WEYCO (WEYS) VP Brian Flannery Exercises Options

What Happened

• Brian Flannery, a Vice President at Weyco Group Inc. (WEYS), exercised stock derivatives on 2026-08-11. He exercised 780 options at $28.83 ($22,487) and 1,559 options at $25.79 ($40,207), for total exercised value of $62,694.
• To cover taxes/exercise-related obligations, 1,370 shares were surrendered/withheld at $46.22 for a value of $63,321. Net shares received by Flannery were 969 shares (2,339 exercised − 1,370 withheld).
• This was an option exercise (code M) with a tax/withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-08-11; Form filed 2026-08-12 (timely filing).
• Exercise details: 780 shares @ $28.83 = $22,487; 1,559 shares @ $25.79 = $40,207.
• Withholding/tax: 1,370 shares @ $46.22 = $63,321 (surrendered to cover exercise price/taxes).
• Net shares acquired: 969 shares.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes indicate related award vesting schedules: F1/F2/F3 = 20% per year (various start dates: 08/25/2022, 08/25/2023, 08/25/2024), i.e., multi-year vesting on awards tied to these exercises.

Context

• This is an option exercise (M). The withholding of 1,370 shares to satisfy tax/exercise obligations is a common "sell/withhold to cover" mechanism (code F) and not an open-market sale that would signal active divestment.
• Option exercises often reflect the exercise of previously granted compensation; they do not necessarily indicate a change in view about the company.