WEYS CFO exercises options, nets 17,020 shares
WEYCO GROUP INC VP/CFO Judy Anderson reported routine equity compensation activity involving stock options and common shares.
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
| 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 |
| Exercise Price or Tax Liability | Common Stock | 2,798 | $39.89 | $112K |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
Footnotes (4)
- F1. 20% per year for 5 years beginning 08/26/2021
- F2. 20% per year for 5 years beginning 08/25/2022
- F3. 20% per year for 5 years beginning 08/25/2023
- F4. 20% per year for 4 years beginning 08/25/2024
Key Figures
Key Terms
Stock Option financial
Common Stock financial
Exercise or conversion of derivative security financial
Payment of exercise price or tax liability by delivering securities financial
tax-withholding disposition financial
derivative exercise/conversion financial
FAQ
What insider transactions did WEYS VP/CFO Judy Anderson report on this Form 4?
What stock options does WEYS executive Judy Anderson still hold after exercising options?
Was the WEYS Form 4 transaction by Judy Anderson an open-market sale?
What were the exercise prices for Judy Anderson’s WEYS stock option exercises?
AI-generated analysis. How Rhea-AI works. Not financial advice.