Weyco (WEYS) Director Thomas W. Florsheim Receives 1,265-Share Award

What Happened
Thomas W. Florsheim, a director of Weyco Group Inc. (WEYS), was reported to have received an award of 1,265 shares on 2026-08-25 (reported acquisition at $0.00). The Form 4 also shows transfers to/from a voting trust: 2,390 shares were recorded as deposited/withdrawn on 2026-08-25 and 310 shares were recorded as deposited/withdrawn on 2026-08-26. All transactions are reported at $0.00 (no cash exchanged in the filing).

Key Details

• Transaction dates and prices:
  • 2026-08-25: Award/acquisition (code A) — 1,265 shares @ $0.00 (reported value $0)
  • 2026-08-25: Voting trust transfer (code Z) — 2,390 shares disposed @ $0.00 and 2,390 shares acquired @ $0.00
  • 2026-08-26: Voting trust transfer (code Z) — 310 shares disposed @ $0.00 and 310 shares acquired @ $0.00
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes: F1–F7 indicate multiple prior award vesting schedules (generally 20% per year for 5 years beginning on various dates from 2018–2024), implying staged vesting for earlier grants.
• Filing: Form 4 was filed on 2026-08-27 for transactions on 2026-08-25–08-26; this appears to be a timely filing.

Context

• Code A denotes an award/grant (acquisition of shares as compensation or vesting). Code Z denotes deposit/withdrawal to/from a voting trust — these are transfers of voting control, not cash sales, and typically do not change the insider’s economic ownership.
• These transactions do not show a sale of shares for cash; the award increases reported holdings (subject to vesting rules), while the Z transfers reflect voting arrangements rather than market trades.