Weyco Group: chairman & ceo Thomas W. Florsheim Jr exercised 19,800 shares

What happened

• Thomas W. Florsheim Jr, chairman & ceo, exercised options to acquire 19,800 shares on Oct 2, 2026, for a total of $509,766 (10,000 shares @ $24.00 for $240,000; 5,600 shares @ $28.83 for $161,448; 4,200 shares @ $25.79 for $108,318).
• The filing also reports a payment of exercise price or tax liability of 14,205 shares disposed at $50.21 per share for $713,233. The filing lists the exercised derivative securities as disposed (10,000; 5,600; 4,200) in connection with the transactions.

Key details

• Transaction dates and prices: Oct 2, 2026 — exercised 10,000 @ $24.00 ($240,000); exercised 5,600 @ $28.83 ($161,448); exercised 4,200 @ $25.79 ($108,318); payment of exercise price/tax withholding 14,205 @ $50.21 ($713,233).
• Shares owned after the transaction: not reported in the filing.
• Footnotes and codes: transactions coded M (option exercise) and F (payment of exercise price or tax liability); 14,205 shares were surrendered to satisfy tax withholding.
• Filing date and timeliness: Form 4 filed Oct 2, 2026; the filing does not indicate it was late.

Why it may matter

• The filing shows options were exercised and that 14,205 shares were used to satisfy tax obligations (a cashless element of the exercise).
• The filing does not show why the insider traded or why the company acted.