Weyco Group (NASDAQ: WEYS) marketing VP exercises 2,152 share options
Rhea-AI Filing Summary
WEYCO GROUP INC (WEYS) reported that officer Jeffrey S. Douglass, VP, Marketing, exercised stock options on August 20, 2026. He exercised options covering 2,152 shares of common stock (1,200 at $37.22 and 952 at $28.83). In a related transaction, 1,609 shares of common stock were delivered or withheld to cover the exercise price or tax liability. After these transactions, he continues to hold stock options over 500 shares at $24.00 expiring August 25, 2031 and 2,350 shares at $25.79 expiring August 25, 2033, all held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 543 shares
Net Buy
7 txns
Insider
Douglass Jeffrey S
Role
VP, MARKETING
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option F1 | 1,200 | $37.22 | $45K |
| Exercise | Stock Option F2 | 952 | $28.83 | $27K |
| Exercise | Common Stock | 1,200 | $37.22 | $45K |
| Exercise | Common Stock | 952 | $28.83 | $27K |
| Exercise Price or Tax Liability | Common Stock | 1,609 | $45.80 | $74K |
| holding | Stock Option F3 | -- | -- | -- |
| holding | Stock Option F4 | -- | -- | -- |
Holdings After Transaction:
Stock Option — 4,411 shares (Direct);
Common Stock — 8,021 shares (Direct)
Footnotes (4)
- F1. 20% per year for 5 years beginning 08/23/2019
- F2. 20% per year for 5 years beginning 08/25/2023
- F3. 20% per year for 5 years beginning 08/25/2022
- F4. 20% per year for 5 years beginning 08/25/2024
Key Figures
Options exercised into common stock: 2,152 shares
Exercise price per share: $37.22
Exercise price per share: $28.83
+4 more
7 metrics
Options exercised into common stock
2,152 shares
Total underlying common shares from option exercises on August 20, 2026
Exercise price per share
$37.22
Stock option on 1,200 underlying common shares exercised August 20, 2026
Exercise price per share
$28.83
Stock option on 2,513 underlying common shares, 952 shares exercised August 20, 2026
Shares delivered/withheld for exercise price or tax liability
1,609 shares
Common stock under transaction code F on August 20, 2026
Remaining option exercise price
$24.00
Stock option on 500 underlying common shares expiring August 25, 2031
Remaining option exercise price
$25.79
Stock option on 2,350 underlying common shares expiring August 25, 2033
Remaining underlying option shares
2,850 shares
500 underlying shares at $24.00 and 2,350 underlying shares at $25.79
Key Terms
Stock Option, exercise price, Payment of exercise price or tax liability by delivering or withholding securities, expiration date
4 terms
Stock Option financial
"security_title: "Stock Option" and underlying security is common stock"
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 fields such as 37.2200 and 28.8300"
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.
Payment of exercise price or tax liability by delivering or withholding securities financial
"transaction_code_description for code F on 1,609 shares"
expiration date financial
"expiration_date fields such as 2031-08-25 and 2033-08-25"
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 did insider Jeffrey S. Douglass do in this Form 4 for WEYS?
Jeffrey S. Douglass, VP, Marketing of WEYCO GROUP INC, exercised stock options into common stock on August 20, 2026 and had some shares delivered or withheld to pay the exercise price or tax liability, while retaining additional unexercised options.
What stock options does Jeffrey S. Douglass still hold in WEYS after these transactions?
He continues to hold stock options on WEYCO GROUP INC common stock covering 500 underlying shares at a $24.00 exercise price expiring August 25, 2031 and 2,350 underlying shares at a $25.79 exercise price expiring August 25, 2033, all held directly.
Were the WEYS transactions reported under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false), and the footnotes do not state that these transactions were made pursuant to a Rule 10b5-1 trading plan or similar pre-arranged trading arrangement.
What is the role of Jeffrey S. Douglass at WEYCO GROUP INC?
The reporting person, Jeffrey S. Douglass, is an officer of WEYCO GROUP INC, serving as VP, Marketing, according to the Form 4. The reported option exercises and related share transactions reflect activity in his capacity as an officer and stock option holder.
AI-generated analysis. How Rhea-AI works. Not financial advice.
