Weyco Group (NASDAQ: WEYS) CEO nets stock grant, 846 shares withheld for taxes
Rhea-AI Filing Summary
WEYCO GROUP INC (WEYS) reported insider equity activity by Chairman & CEO Thomas W. Florsheim Jr. On 2026-08-25 he received a grant/award of 2,080 shares of Common Stock at no cash cost. On the same date, 846 shares of Common Stock were withheld to satisfy tax withholding obligations upon vesting of restricted stock at a reference price of $45.58 per share. He also reports several indirect Common Stock holdings through his wife and as trustee for family-related trusts, plus outstanding stock options over Common Stock at exercise prices between $24.00 and $28.83 with expirations from 2031 to 2033. The Rule 10b5-1 checkbox is not marked as a plan transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,234 shares
Net Buy
8 txns
Insider
FLORSHEIM THOMAS W JR
Role
CHAIRMAN & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,080 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 846 | $45.58 | $39K |
| holding | Stock Option F2 | -- | -- | -- |
| holding | Stock Option F3 | -- | -- | -- |
| holding | Stock Option F4 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 809,948 shares (Direct);
Stock Option — 24,000 shares (Direct);
Common Stock — 52,113 shares (Indirect, By Wife);
Common Stock — 268,779 shares (Indirect, As Trustee for Children);
Common Stock — 221,873 shares (Indirect, As Trustee of John Florsheim Family Trust)
Footnotes (4)
- F1. Represents shares used to satisfy tax withholding obligations upon vesting of restricted stock.
- F2. 20% per year for 5 years beginning 08/25/2022
- F3. 20% per year for 5 years beginning 08/25/2023
- F4. 20% per year for 5 years beginning 08/25/2024
Key Figures
Awarded Common Stock: 2,080 shares
Shares Withheld for Taxes: 846 shares
Tax Withholding Reference Price: $45.58 per share
+5 more
8 metrics
Awarded Common Stock
2,080 shares
Grant/award (code A) of WEYCO GROUP INC Common Stock on 2026-08-25
Shares Withheld for Taxes
846 shares
Code F tax withholding upon vesting of restricted stock on 2026-08-25
Tax Withholding Reference Price
$45.58 per share
Price applied to 846 shares withheld for tax obligations
Indirect Holding by Wife
52,113 shares
Common Stock held indirectly, nature of ownership “By Wife”
Indirect Holding as Trustee for Children
268,779 shares
Common Stock held indirectly as trustee for children
Indirect Holding as Trustee of John Florsheim Family Trust
221,873 shares
Common Stock held indirectly as trustee of family trust
Stock Option Exercise Price
$24.00
Option on 10,000 underlying Common shares expiring 2031-08-25
Stock Option Exercise Price
$28.83
Option on 7,000 underlying Common shares expiring 2032-08-25
Key Terms
Code F, tax withholding obligations, Stock Option, exercise price, +1 more
5 terms
Code F regulatory
"transaction_code_description: Payment of tax liability by delivering or withholding"
tax withholding obligations financial
"Represents shares used to satisfy tax withholding obligations upon vesting"
Stock Option financial
"Stock Option underlying 10,000.0000 Common Stock shares"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
exercise price financial
"conversion_or_exercise_price: 24.0000; 28.8300; 25.7900"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
indirect ownership regulatory
"ownership_type: indirect; nature_of_ownership: By Wife / As Trustee"
FAQ
What equity award did the WEYS CEO report on this Form 4?
Thomas W. Florsheim Jr. reported a grant/award of 2,080 shares of WEYCO GROUP INC Common Stock on 2026-08-25, recorded with transaction code A at a stated price of $0.00 per share, indicating a compensation-related award rather than an open-market purchase.
What WEYS stock options does the CEO hold according to this Form 4?
He reports stock options over WEYCO GROUP INC Common Stock for 10,000 underlying shares at $24.00 expiring 2031-08-25, 7,000 underlying shares at $28.83 expiring 2032-08-25, and 7,000 underlying shares at $25.79 expiring 2033-08-25.
Was the WEYS Form 4 filed under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as a plan transaction (aff_10b5_one is false), and no footnote indicates that the reported transactions were executed under a Rule 10b5-1 or similar pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
