[Form 4/A] Weyco Group Inc Amended Insider Trading Activity
Weyco Group insider amendment: This amended Form 4 corrects an earlier report of shares acquired by Thomas W. Florsheim Jr., Chairman & CEO and director. The transaction on 08/25/2025 was an acquisition of 3,095 shares (previously reported as 3,100 in error) at a reported price of $0. After the corrected transaction, Mr. Florsheim is shown as beneficially owning 809,511 shares. The amendment states it was filed solely to correct the amount acquired.
- Correction improves transparency and reporting accuracy by amending the previously misstated number of shares acquired
- Reporting person remains compliant with Section 16 disclosure through filing an amendment
- None.
Insights
TL;DR: Small, technical correction to an insider acquisition; no material change to ownership stake.
The amendment revises the number of shares acquired from 3,100 to 3,095, a difference of five shares representing a de minimis change relative to the reported post-transaction holding of 809,511 shares. The reported acquisition price of $0 suggests the shares were granted or transferred rather than purchased for cash; however, the form only states the price as $0 without additional context. For investors, this amendment improves reporting accuracy but does not alter the economic position or control exercised by the reporting person.
TL;DR: Filing corrects a clerical error; reflects adherence to Section 16 reporting obligations.
The amendment indicates the company and reporting person are maintaining compliance by correcting an immaterial numeric error in previously filed Form 4 data. The nature of the change—five shares—suggests a clerical miscount rather than a substantive disclosure issue. This corrective filing reduces potential compliance risk associated with inaccurate insider transaction reports.