1,360 Weyco shares granted to division president
WEYCO GROUP INC (WEYS) reported that officer Katherine Destinon, VP and President – Nunn Bush, received a grant of 1,360 shares of Common Stock on August 25, 2026 as a compensation award.
Rhea-AI Filing Summary
WEYCO GROUP INC (WEYS) reported that officer Katherine Destinon, VP and President – Nunn Bush, received a grant of 1,360 shares of Common Stock on August 25, 2026 as a compensation award. On the same date, 439 shares were withheld at $45.58 per share to satisfy tax withholding obligations upon vesting of restricted stock. She also holds stock options on WEYS common stock with exercise prices between $24.00 and $28.83, expiring from 2031 to 2033, covering an aggregate of 5,108 underlying shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Destinon Katherine
Role
VP, PRESIDENT - NUNN BUSH
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,360 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 439 | $45.58 | $20K |
| holding | Stock Option F2 | -- | -- | -- |
| holding | Stock Option F3 | -- | -- | -- |
| holding | Stock Option F4 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 9,282 shares (Direct);
Stock Option — 5,108 contracts (Direct)
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
Shares granted: 1,360 shares of Common Stock
Shares withheld for taxes: 439 shares of Common Stock
Tax withholding price: $45.58 per share
+4 more
7 metrics
Shares granted
1,360 shares of Common Stock
Grant, award, or other acquisition on August 25, 2026 (code A)
Shares withheld for taxes
439 shares of Common Stock
Payment of tax liability by delivering or withholding securities on August 25, 2026 (code F)
Tax withholding price
$45.58 per share
Price used for 439 shares withheld to satisfy tax withholding obligations
Stock option exercise price
$24.00 per share
Stock option on 1,201 underlying shares, expiring August 25, 2031
Stock option exercise price
$28.83 per share
Stock option on 1,561 underlying shares, expiring August 25, 2032
Stock option exercise price
$25.79 per share
Stock option on 2,346 underlying shares, expiring August 25, 2033
Total underlying option shares
5,108 shares of Common Stock
Sum of underlying shares for three option grants reported as holdings
Key Terms
restricted stock, tax withholding obligations, Stock Option, exercise price
4 terms
restricted stock financial
"tax withholding obligations upon vesting of restricted stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax withholding obligations financial
"Represents shares used to satisfy tax withholding obligations"
Stock Option financial
"Stock Option underlying Common Stock with exercise price"
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""
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.
FAQ
What equity award did Katherine Destinon receive from WEYS on August 25, 2026?
On August 25, 2026, Katherine Destinon received a grant of 1,360 shares of WEYS Common Stock as a compensation-related award, reported at a price of $0.00 per share as it was not a market purchase.
Were Katherine Destinon’s WEYS transactions under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not affirmed (set to false), and there is no footnote stating that the August 25, 2026 transactions were made pursuant to a Rule 10b5-1 trading plan.
What WEYS stock options does Katherine Destinon hold and at what exercise prices?
She holds WEYS stock options over 5,108 underlying shares of Common Stock with exercise prices of $24.00, $28.83, and $25.79 per share, expiring on August 25, 2031, August 25, 2032, and August 25, 2033, respectively.
What is the nature of the code F transaction in Katherine Destinon’s WEYS Form 4?
The code F transaction covers 439 shares of WEYS Common Stock at $45.58 per share. A footnote states these shares represent shares used to satisfy tax withholding obligations upon vesting of restricted stock, rather than an open-market sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
