[Form 4] Weyco Group Inc Insider Trading Activity
Fredrick P. Stratton Jr., a director of Weyco Group Inc. (WEYS), reported multiple transactions in the issuer's common stock on August 25-26, 2025. The Form 4 shows non-derivative activity including purchases and dispositions: an acquisition of 1,890 shares (code A) on 08/25/2025 and a series of transfers recorded under code Z totaling 1,810 shares across 08/25/2025 and 08/26/2025. Post-transactions, Mr. Stratton directly beneficially owned 4,940 shares and 3,880 shares on respective lines, and indirectly beneficially owned 104,927 and 104,617 shares held in trusts where he is trustee. Additional indirect holdings include 20,000 shares in the Ann Stratton Marital Trust B of 2005 and 30,300 shares in the Fred and Anne Stratton 2012 Family Trust.
The filing also lists outstanding stock options exercisable into common stock: 2,000 shares from an option with $37.22 exercise price (granted 08/23/2019, expires 08/23/2028) and four other option grants exercisable for 3,500 shares each with exercise prices of $18.00, $24.00, $28.83 and $25.79 and staggered grant dates of 08/26/2021, 08/25/2022, 08/25/2023 and 08/25/2024; all options follow 20% per year vesting schedules as noted.
- Transparency in reporting multiple transactions and trusts, including specific amounts and option schedules
- Detailed option disclosure with exercise prices, grant and expiration dates and vesting terms
- Significant indirect holdings are concentrated in trusts where the reporting person is trustee, which may affect control concentration
- Several transfers under code Z with $0 price provide limited liquidity information for those movements
Insights
TL;DR: Director executed modest open-market and trust transfers while holding significant indirect stake and multiple outstanding options.
The Form 4 discloses routine insider transactions rather than a single large shift in ownership. The director acquired 1,890 shares and reflected several code Z movements aggregating 1,810 shares across two days, with direct holdings on reported lines at 4,940 and 3,880 shares. More material is the scale of indirect holdings: two trusts totalling at least 104,617 and 104,927 shares, plus other family trusts summing 50,300 shares. Outstanding options provide potential future share issuance: one option for 2,000 shares and four options for 3,500 shares each, with exercise prices and expiration dates specified. From a market-impact perspective these disclosures document beneficial ownership and standard option vesting, not an extraordinary event.
TL;DR: Filing documents trustee-held positions and scheduled option vesting; transactions appear administrative and consistent with trust/plan activities.
The report clarifies that significant portions of Mr. Stratton's position are held indirectly in named trusts for which he is trustee, which is important for understanding control and voting influence. Code Z entries indicate transfers or gift/estate-plan related movements rather than open-market sales at price, and the zero price entries align with non-cash transfers. The option table and vesting notes outline multi-year vesting schedules, which are standard compensation mechanics. No amendment or corrective language appears and the form is signed and dated 08/27/2025.