WEYCO (WEYS) CFO Judy Anderson exercises 5,400 options with 2,798 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WEYCO GROUP INC VP/CFO Judy Anderson reported routine equity compensation activity involving stock options and common shares. She exercised options to acquire 5,400 shares of Common Stock, including 2,400 shares at $24.0000 per share and 3,000 shares at $18.0000 per share.
To cover tax obligations, 2,798 shares of Common Stock were disposed of in a tax-withholding transaction at $39.8900 per share, which is not an open-market sale. After these transactions, she directly holds 17,020 shares of Common Stock.
Anderson also retains stock options over 3,900 underlying shares at an exercise price of $25.7900 per share expiring on 2033-08-25 and options over another 3,900 underlying shares at $28.8300 per share expiring on 2032-08-25, vesting 20% annually over multi-year periods as disclosed.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,400 shares exercised/converted
Mixed
7 txns
Insider
Anderson Judy
Role
VP/CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 3,000 | $18.00 | $54K |
| Exercise | Stock Option | 2,400 | $24.00 | $58K |
| Exercise | Common Stock | 3,000 | $18.00 | $54K |
| Exercise | Common Stock | 2,400 | $24.00 | $58K |
| Tax Withholding | Common Stock | 2,798 | $39.89 | $112K |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
Holdings After Transaction:
Stock Option — 0 shares (Direct, null);
Common Stock — 17,418 shares (Direct, null)
Footnotes (1)
- 20% per year for 5 years beginning 08/26/2021 20% per year for 5 years beginning 08/25/2022 20% per year for 5 years beginning 08/25/2023 20% per year for 4 years beginning 08/25/2024
Key Figures
Options exercised: 5,400 shares
Tax-withholding shares: 2,798 shares
Post-transaction holdings: 17,020 shares
+4 more
7 metrics
Options exercised
5,400 shares
Common Stock acquired via derivative exercises coded M on 2026-07-02
Tax-withholding shares
2,798 shares
Common Stock disposed at $39.8900 per share, code F
Post-transaction holdings
17,020 shares
Direct Common Stock ownership after transactions
Option exercise price 1
$24.0000 per share
Exercise of 2,400 options into Common Stock
Option exercise price 2
$18.0000 per share
Exercise of 3,000 options into Common Stock
Remaining options 1
3,900 underlying shares at $25.7900
Stock Option expiring 2033-08-25, direct ownership
Remaining options 2
3,900 underlying shares at $28.8300
Stock Option expiring 2032-08-25, direct ownership
Key Terms
Stock Option, Common Stock, Exercise or conversion of derivative security, Payment of exercise price or tax liability by delivering securities, +2 more
6 terms
Stock Option financial
"security_title: "Stock Option" and underlying security title "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.
Common Stock financial
"underlying_security_title: "Common Stock" and non-derivative security_title "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for the F-coded transaction"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for M-coded entries"
FAQ
What insider transactions did WEYS VP/CFO Judy Anderson report on this Form 4?
Judy Anderson reported exercising stock options for 5,400 shares of WEYS Common Stock and a related tax-withholding disposition of 2,798 shares. These moves reflect routine equity compensation activity rather than discretionary open-market buying or selling.
What stock options does WEYS executive Judy Anderson still hold after exercising options?
Judy Anderson retains stock options over 3,900 underlying shares at $25.7900 and another 3,900 underlying shares at $28.8300 per share. These options are tied to Common Stock and expire in 2033 and 2032, respectively.
Was the WEYS Form 4 transaction by Judy Anderson an open-market sale?
The filing shows a tax-withholding disposition of 2,798 shares at $39.8900 per share coded "F". This represents shares withheld to satisfy tax or exercise obligations and is not characterized as an open-market sale transaction.
What were the exercise prices for Judy Anderson’s WEYS stock option exercises?
The reported option exercises converted into Common Stock at $24.0000 per share for 2,400 shares and $18.0000 per share for 3,000 shares. These transactions are coded "M" as exercises or conversions of derivative securities.