Weyco (WEYS) Insider Filing: Florsheim Adds 3,095 Shares; Options Through 2033
Rhea-AI Filing Summary
John W. Florsheim, President and COO and a director of Weyco Group Inc (WEYS), reported an acquisition of 3,095 shares of the issuer's common stock on 08/25/2025 at a reported price of $0. Following the transaction, he directly holds 429,053 shares and indirectly holds additional shares through trusts and family relationships, including 94,619 shares in a 2018 irrevocable trust and 314,484 shares as trustee for children. The filing also discloses outstanding stock options exercisable through 2033.
Positive
- Reporting officer and director increased direct ownership with an acquisition of 3,095 shares on 08/25/2025
- Substantial insider stake remains: 429,053 shares directly owned and significant indirect holdings via trusts
Negative
- None.
Insights
Insider added a small number of shares while retaining substantial direct and indirect ownership, signaling continued insider stake concentration.
The 3,095-share acquisition at a reported price of $0 is documented but small relative to Mr. Florsheim's total direct ownership of 429,053 shares and several large indirect holdings totaling over 700,000 shares across trusts and family arrangements. The report lists multiple stock options vesting over time with exercisable amounts from 7,000 to 10,000 shares and expirations through 2033. From an investor-monitoring perspective, the filing confirms ongoing insider alignment with equity but does not by itself indicate a material shift in control or capital structure.
Routine Section 16 filing showing a small acquisition and existing concentrated insider ownership via trusts and family interests.
The Form 4 identifies Mr. Florsheim as a director and officer and discloses both direct and multiple forms of indirect beneficial ownership, including a family trust where a brother is trustee. The reported $0 price for the 3,095-share acquisition should be interpreted strictly as reported; the form provides no further explanation beyond the ownership schedules and option grant schedules with standard multi-year vesting. This filing is procedural and consistent with routine disclosure obligations under Section 16.