Weyco Group awards 1,360 shares to division head
WEYCO GROUP INC (WEYS) reported that executive Kevin Schiff, VP and President – Florsheim, received a grant/award of 1,360 shares of common stock on August 25, 2026, at no stated cost.
Rhea-AI Filing Summary
WEYCO GROUP INC (WEYS) reported that executive Kevin Schiff, VP and President – Florsheim, received a grant/award of 1,360 shares of common stock on August 25, 2026, at no stated cost. On the same date, 402 shares of common stock were withheld at $45.58 per share to satisfy tax withholding obligations upon the vesting of restricted stock. Schiff also holds several stock option awards on common stock with exercise prices ranging from $18.00 to $28.83 per share and expiration dates from 2030 through 2033, each vesting 20% per year over five years. The Rule 10b5-1 trading plan checkbox was not marked as applicable.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Schiff Kevin
Role
VP, PRESIDENT - FLORSHEIM
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,360 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 402 | $45.58 | $18K |
| holding | Stock Option F2 | -- | -- | -- |
| holding | Stock Option F3 | -- | -- | -- |
| holding | Stock Option F4 | -- | -- | -- |
| holding | Stock Option F5 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 28,691 shares (Direct);
Stock Option — 9,063 contracts (Direct)
Footnotes (5)
- F1. Represents shares used to satisfy tax withholding obligations upon vesting of restricted stock.
- F2. 20% per year for 5 years beginning 08/26/2021
- F3. 20% per year for 5 years beginning 08/25/2022
- F4. 20% per year for 5 years beginning 08/25/2023
- F5. 20% per year for 5 years beginning 08/25/2024
Key Figures
Restricted stock grant: 1,360 shares of Common Stock at $0.00 per share
Shares withheld for tax: 402 shares of Common Stock at $45.58 per share
Stock option exercise price: $18.00 per share
+3 more
6 metrics
Restricted stock grant
1,360 shares of Common Stock at $0.00 per share
Grant/award acquisition on 2026-08-25
Shares withheld for tax
402 shares of Common Stock at $45.58 per share
Payment of tax liability upon vesting of restricted stock on 2026-08-25
Stock option exercise price
$18.00 per share
Option on 1,200 underlying shares, expiring 2030-08-26, vesting from 2021-08-26
Stock option exercise price
$24.00 per share
Option on 2,401 underlying shares, expiring 2031-08-25, vesting from 2022-08-25
Stock option exercise price
$28.83 per share
Option on 2,341 underlying shares, expiring 2032-08-25, vesting from 2023-08-25
Stock option exercise price
$25.79 per share
Option on 3,121 underlying shares, expiring 2033-08-25, vesting from 2024-08-25
Key Terms
restricted stock, Stock Option, exercise price, vesting, +1 more
5 terms
restricted stock financial
"tax withholding obligations upon vesting of restricted stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Stock Option financial
"Stock Option on Common Stock with specified exercise price and expiration"
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 with an exercise price of $18.0000 per share"
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
"20% per year for 5 years beginning 08/26/2021"
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.
tax withholding obligations financial
"shares used to satisfy tax withholding obligations upon vesting"
FAQ
What equity award did Kevin Schiff receive from WEYS on August 25, 2026?
Kevin Schiff received a grant/award of 1,360 shares of WEYCO GROUP INC common stock on August 25, 2026, reported at a price of $0.00 per share, indicating a compensation-related equity award rather than a market purchase.
Does this WEYS Form 4 indicate trades under a Rule 10b5-1 plan?
No. The Form 4’s Rule 10b5-1 checkbox is not checked, and there is no footnote stating that the reported transactions were executed under a Rule 10b5-1 trading plan.
What stock options on WEYS common stock does Kevin Schiff have at $18.00?
Kevin Schiff holds a stock option on WEYCO GROUP INC common stock with an exercise price of $18.00 per share, covering 1,200 underlying shares, expiring on August 26, 2030, vesting 20% per year for five years beginning August 26, 2021.
What are the key terms of Kevin Schiff’s $24.00 WEYS stock option?
He holds a stock option with an exercise price of $24.00 per share on 2,401 underlying shares of WEYCO GROUP INC common stock, expiring on August 25, 2031, vesting 20% per year for five years beginning August 25, 2022.
What higher-priced WEYS stock options does Kevin Schiff hold?
Kevin Schiff holds options on WEYCO GROUP INC common stock with exercise prices of $28.83 on 2,341 underlying shares expiring August 25, 2032, and $25.79 on 3,121 underlying shares expiring August 25, 2033, each vesting 20% per year over five years from 2023 and 2024 respectively.
AI-generated analysis. How Rhea-AI works. Not financial advice.
