FLORSHEIM THOMAS W 4
4 · WEYCO GROUP INC · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Weyco (WEYS) Director Thomas Florsheim Acquires 378,476 Shares
What Happened
Thomas W. Florsheim, a director of Weyco Group, reported an other acquisition/disposition on 2026-05-08: 378,476 Weyco shares were moved into his revocable trusts with a reported price of $0.00 (transfer between related trusts). This was a non‑market transfer (not a purchase or sale) and involved no cash consideration.
Key Details
- Transaction date: 2026-05-08 (reported on Form 4 filed 2026-05-11).
- Transaction type/code: Other acquisition/disposition (code J) — transfer between related trusts.
- Shares transferred: 378,476; reported price: $0.00 (no cash exchanged).
- Shares owned after transaction: not specified in the filing.
- Footnote F1: Shares were transferred from the children's closed trusts to his revocable trusts in accordance with the related trusts' terms.
- Footnotes F2–F8: Describe vesting schedules for certain awards (20% per year for 5 years beginning on various dates).
- Filing timeliness: filing date is 2026-05-11; the Form 4 lists the 2026-05-08 transaction date (filing timeliness not marked as late in the provided data).
Context: This was an internal trust transfer among related parties, not an open-market buy or sale. Such transfers generally reflect estate/wealth-management actions and do not necessarily signal insider sentiment about the company's outlook.
Insider Transaction Report
- Other
Common Stock
[F1]2026-05-08+378,476→ 932,649 total(indirect: By Trust)
- 3,880
Common Stock
- 77,688(indirect: By Spouse)
Common Stock
- 3,500
Stock Option
[F2]Exercise: $27.94From: 2018-08-25Exp: 2027-08-25→ Common Stock (3,500 underlying) - 2,000
Stock Option
[F3]Exercise: $37.22From: 2019-08-23Exp: 2028-08-23→ Common Stock (2,000 underlying) - 3,500
Stock Option
[F4]Exercise: $23.38From: 2020-08-14Exp: 2029-08-14→ Common Stock (3,500 underlying) - 3,500
Stock Option
[F5]Exercise: $18.00From: 2021-08-26Exp: 2030-08-26→ Common Stock (3,500 underlying) - 3,500
Stock Option
[F6]Exercise: $24.00From: 2022-08-25Exp: 2031-08-25→ Common Stock (3,500 underlying) - 3,500
Stock Option
[F7]Exercise: $28.83From: 2023-08-25Exp: 2032-08-25→ Common Stock (3,500 underlying) - 3,500
Stock Option
[F8]Exercise: $25.79From: 2024-08-25Exp: 2033-08-25→ Common Stock (3,500 underlying)
Footnotes (8)
- [F1]Shares transferred from the children's closed trusts to his revocable trusts in accordance with the terms of the related trusts.
- [F2]20% per year for 5 years beginning 08/25/2018
- [F3]20% per year for 5 years beginning 08/23/2019
- [F4]20% per year for 5 years beginning 08/14/2020
- [F5]20% per year for 5 years beginning 08/26/2021
- [F6]20% per year for 5 years beginning 08/25/2022
- [F7]20% per year for 5 years beginning 08/25/2023
- [F8]20% per year for 5 years beginning 08/25/2024