Weyco (NASDAQ: WEYS) president logs family stock gift
Rhea-AI Filing Summary
For Weyco Group Inc. (WEYS), President and COO John W. Florsheim reported a bona fide gift of 1,110 shares of common stock on 2026-08-18 from an account held indirectly as Trustee for Children, with that indirect trustee holding now at 313,374 shares. He also reports 430,972 common shares held directly, and indirect holdings of 74,476 shares by his wife and 221,873 shares in the John Florsheim Family Trust. In addition, he holds stock options on 10,000 shares at $24.00 (expiring 2031-08-25), 7,000 shares at $28.83 (expiring 2032-08-25), and 7,000 shares at $25.79 (expiring 2033-08-25), each vesting 20% per year for 5 years beginning on their respective stated dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,110 shares
Net Sell
8 txns
Insider
FLORSHEIM JOHN W
Role
PRESIDENT AND COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 1,110 | $0.00 | $0.00 |
| holding | Stock Option F2 | -- | -- | -- |
| holding | Stock Option F3 | -- | -- | -- |
| holding | Stock Option F4 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 313,374 shares (Indirect, As Trustee for Children);
Stock Option — 24,000 shares (Direct);
Common Stock — 430,972 shares (Direct);
Common Stock — 0 shares (Indirect, Held in 2018 Irrevocable Trust);
Common Stock — 74,476 shares (Indirect, By Wife);
Common Stock — 221,873 shares (Indirect, John Florsheim Family Trust of which Brother is Trustee)
Footnotes (4)
- F1. For informational purposes only
- 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
Gifted shares: 1,110 shares
Gift price per share: $0.00
Trustee for Children holding: 313,374 shares
+5 more
8 metrics
Gifted shares
1,110 shares
Bona fide gift of WEYS common stock on 2026-08-18
Gift price per share
$0.00
Reported per-share value for the 1,110-share bona fide gift
Trustee for Children holding
313,374 shares
Indirect WEYS common shares held as Trustee for Children after gift
Direct common stock holding
430,972 shares
WEYS common shares held directly by John W. Florsheim
Wife’s indirect holding
74,476 shares
WEYS common shares held indirectly by wife
Family Trust holding
221,873 shares
WEYS common shares in John Florsheim Family Trust (informational)
Option exercise price
$24.00
Stock option on 10,000 WEYS shares expiring 2031-08-25
Option exercise price
$28.83
Stock option on 7,000 WEYS shares expiring 2032-08-25
Key Terms
bona fide gift, indirect ownership, Stock Option, exercise price, +1 more
5 terms
bona fide gift financial
"transaction code G with description "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
"ownership_type marked as indirect with nature of ownership"
Stock Option financial
"security_title listed 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 price financial
"Stock Option entries show an exercise price and expiration date"
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.
vesting financial
"Footnotes state 20% per year for 5 years beginning specific dates"
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.
FAQ
What insider transaction did John W. Florsheim report for WEYS on August 18, 2026?
John W. Florsheim reported a bona fide gift of 1,110 WEYS common shares on 2026-08-18. The shares were held indirectly as Trustee for Children, and the transaction was recorded at a $0.00 per-share price as a gift.
Was the August 18, 2026 WEYS transaction a market sale or purchase?
The August 18, 2026 transaction was a bona fide gift of 1,110 WEYS shares, coded as G with a disposition flag. It was not reported as a market purchase or sale and carried a $0.00 per-share value.
Does the WEYS Form 4 indicate use of a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not checked, and no footnote describes a trading plan. The reported gift transaction and holdings therefore are not identified as occurring under a pre-arranged 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
