Weyco VP awarded 1,360 shares, 406 withheld for tax
WEYCO GROUP INC (WEYS) reported that officer George Sotiros, VP – Information Systems, received a grant or award of 1,360 shares of common stock on 2026-08-25.
Rhea-AI Filing Summary
WEYCO GROUP INC (WEYS) reported that officer George Sotiros, VP – Information Systems, received a grant or award of 1,360 shares of common stock on 2026-08-25. On the same date, 406 shares were withheld and disposed of at $45.58 per share to satisfy tax withholding obligations upon vesting of restricted stock. Sotiros also holds stock options on common stock with exercise prices of $24.00, $28.83 and $25.79, covering 1,201, 1,561 and 2,341 underlying shares, expiring between 2023-08-25 and 2032-08-25.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Sotiros George
Role
VP - INFORMATION SYSTEMS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,360 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 406 | $45.58 | $19K |
| holding | Stock Option F2 | -- | -- | -- |
| holding | Stock Option F3 | -- | -- | -- |
| holding | Stock Option F4 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 50,856 shares (Direct);
Stock Option — 5,103 contracts (Direct)
Footnotes (4)
- F1. Represents shares used to satisfy tax withholding obligations upon vesting of restricted stock.
- 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 5 years beginning 08/25/2024
Key Figures
Restricted stock grant: 1,360 shares of common stock
Shares withheld for tax: 406 shares at $45.58 per share
Stock option exercise price: $24.00
+3 more
6 metrics
Restricted stock grant
1,360 shares of common stock
Grant/award reported on 2026-08-25 to officer George Sotiros
Shares withheld for tax
406 shares at $45.58 per share
Shares used to satisfy tax withholding obligations upon vesting of restricted stock on 2026-08-25
Stock option exercise price
$24.00
Option on 1,201 underlying WEYS shares expiring 2031-08-25
Stock option exercise price
$28.83
Option on 1,561 underlying WEYS shares expiring 2032-08-25
Stock option exercise price
$25.79
Option on 2,341 underlying WEYS shares expiring 2023-08-25
Underlying option shares
1,201; 1,561; 2,341 shares
Underlying WEYS common shares for three stock option grants held directly
Key Terms
restricted stock, Stock Option, exercise price, tax withholding obligations, +1 more
5 terms
restricted stock financial
"Represents shares used to satisfy tax withholding obligations upon vesting of restricted stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Stock Option financial
"security_title": "Stock Option""
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.
exercise price financial
"conversion_or_exercise_price": "24.0000""
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.
tax withholding obligations financial
"satisfy tax withholding obligations upon vesting of restricted stock"
expiration date financial
"expiration_date": "2032-08-25""
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
What insider transactions did WEYS officer George Sotiros report on 2026-08-25?
George Sotiros reported a grant of 1,360 WEYS common shares and a disposition of 406 shares at $45.58 per share used to satisfy tax withholding obligations upon vesting of restricted stock. He also reported his outstanding stock option positions on WEYS common stock.
Was the WEYS Form 4 transaction by George Sotiros a buy or a sale?
The Form 4 shows a grant/award of 1,360 WEYS shares (an acquisition) and a disposition of 406 shares specifically to satisfy tax withholding obligations upon vesting of restricted stock, rather than an open-market sale. Overall the filing reflects both acquisition and disposition activity.
What stock options on WEYS common stock does George Sotiros hold according to this Form 4?
The filing lists stock options on WEYS common stock with exercise prices of $24.00 for 1,201 shares expiring 2031-08-25, $28.83 for 1,561 shares expiring 2032-08-25, and $25.79 for 2,341 shares expiring 2023-08-25, all held directly.
What is the role of George Sotiros at WEYCO GROUP INC (WEYS) mentioned in this Form 4?
George Sotiros is identified as an officer of WEYCO GROUP INC with the title VP – Information Systems. The Form 4 reports his equity award, tax withholding-related share disposition, and his outstanding stock option positions in WEYS common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
