Weyco Group (WEYS) CEO exercises 18,000 options and withholds 13,873 shares
Rhea-AI Filing Summary
Weyco Group Inc. chairman and CEO Thomas W. Florsheim Jr. reported option-related transactions on Common Stock dated 2026-08-06. He exercised stock options covering 8,000 shares at an exercise price of $37.22 and 10,000 shares at $18.00, acquiring an equal number of Common shares. In connection with these exercises, 13,873 Common shares were delivered or withheld at $43.90 per share for payment of exercise price or tax liability. Remaining reported options include 10,000 underlying shares at $24.00, 7,000 at $28.83, and 7,000 at $25.79. Indirect Common Stock holdings include 52,113 shares by his wife, 268,779 shares as trustee for children, and 221,873 shares as trustee of the John Florsheim Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,127 shares
Net Buy
11 txns
Insider
FLORSHEIM THOMAS W JR
Role
CHAIRMAN & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option F1 | 8,000 | $37.22 | $298K |
| Exercise | Stock Option F2 | 10,000 | $18.00 | $180K |
| Exercise | Common Stock | 8,000 | $37.22 | $298K |
| Exercise | Common Stock | 10,000 | $18.00 | $180K |
| Exercise Price or Tax Liability | Common Stock | 13,873 | $43.90 | $609K |
| holding | Stock Option F3 | -- | -- | -- |
| holding | Stock Option F4 | -- | -- | -- |
| holding | Stock Option F5 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option — 24,000 shares (Direct);
Common Stock — 809,864 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 (5)
- F1. 20% per year for 5 years beginning 08/23/2019
- F2. 20% per year for 5 years beginning 08/26/2021
- F3. 20% per year for 5 years beginning 08/25/2022
- F4. 20% per year for 5 years beginning 08/25/2023
- F5. 20% per year for 5 years beginning 08/25/2024
Key Figures
Options exercised at $37.22: 8,000 shares
Options exercised at $18.00: 10,000 shares
Shares delivered/withheld for exercise price or tax: 13,873 shares at $43.90
+5 more
8 metrics
Options exercised at $37.22
8,000 shares
Stock options exercised into Common Stock on 2026-08-06 at $37.22 per share
Options exercised at $18.00
10,000 shares
Stock options exercised into Common Stock on 2026-08-06 at $18.00 per share
Shares delivered/withheld for exercise price or tax
13,873 shares at $43.90
Common Stock delivered or withheld to pay exercise price or tax liability
Remaining option at $24.00
10,000 underlying shares
Stock option on Common Stock expiring 2031-08-25, direct ownership
Remaining option at $28.83
7,000 underlying shares
Stock option on Common Stock expiring 2032-08-25, direct ownership
Remaining option at $25.79
7,000 underlying shares
Stock option on Common Stock expiring 2033-08-25, direct ownership
Indirect holdings by wife
52,113 shares
Common Stock held indirectly by wife as of 2026-08-06
Indirect holdings as trustee for children
268,779 shares
Common Stock held indirectly as trustee for children as of 2026-08-06
Key Terms
Stock Option, derivative security, exercise price, indirect ownership, +1 more
5 terms
Stock Option financial
"security_title: "Stock Option" for derivative transactions and holdings"
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.
derivative security financial
"transaction_code_description: "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.
exercise price financial
"conversion_or_exercise_price fields such as "24.0000" and "28.8300""
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 financial
"ownership_type "indirect" with nature_of_ownership such as "By Wife""
Payment of exercise price or tax liability by delivering or withholding securities financial
"transaction_code_description for code F Common Stock transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did WEYS chairman and CEO Thomas W. Florsheim Jr. report in this Form 4?
Thomas W. Florsheim Jr. reported exercising stock options for 18,000 Common shares and delivering or withholding 13,873 shares to cover exercise price or tax liability, along with updated option and indirect share holdings.
How many WEYS stock options did the CEO exercise and at what prices?
He exercised options for 8,000 shares at $37.22 and 10,000 shares at $18.00 per share. These exercises resulted in the acquisition of a total of 18,000 Common shares on 2026-08-06.
What WEYS stock options does the CEO still hold after these transactions?
Remaining reported options cover 10,000 underlying shares at $24.00 expiring 2031-08-25, 7,000 at $28.83 expiring 2032-08-25, and 7,000 at $25.79 expiring 2033-08-25, all on Common Stock.
How do the WEYS stock options in this filing vest for the CEO?
Footnotes state the options vest at 20% per year for 5 years, with different grants beginning vesting on 08/23/2019, 08/26/2021, 08/25/2022, 08/25/2023, and 08/25/2024, depending on the specific grant.