weyco Group VP Exercises Stock Options and Disposes of Shares
SEC Form 4 Filing
Katherine Destinon, VP and President of Nunn Bush at Weyco Group Inc., exercised stock options and disposed of shares on November 7, 2024.
Summary
- On November 7, 2024, Katherine Destinon, VP and President of Nunn Bush at Weyco Group Inc., exercised stock options to acquire common stock at prices ranging from $18 to $37.22.
- She acquired a total of 10,437 shares through option exercises.
- Destinon also disposed of 6,391 shares to cover tax obligations at a price of $41.04.
- Following these transactions, Destinon directly owns 8,785 shares of Weyco Group Inc. common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard Form 4 filing detailing insider transactions.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.
Key Dates
| Date | Description |
|---|---|
| 08/23/2019 | First date stock options become exercisable (20% per year for 5 years). |
| 08/14/2020 | First date stock options become exercisable (20% per year for 5 years). |
| 08/26/2021 | First date stock options become exercisable (20% per year for 5 years). |
| 08/25/2022 | First date stock options become exercisable (20% per year for 5 years). |
| 08/25/2023 | First date stock options become exercisable (20% per year for 5 years). |
| 08/25/2024 | First date stock options become exercisable (20% per year for 5 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. |
| 08/14/2029 | Expiration date of stock options. |
| 08/26/2030 | Expiration date of stock options. |
| 08/25/2031 | Expiration date of stock options. |
| 08/25/2032 | Expiration date of stock options. |
| 08/25/2033 | Expiration date of stock options. |
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