[Form 4] Weyco Group Inc Insider Trading Activity
Thomas W. Florsheim Jr., Chairman & CEO of Weyco Group Inc. (WEYS), reported on Form 4 the acquisition of 3,100 shares of WEYS common stock on 08/25/2025 at a reported price of $0. After the transaction he beneficially owns 809,511 shares directly and holds additional indirect interests: 52,113 (wife), 268,779 (as trustee for children), 221,873 (as trustee of John Florsheim Family Trust) and 94,619 (held in 2018 irrevocable trust). He also reports several outstanding stock options exercisable through 2033 aggregating 42,000 underlying shares. The Form 4 is signed 08/27/2025.
- Substantial insider ownership: Reporting person holds 809,511 shares directly, indicating strong insider alignment with shareholders.
- Transparent disclosure of indirect family and trust holdings totaling additional significant shares, improving governance transparency.
- Unclear transaction nature: The acquisition of 3,100 shares at a reported price of $0 lacks explanation in the filing, preventing full investor understanding.
- Potential dilution: Outstanding options for 42,000 underlying shares could dilute common equity if exercised before expirations through 2033.
Insights
Insider reported a small zero-price acquisition and detailed broad family and trust ownership, reinforcing long-term insider alignment.
The 3,100-share acquisition at a reported price of $0 likely reflects a non-cash issuance or transfer (the filing gives no further explanation). The reporting person remains a large insider with total direct beneficial ownership of 809,511 shares and multiple indirect holdings through family and trusts, which indicates concentrated insider ownership and alignment with shareholders. Reported option positions across grants from 2019 to 2024 vest on multi-year schedules and remain exercisable through 2028-2033, representing potential future common share dilution if exercised. The filing contains no information on the reason for the $0 price, sale transactions, or open-market purchases.
Transaction is immaterial in size but confirms continued insider exposure and multi-year option schedules.
The acquired amount (3,100 shares) is small relative to the reporting person’s total direct holdings (809,511). The $0 price is explicitly reported in the filing; absent further detail the nature of the transfer cannot be determined from this Form 4 alone. Option holdings total 42,000 underlying shares across five grants with staggered exercisability and expirations through 2033, which is relevant for potential future dilution modeling. Overall, the filing is routine disclosure of insider holdings and option grants, with limited immediate market impact.