Rocky Brands (RCKY) director exercises 3,000 options and sells 2,011 shares
Rhea-AI Filing Summary
Rocky Brands director William L. Jordan exercised 3,000 stock options on July 31, 2026 at an exercise price of $39.80 per share, fully eliminating that option grant. He then sold 2,011 common shares at a weighted-average price of $48.48 in open-market transactions within a $48.36–$48.65 range.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Jordan William L
Role
Director
Sold
2,011 shs ($97K)
Approx. gross sale proceeds
$97K
Approx. exercise cost
$119K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F2 | 3,000 | $0.00 | $0.00 |
| Exercise | Common Stock, without par value | 3,000 | $39.80 | $119K |
| Sale | Common Stock, without par value F1 | 2,011 | $48.48 | $97K |
Holdings After Transaction:
Stock Option (right to buy) — 0 shares (Direct);
Common Stock, without par value — 21,940 shares (Direct)
Footnotes (2)
- F1. Price represents a weighted average of the sale price. Shares were sold at prices ranging from $48.36 to $48.65. 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.
- F2. Options vested 25% on each of March 31, 2022, June 30, 2022, September 30, 2022 and December 31, 2022.
Key Figures
Options exercised: 3,000 shares
Option exercise price: $39.80 per share
Shares sold: 2,011 shares
+4 more
7 metrics
Options exercised
3,000 shares
Stock options for common stock exercised on July 31, 2026
Option exercise price
$39.80 per share
Exercise price of stock options converted into common shares
Shares sold
2,011 shares
Common stock sold on July 31, 2026 following option exercise
Weighted-average sale price
$48.48 per share
Weighted-average price for 2,011 common shares sold
Sale price range low
$48.36 per share
Lowest price in the range of reported share sales
Sale price range high
$48.65 per share
Highest price in the range of reported share sales
Options remaining from grant
0 options
Post-transaction balance for the 3,000-share option grant
Key Terms
Stock Option (right to buy), weighted average, derivative security, open market
4 terms
Stock Option (right to buy) financial
"Security title listed as "Stock Option (right to buy)""
weighted average financial
"Price represents a weighted average of the sale price."
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
derivative security financial
"Transaction code M described as Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
open market financial
"Sale in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Rocky Brands (RCKY) report in this Form 4?
Rocky Brands reported that director William L. Jordan exercised 3,000 stock options and sold 2,011 common shares on July 31, 2026. The sale was reported as an open-market transaction with a weighted-average price of $48.48 per share.
How many options did William L. Jordan exercise in Rocky Brands (RCKY) and at what price?
William L. Jordan exercised 3,000 stock options for Rocky Brands common stock at an exercise price of $39.80 per share. The options related to a grant that vested in four installments during 2022 and are now fully exercised.
What does the footnote say about the Rocky Brands (RCKY) sale pricing details?
The footnote states that the $48.48 figure is a weighted-average sale price, with shares sold between $48.36 and $48.65. Full information on the number of shares sold at each specific price is available upon request from the reporting person.
Were the Rocky Brands (RCKY) transactions reported under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as being under a trading plan. The narrative and footnotes describe the exercise and sale mechanics but do not associate them with any specified pre-arranged trading plan.