Form 4: WEYS CFO Judy Anderson Disposes Shares for Tax
Insider Transaction Report
WEYCO GROUP INC's VP/CFO, Judy Anderson, disposed of 377 common shares to cover tax withholding obligations related to restricted stock vesting.
Summary
- Judy Anderson, VP/CFO of WEYCO GROUP INC (WEYS), disposed of 377 shares of common stock on August 26, 2025.
- The disposition was made at a price of $30.04 per share.
- These shares were used to satisfy tax withholding obligations upon the vesting of restricted stock.
- Following this transaction, Ms. Anderson directly beneficially owns 14,418 shares of common stock.
- Ms. Anderson also holds various stock options, including 3,000 options with an exercise price of $18 (vesting 20% annually from 08/26/2021), 3,000 options with an exercise price of $24 (vesting 20% annually from 08/25/2022), 3,900 options with an exercise price of $28.83 (vesting 20% annually from 08/25/2023), and 3,900 options with an exercise price of $25.79 (vesting 20% annually from 08/25/2024).
Sentiment
Score: 5
Explanation: Neutral. The transaction is a routine disposition of shares to cover tax obligations upon restricted stock vesting, which is a common and expected event for executives.
Positives
- The transaction indicates the vesting of restricted stock, which is a positive for the executive and reflects the company's equity compensation program, aligning management's interests with shareholders.
Future Outlook
NA
Industry Context
This is a routine insider transaction for tax purposes and does not provide specific insights into broader industry trends or competitive landscape.
Stakeholder Impact
- Minimal direct impact on shareholders as this is a small, routine transaction for tax purposes.
- Positive for the executive (Judy Anderson) as it reflects the vesting of equity compensation.
Key Dates
| Date | Description |
|---|---|
| 08/26/2021 | Start of 5-year annual 20% vesting for 3,000 stock options with an exercise price of $18. |
| 08/25/2022 | Start of 5-year annual 20% vesting for 3,000 stock options with an exercise price of $24. |
| 08/25/2023 | Start of 5-year annual 20% vesting for 3,900 stock options with an exercise price of $28.83. |
| 08/25/2024 | Start of 5-year annual 20% vesting for 3,900 stock options with an exercise price of $25.79. |
| 08/26/2025 | Date of common stock disposition to satisfy tax withholding obligations. |
| 09/12/2025 | Signature date of the reporting person for the Form 4 filing. |
| 08/25/2030 | Expiration date for 3,000 stock options with an exercise price of $18. |
| 08/25/2031 | Expiration date for 3,000 stock options with an exercise price of $24. |
| 08/25/2032 | Expiration date for 3,900 stock options with an exercise price of $28.83. |
| 08/25/2033 | Expiration date for 3,900 stock options with an exercise price of $25.79. |
Keywords
WEYCO GROUP INC, WEYS, Judy Anderson, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock, CFO
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