Estate transfer moves 4.05M WEIS MARKETS (WMK) shares out of marital trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WEIS MARKETS INC reporting person Patricia R. Weis Marital Trust reported an estate-related transfer of 4,051,383 shares of common stock on June 1, 2026. The transaction was recorded at $0.00 per share and left the trust holding no shares afterward. This reflects a transfer by will or laws of descent and distribution, not a market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Patricia R. Weis Marital Trust
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| W | Common Stock | 4,051,383 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct, null)
Footnotes (1)
Key Figures
Shares transferred: 4,051,383 shares
Reported price per share: $0.00 per share
Shares held after transaction: 0 shares
3 metrics
Shares transferred
4,051,383 shares
Estate or inheritance transfer on June 1, 2026
Reported price per share
$0.00 per share
Estate-related transfer, non-market transaction
Shares held after transaction
0 shares
Patricia R. Weis Marital Trust post-transfer holdings
Key Terms
Form 4, Common Stock, laws of descent and distribution, ten percent owner
4 terms
Form 4 regulatory
"A Form 4 for WEIS MARKETS shows the Patricia R. Weis Marital Trust transferring shares"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"The filing involves 4,051,383 shares of WEIS MARKETS common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
laws of descent and distribution regulatory
"The transaction is described as by will or laws of descent and distribution"
ten percent owner financial
"The Patricia R. Weis Marital Trust is identified as a ten percent owner"
FAQ
What insider transaction did WEIS MARKETS INC (WMK) report in this Form 4?
WEIS MARKETS INC reported that the Patricia R. Weis Marital Trust transferred 4,051,383 common shares due to estate or inheritance. The move reflects a change in ownership by will or descent, not an open-market trade or discretionary investment decision.
What is the Patricia R. Weis Marital Trust’s WEIS MARKETS (WMK) position after this transaction?
After the estate-related transfer, the Patricia R. Weis Marital Trust reported holding zero WEIS MARKETS shares. This means its entire 4,051,383-share position moved out as part of the inheritance or descent distribution reflected in the Form 4.
What does transaction code W mean in this WEIS MARKETS (WMK) Form 4?
Transaction code W in this Form 4 indicates an acquisition or disposition by will or laws of descent and distribution. It signals an estate or inheritance transfer of WEIS MARKETS shares, rather than a voluntary market trade by the reporting person.
Is this WEIS MARKETS (WMK) Form 4 transaction considered a buy or sell signal?
This transaction is not a traditional buy or sell signal. It reflects an estate-driven transfer coded as an inheritance-related event, with no cash price and no market execution, so it mainly shows a change in who legally owns the shares.