Weyco Group: president and COO John W Florsheim exercised 19,800 shares

What happened

• John W Florsheim, president and COO and a director, exercised options to acquire 19,800 shares on Oct 2, 2026. The filing shows exercises of 10,000 shares at $24.00 for $240,000, 5,600 shares at $25.79 for $144,424, and 4,200 shares at $25.79 for $108,318 (total acquired value $492,742).
• The filing also shows dispositions related to the exercises: surrender of 14,205 shares at $50.21 for $713,233 as payment of exercise price or tax liability, and disposals of 10,000 shares at $24.00 for $240,000, 5,600 shares at $28.83 for $161,448, and 4,200 shares at $25.79 for $108,318 (disposition values as reported).

Key details

• Transaction date: Oct 2, 2026. Prices and amounts reported in the filing: 10,000 shares @ $24.00 = $240,000; 5,600 shares @ $25.79 = $144,424; 4,200 shares @ $25.79 = $108,318; payment/surrender 14,205 shares @ $50.21 = $713,233; payment/surrender 5,600 shares @ $28.83 = $161,448; derivative dispositions 10,000 shares @ $24.00 = $240,000; derivative dispositions 4,200 shares @ $25.79 = $108,318.
• Shares owned after the transaction: not reported in the Form 4 provided.
• Footnotes: F1: for informational purposes only. F2: 20% per year for 5 years beginning Aug 25, 2022. F3: 20% per year for 5 years beginning Aug 25, 2023. F4: 20% per year for 5 years beginning Aug 25, 2024.
• Filing timeliness: Form 4 filed on Oct 2, 2026, the same date as the transactions.

Why it may matter

• The filing reports option exercises. The filing also shows shares surrendered to cover the exercise price or tax liability, consistent with a cashless exercise or share-withholding to satisfy tax or payment obligations.
• A filing does not show why the insider traded or why the company acted.