FLORSHEIM THOMAS W JR 4
4 · WEYCO GROUP INC · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Weyco (WEYS) Chairman Thomas W. Florsheim Jr. Transfers 94,619 Shares
What Happened
Thomas W. Florsheim Jr., Chairman, CEO and a director of Weyco Group Inc. (WEYS), reported an "other acquisition or disposition" (code J) on May 8, 2026 that disposed of 94,619 shares at $0.00. The filing indicates the shares were transferred from a closed trust into Mr. Florsheim's father's revocable trust (footnote F1); no sale proceeds were reported.
Key Details
- Transaction date: 2026-05-08; Filing date (Form 4): 2026-05-11.
- Transaction type/code: Other disposition (J) — transfer, reported at $0.00 per share; total reported value $0.
- Shares disposed: 94,619.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Notable footnotes: F1 confirms the transfer was from a closed trust to the father’s revocable trust. F2–F6 list 20% per year vesting schedules beginning on various prior dates (likely related to previously granted awards).
- No indication in the excerpt that this was a market sale or part of a 10b5-1 plan.
Context
This was a trust-to-trust transfer among related parties, not an open-market sale; such transfers typically do not signal insider buying or selling intent. The vesting schedule notes (F2–F6) reference multi-year vesting (20% per year for five years) of prior awards, which may reflect separate equity grant terms rather than this transfer.
Insider Transaction Report
- Other
Common Stock
[F1]2026-05-08−94,619→ 0 total(indirect: By Trust)
- 808,737
Common Stock
- 52,113(indirect: By Spouse)
Common Stock
- 268,779(indirect: By Trust)
Common Stock
- 221,873(indirect: By Trust)
Common Stock
- 8,000
Stock Option
[F2]Exercise: $37.22From: 2019-08-23Exp: 2028-08-23→ Common Stock (8,000 underlying) - 10,000
Stock Option
[F3]Exercise: $18.00From: 2021-08-26Exp: 2030-08-26→ Common Stock (10,000 underlying) - 10,000
Stock Option
[F4]Exercise: $24.00From: 2022-08-25Exp: 2031-08-25→ Common Stock (10,000 underlying) - 7,000
Stock Option
[F5]Exercise: $28.83From: 2023-08-25Exp: 2032-08-25→ Common Stock (7,000 underlying) - 7,000
Stock Option
[F6]Exercise: $25.79From: 2024-08-25Exp: 2033-08-25→ Common Stock (7,000 underlying)
Footnotes (6)
- [F1]Shares transferred from the closed trust to Thomas W. Florsheim's (Father) revocable trust in accordance with the terms of the related trust.
- [F2]20% per year for 5 years beginning 08/23/2019
- [F3]20% per year for 5 years beginning 08/26/2021
- [F4]20% per year for 5 years beginning 08/25/2022
- [F5]20% per year for 5 years beginning 08/25/2023
- [F6]20% per year for 5 years beginning 08/25/2024