[Form 4] ROCKY BRANDS, INC. Insider Trading Activity

Rhea-AI Filing Summary

Rocky Brands (RCKY): A company director and officer (Assistant Secretary) reported multiple insider transactions. On 11/04/2025, the insider exercised stock options for 5,000 shares at $28.07 per share, then sold common stock in several open‑market trades: 4,000 shares at a weighted average $28.80 on 11/04, 1,000 at $28.75 on 11/05, and 4,775 at $32.43 on 11/06.

In an indirect Keogh account, the insider sold 2,619 shares at a weighted average $29.65 on 11/05 and 2,162 at $32.39 on 11/06. Following these transactions, the insider held 95,454 shares directly and 0 shares in the Keogh account.

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Routine Form 4: option exercise and open‑market sales.

This filing lists a standard option exercise at $28.07 for 5,000 shares, followed by open‑market sales at disclosed weighted average prices across 11/04/2025–11/06/2025. Such transactions commonly reflect personal liquidity or portfolio management rather than company fundamentals.

The filing reports final holdings of 95,454 shares directly and zero in the Keogh account after sales. Prices ranged from $28.75 to $32.43. Actual impact on valuation is typically minimal; activity depends on individual trading decisions and market conditions.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LOVELAND CURTIS A

(Last) (First) (Middle)

PORTER, WRIGHT, MORRIS & ARTHUR LLP

41 SOUTH HIGH STREET

(Street)

COLUMBUS OH 43215

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ROCKY BRANDS, INC. [ RCKY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Assistant Secretary

3. Date of Earliest Transaction (Month/Day/Year)
11/04/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, without par value	11/04/2025		M		5,000	A	$28.07	105,229	D
Common Stock, without par value	11/04/2025		S		4,000	D	$28.8(1)	101,229	D
Common Stock, without par value	11/05/2025		S		1,000	D	$28.75(2)	100,229	D
Common Stock, without par value	11/06/2025		S		4,775	D	$32.43(3)	95,454	D
Common Stock, without par value	11/05/2025		S		2,619	D	$29.65(4)	2,162	I	Held in Keogh account.
Common Stock, without par value	11/06/2025		S		2,162	D	$32.39	0.0000	I	Held in Keogh account.

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$28.07	11/04/2025		M			5,000	(5)	01/04/2026	Common Stock, without par value	5,000	$0.0000	0.0000	D

Explanation of Responses:

1. Price represents a weighted average of the sale price. Shares were sold at prices ranging from $28.75 to $28.80. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person will provide the full information about the number of shares sold at each separate price.

2. Price represents a weighted average of the sale price. Shares were sold at prices ranging from $28.75 to $28.82. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person will provide the full information about the number of shares sold at each separate price.

3. Price represents a weighted average of the sale price. Shares were sold at prices ranging from $32.38 to $32.62. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person will provide the full information about the number of shares sold at each separate price.

4. Price represents a weighted average of the sale price. Shares were sold at prices ranging from $29.63 to $29.85. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person will provide the full information about the number of shares sold at each separate price.

5. Options became fully vested on December 31, 2021.

	Jeremy D. Siegfried, Attorney-in-Fact	11/06/2025
	** Signature of Reporting Person	Date
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