Form 4: Weyco Group VP, Marketing, Jeffrey S. Douglass, Sells Shares
SEC Form 4
Jeffrey S. Douglass, VP of Marketing at Weyco Group Inc., recently sold shares of common stock, according to a Form 4 filing with the SEC.
Summary
- On August 15, 2024, Jeffrey S. Douglass, VP of Marketing at Weyco Group Inc., sold 32 shares of common stock at a price of $34.3 per share.
- Following this transaction, Douglass directly owns 4,775 shares of Weyco Group Inc.
- On August 19, 2024, Jeffrey S. Douglass sold 500 shares of common stock at a price of $33.73 per share.
- Following this transaction, Douglass directly owns 4,275 shares of Weyco Group Inc.
- Douglass also holds multiple stock options with varying exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock sales by an officer. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.
Stakeholder Impact
- The sale of shares by a company officer could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily indicate a lack of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 08/23/2019 | Date exercisable for some stock options |
| 08/14/2020 | 20% per year for 5 years beginning 08/14/2020 |
| 08/14/2020 | Date exercisable for some stock options |
| 08/26/2021 | 20% per year for 5 years beginning 08/26/2021 |
| 08/26/2021 | Date exercisable for some stock options |
| 08/25/2022 | 20% per year for 5 years beginning 08/25/2022 |
| 08/25/2022 | Date exercisable for some stock options |
| 08/25/2023 | 20% per year for 5 years beginning 08/25/2023 |
| 08/25/2023 | Date exercisable for some stock options |
| 08/15/2024 | Date of transaction: Sale of 32 shares at $34.3 |
| 08/25/2024 | 20% per year for 5 years beginning 08/25/2024 |
| 08/25/2024 | Date exercisable for some stock options |
| 08/19/2024 | Date of transaction: Sale of 500 shares at $33.73 |
| 08/20/2024 | Date of signature |
| 08/23/2028 | Expiration date for some stock options |
| 08/14/2029 | Expiration date for some stock options |
| 08/26/2030 | Expiration date for some stock options |
| 08/25/2031 | Expiration date for some stock options |
| 08/25/2032 | Expiration date for some stock options |
| 08/25/2033 | Expiration date for some stock options |
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