Weyco president John Florsheim gifts 1,500 shares
Weyco Group president and COO John W. Florsheim reported an insider gift of common stock.
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Form Type
4
Rhea-AI Filing Summary
Weyco Group president and COO John W. Florsheim reported an insider gift of common stock. On the reported date, he made a bona fide gift of 1,500 shares of Weyco Group common stock, leaving 426,845 shares held directly in his name.
The filing also shows significant indirect holdings: shares held through a family trust, by his wife, and as trustee for his children. In addition, he retains several stock option awards on Weyco common stock with exercise prices between $18.00 and $37.22 per share, expiring between 2028 and 2033.
Insider Trade Summary
1,500 shares gifted
Gift
9 txns
Insider
FLORSHEIM JOHN W
Role
PRESIDENT AND COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 1,500 | $0.00 | $0.00 |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 426,845 shares (Direct);
Stock Option — 42,000 contracts (Direct);
Common Stock — 314,484 shares (Indirect, As Trustee for Children);
Common Stock — 74,476 shares (Indirect, By Wife);
Common Stock — 221,873 shares (Indirect, John Florsheim Family Trust of which Brother is Trustee)
Footnotes (6)
- F1. For informational purposes only
- F2. 20% per year for 5 years beginning 08/23/2019
- F3. 20% per year for 5 years beginning 08/26/2021
- F4. 20% per year for 5 years beginning 08/25/2022
- F5. 20% per year for 5 years beginning 08/25/2023
- F6. 20% per year for 5 years beginning 08/25/2024
Key Figures
Gifted shares: 1,500 shares
Direct holdings after gift: 426,845 shares
Family trust holdings: 221,873 shares
+5 more
8 metrics
Gifted shares
1,500 shares
Bona fide gift of common stock on 2026-06-16
Direct holdings after gift
426,845 shares
Common stock directly owned following reported gift
Family trust holdings
221,873 shares
Indirect ownership via John Florsheim Family Trust
Wife’s indirect holdings
74,476 shares
Common stock held indirectly by wife
Children’s trust holdings
314,484 shares
Indirect ownership as trustee for children
Option at $18.00
10,000 underlying shares
Stock option, $18.00 exercise price, expires 2030-08-26
Option at $24.00
10,000 underlying shares
Stock option, $24.00 exercise price, expires 2031-08-25
Option at $37.22
8,000 underlying shares
Stock option, $37.22 exercise price, expires 2028-08-23
Key Terms
bona fide gift, Stock Option, indirect ownership, exercise price, +1 more
5 terms
bona fide gift financial
"The transaction is described as a bona fide gift of 1,500 shares."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Stock Option financial
"Several entries list Stock Option awards on Weyco common stock."
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.
indirect ownership financial
"Indirect ownership is reported via a family trust, wife, and as trustee."
exercise price financial
"Stock options have exercise prices from $18.00 to $37.22 per share."
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.
expiration date financial
"Option expiration dates range from August 2028 through August 2033."
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did John W. Florsheim report at WEYCO GROUP INC (WEYS)?
John W. Florsheim reported a bona fide gift of 1,500 shares of Weyco Group common stock. The Form 4 shows this as a gift transaction with no sale proceeds, changing the form but not the scale of his overall economic exposure.
What stock options on WEYCO GROUP INC (WEYS) does John W. Florsheim retain?
John W. Florsheim retains several stock options on Weyco common stock, including grants with exercise prices of $18.00, $24.00, $25.79, $28.83, and $37.22 per share, with expiration dates ranging from August 2028 through August 2033.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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