WEYS Form 4 — John Florsheim reports 3,870-share sale and matching trust acquisitions
Rhea-AI Filing Summary
John W. Florsheim, President and COO and a director of Weyco Group Inc. (WEYS), reported transactions on 08/19/2025. The filing shows a direct disposition of 3,870 shares and contemporaneous acquisitions of 3,870 shares reported as indirect holdings through trusts and family relationships. Following the reported transactions, Mr. Florsheim directly beneficially owns 425,958 shares and indirectly owns multiple blocks totaling 314,484 shares as trustee, 94,619 shares in an irrevocable trust, 74,476 shares held by his wife, and 221,873 shares in a family trust. The form also lists outstanding stock options exercisable into common stock
Positive
- Complete disclosure: The filing itemizes direct and indirect holdings, option grants, exercise prices, and vesting/expiration information.
- Timely reporting: Transactions dated 08/19/2025 and form signed 08/20/2025 indicate prompt Section 16 reporting.
- Substantial insider ownership: Reporter retains large direct (425,958) and significant indirect holdings across trusts and family accounts.
Negative
- Insider sale reported: A direct disposition of 3,870 shares was executed on 08/19/2025.
- Concentrated ownership: Significant indirect holdings via trusts and family may concentrate voting and economic control (documented amounts).
Insights
TL;DR: Insider reported a small direct sale and matching indirect acquisition, while retaining substantial direct and indirect ownership plus option positions.
The Form 4 shows a same-day direct disposition of 3,870 shares
TL;DR: Disclosure is complete and timely; structure shows concentrated insider ownership and multi-party indirect holdings via trusts.
The Form 4 provides clear attribution of direct versus indirect holdings and specifies the nature of indirect ownership (trustee, irrevocable trust, spouse, family trust). The explanation section clarifies option vesting schedules (20% per year over five years for referenced grants). Such detailed reporting supports governance transparency and allows stakeholders to track how control and economic interests are allocated among family and trust vehicles.