Form 4: Weyco Group VP of Supply Chain, Allison Woss, Sells Shares
SEC Form 4 Filing
Allison Woss, VP of Supply Chain at Weyco Group Inc, sold a total of 1,811 shares of common stock in two transactions on November 13th and 14th, 2024.
Summary
- Allison Woss, the VP of Supply Chain at Weyco Group Inc, has reported the sale of company stock.
- On November 13, 2024, she sold 1,463 shares at a price of $37.81 per share.
- On November 14, 2024, she sold an additional 348 shares at $37.40 per share.
- Following these transactions, Ms. Woss directly owns 7,275 shares of Weyco Group Inc common stock.
- Ms. Woss also holds multiple stock options that vest over time, with exercise prices ranging from $18 to $28.83.
Sentiment
Score: 5
Explanation: The document is a neutral report of insider trading activity. It doesn't indicate positive or negative sentiment, but rather a factual record of transactions.
Risks
- Insider selling can sometimes be perceived negatively by the market, potentially impacting investor sentiment.
Industry Context
This is a routine SEC Form 4 filing, which is common for corporate officers who trade company stock. It provides transparency into insider transactions.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- The stock sales by Ms. Woss are relatively small compared to the overall market capitalization of Weyco Group Inc, and are not unusual for executives who hold stock options and shares.
Stakeholder Impact
- The stock sales may have a minor impact on shareholder sentiment, but are unlikely to significantly affect the company's operations or financial health.
Key Dates
| Date | Description |
|---|---|
| 08/26/2021 | Start date for vesting of 2,000 stock options at $18 exercise price. |
| 08/25/2022 | Start date for vesting of 2,000 stock options at $24 exercise price. |
| 08/25/2023 | Start date for vesting of 2,513 stock options at $28.83 exercise price. |
| 08/25/2024 | Start date for vesting of 3,900 stock options at $25.79 exercise price. |
| 11/13/2024 | Date of first reported stock sale of 1,463 shares. |
| 11/14/2024 | Date of second reported stock sale of 348 shares and date of filing. |
Keywords
Weyco Group Inc, insider trading, stock sale, Allison Woss, WEYS, stock options, executive compensation, supply chain
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