WEYCO GROUP (WEYS) COO John Florsheim exercises 18,000 options and withholds shares
Rhea-AI Filing Summary
WEYCO GROUP INC President and COO John W. Florsheim reported option exercises and related share withholdings. He exercised stock options for 18,000 shares of common stock on 2026-08-06, including 8,000 shares at $37.22 per share and 10,000 shares at $18.00 per share. In connection with these exercises, 13,873 common shares at $43.90 per share were delivered or withheld for payment of exercise price or tax liability. Florsheim continues to hold unexercised stock options over 10,000, 7,000, and 7,000 underlying shares at exercise prices of $24.00, $28.83, and $25.79, respectively, and also reports indirect ownership of common stock through trusts, as trustee for his children, and through his wife.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,127 shares
Net Buy
11 txns
Insider
FLORSHEIM JOHN W
Role
PRESIDENT AND COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option F2 | 8,000 | $37.22 | $298K |
| Exercise | Stock Option F3 | 10,000 | $18.00 | $180K |
| Exercise | Common Stock | 8,000 | $37.22 | $298K |
| Exercise | Common Stock | 10,000 | $18.00 | $180K |
| Exercise Price or Tax Liability | Common Stock | 13,873 | $43.90 | $609K |
| holding | Stock Option F4 | -- | -- | -- |
| holding | Stock Option F5 | -- | -- | -- |
| holding | Stock Option F6 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Stock Option — 24,000 shares (Direct);
Common Stock — 430,972 shares (Direct);
Common Stock — 314,484 shares (Indirect, As Trustee for Children);
Common Stock — 74,476 shares (Indirect, By Wife);
Common Stock — 221,873 shares (Indirect, John Florsheim Family Trust of which Brother is Trustee)
Footnotes (6)
- F1. For informational purposes only
- F2. 20% per year for 5 years beginning 08/23/2019
- F3. 20% per year for 5 years beginning 08/26/2021
- F4. 20% per year for 5 years beginning 08/25/2022
- F5. 20% per year for 5 years beginning 08/25/2023
- F6. 20% per year for 5 years beginning 08/25/2024
Key Figures
Options exercised at $37.22: 8,000 shares at $37.2200
Options exercised at $18.00: 10,000 shares at $18.0000
Shares delivered/withheld (code F): 13,873 shares at $43.9000
+5 more
8 metrics
Options exercised at $37.22
8,000 shares at $37.2200
Stock options exercised into common stock on 2026-08-06
Options exercised at $18.00
10,000 shares at $18.0000
Stock options exercised into common stock on 2026-08-06
Shares delivered/withheld (code F)
13,873 shares at $43.9000
Payment of exercise price or tax liability using common stock
Remaining option grant 1
10,000 underlying shares at $24.0000
Stock option expiring 2031-08-25, directly owned
Remaining option grant 2
7,000 underlying shares at $28.8300
Stock option expiring 2032-08-25, directly owned
Remaining option grant 3
7,000 underlying shares at $25.7900
Stock option expiring 2033-08-25, directly owned
Indirect holdings as trustee for children
314,484 shares
Common stock held indirectly, as trustee for children
Indirect holdings by wife
74,476 shares
Common stock reported as held indirectly by wife
Key Terms
Stock Option, exercise or conversion of derivative security, Payment of exercise price or tax liability by delivering or withholding securities, indirect, +1 more
5 terms
Stock Option financial
"Security title reported as "Stock Option" with underlying 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 or conversion of derivative security financial
"Transaction code M described as "Exercise or conversion of derivative security""
Payment of exercise price or tax liability by delivering or withholding securities financial
"Code F described as "Payment of exercise price or tax liability by delivering or withholding securities""
indirect financial
"Ownership type reported as "indirect" for certain common stock holdings"
vesting financial
"Footnotes state "20% per year for 5 years beginning" for option grants, describing vesting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transactions did WEYS executive John W. Florsheim report on this Form 4?
John W. Florsheim exercised stock options for 18,000 common shares on 2026-08-06 and had 13,873 shares delivered or withheld to cover exercise price or tax liability, while retaining additional unexercised stock options and indirect common stock holdings.
How many WEYS stock options did John W. Florsheim exercise and at what prices?
Florsheim exercised options covering 18,000 WEYS shares, including 8,000 underlying shares at an exercise price of $37.22 and 10,000 underlying shares at $18.00 per share, all on 2026-08-06, receiving an equal number of common shares.
What does the code F transaction mean in John W. Florsheim’s WEYS Form 4?
The code F transaction reflects 13,873 WEYS common shares at $43.90 per share delivered or withheld to pay the option exercise price or satisfy related tax liability in connection with the option exercises reported the same day.
What WEYS stock options does John W. Florsheim still hold after these transactions?
Florsheim continues to hold stock options over 10,000, 7,000, and 7,000 underlying WEYS shares with exercise prices of $24.00, $28.83, and $25.79, expiring in 2031, 2032, and 2033, respectively, all reported as directly owned.
Were John W. Florsheim’s WEYS transactions under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox is not marked as affirming plan status, and no footnote states that these WEYS transactions occurred under a Rule 10b5-1 or other pre-arranged trading plan.