WEYCO GROUP INC 8-K

What Happened
Weyco Group, Inc. announced (Form 8-K filed Jan 5, 2026) that it entered into new three-year employment agreements with Chairman & CEO Thomas W. Florsheim, Jr. and President & COO John W. Florsheim, each effective January 1, 2026 and continuing through December 31, 2028. The agreements are renewals of prior contracts with minor updates and continue the executives in their current roles.

Key Details

• Effective date: January 1, 2026; term ends December 31, 2028 (three-year terms).
• Covered executives: Thomas W. Florsheim, Jr. (Chairman & CEO) and John W. Florsheim (President, COO).
• Compensation: each executive will receive a base salary (amounts not disclosed) subject to increases by the Compensation Committee; eligible for bonuses and to participate in company benefit plans (401(k), profit sharing, retirement, insurance, stock award plans) as approved by the Board.
• Other terms: company-provided automobile; confidentiality and non-compete covenants during the employment term; severance benefits for death, disability, termination without cause, or certain post-change-in-circumstance resignations.

Why It Matters
This filing confirms continuity of Weyco’s senior leadership through 2028, which matters to investors evaluating management stability and execution risk. The agreements also formalize compensation and severance terms that could affect future executive expense disclosures; restrictive covenants protect company interests while the executives are employed.