Weyco (WEYS) VP Dustin Combs Exercises Options, Receives Award

What Happened

• Dustin Combs, VP and President — Bogs & Rafters at Weyco Group (WEYS), exercised stock options on 2026-08-25 to acquire 2,761 shares (1,201 @ $24.00; 780 @ $28.83; 780 @ $25.79) for a total exercise cost of $71,427. He also received a grant/award of 1,360 shares (reported at $0.00). To cover exercise price/tax liabilities, 2,096 shares were surrendered/withheld (1,665 @ $44.82 = $74,625; 431 @ $45.58 = $19,645), totaling $94,270 in value. Net, Combs increased his holdings by about 2,025 shares (4,121 acquired − 2,096 withheld).

Key Details

• Transaction date: August 25, 2026; Form 4 filed August 27, 2026 (within the typical 2-business-day reporting window).
• Option exercises (code M): 1,201 @ $24.00; 780 @ $28.83; 780 @ $25.79 — total exercise price $71,427.
• Award (code A): 1,360 shares @ $0.00.
• Tax/price withholding (code F): 1,665 shares @ $44.82 ($74,625) and 431 shares @ $45.58 ($19,645); total withheld value ≈ $94,270.
• Net shares acquired: ~2,025 shares after withholding.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Notes on form codes: M = option exercise/conversion; A = grant/award; F = payment of exercise price or tax liability (shares withheld).

Context

• This appears to be a routine option exercise combined with an award vesting; the withholding of shares to cover taxes/exercise costs indicates a cashless component (shares surrendered rather than a cash payment). Such exercises and withholding are common for employee compensation and do not, by themselves, indicate the insider’s view on the company’s stock.