Weyco director restructures 378,476-share trust holding
WEYCO GROUP INC director Thomas W. Florsheim reported a restructuring of his family holdings in company stock.
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Rhea-AI Filing Summary
WEYCO GROUP INC director Thomas W. Florsheim reported a restructuring of his family holdings in company stock. A Form 4 entry shows 378,476 shares of Common Stock moved at $0.00 per share into a revocable trust, following the closure of related children’s trusts.
After this transfer, the filing reports 932,649 shares held indirectly in the revocable trust, 77,688 shares held indirectly by his wife, and 3,880 shares held directly. Florsheim also continues to hold several stock option awards on Weyco common stock with exercise prices between $18.00 and $37.22 and expirations from 2027 through 2033.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 378,476 | $0.00 | $0.00 |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (8)
- F1. Shares transferred from the children's closed trusts to his revocable trusts in accordance with the terms of the related trusts.
- F2. 20% per year for 5 years beginning 08/25/2018
- F3. 20% per year for 5 years beginning 08/23/2019
- F4. 20% per year for 5 years beginning 08/14/2020
- F5. 20% per year for 5 years beginning 08/26/2021
- F6. 20% per year for 5 years beginning 08/25/2022
- F7. 20% per year for 5 years beginning 08/25/2023
- F8. 20% per year for 5 years beginning 08/25/2024
Key Figures
Key Terms
Revocable Trust financial
Stock Option financial
indirect financial
transaction code J regulatory
Other acquisition or disposition regulatory
FAQ
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What insider transaction did WEYCO GROUP INC (WEYS) report for Thomas W. Florsheim?
What stock option positions does Thomas W. Florsheim hold in WEYCO GROUP INC (WEYS)?
Does this WEYCO GROUP INC (WEYS) Form 4 indicate active buying or selling by Thomas W. Florsheim?
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