FLORSHEIM JOHN W 4

What Happened

• John W. Florsheim, President & COO and a director of Weyco Group Inc. (WEYS), recorded an "other acquisition or disposition" (Form 4 code J) on 2026-05-08 for 94,619 shares. The transaction shows $0 proceeds, meaning no sale occurred — the shares were transferred rather than sold on the open market.

Key Details

• Transaction date: 2026-05-08; Form 4 filed: 2026-05-11 (filed within normal reporting window).
• Price/proceeds: $0.00 (no cash received).
• Transaction type/code: J — other acquisition/disposition (non-market transfer).
• Footnote F1: shares were transferred from a closed trust to Thomas W. Florsheim’s (his father’s) revocable trust in accordance with the trust terms.
• Other footnotes (F2–F7) in the filing appear informational or relate to vesting schedules (20% per year for five years on various start dates); they do not change that this event was a transfer.
• Shares owned after the transaction: not specified in the provided summary — see the full Form 4 for total post-transfer holdings.

Context

• This was an intra-family trust transfer (not an open-market sale), so it does not represent a cash exit from the position. Transfers among trusts or to family members are commonly for estate or tax planning and are not necessarily a signal of management sentiment.