Weyco (WEYS) VP Katherine Destinon Receives 1,360-Share Award

What Happened

• Katherine Destinon, Vice President and President of the Nunn Bush brand at Weyco Group (WEYS), was issued 1,360 shares as an award on 2026-08-25 (reported as acquisition code A). Simultaneously, 439 shares were surrendered/withheld to satisfy tax withholding obligations (disposition code F) at a per-share value of $45.58, totaling $20,010.
• The award is a restricted-stock-type grant (reported with $0 cash price), and the withheld shares were used to cover tax liability rather than representing an open-market sale.

Key Details

• Transaction dates: 2026-08-25 (award of 1,360 shares; withholding of 439 shares).
• Prices/values: Award recorded at $0; tax-withheld shares reported at $45.58 each, total $20,010.
• Filing date: Form 4 filed 2026-08-27 (covers transactions on 08/25/2026) — filing appears timely.
• Shares owned after transaction: Not specified in the information provided in this summary (not reported above).
• Footnotes of note:
  • F1: The 439-share disposition represents shares used to satisfy tax withholding upon vesting of restricted stock.
  • F2–F4: Indicate staggered vesting schedules of 20% per year for 5 years beginning 08/25/2022, 08/25/2023, and 08/25/2024, respectively.

Context

• This was a restricted stock vesting/award event with a cashless tax-withholding settlement (routine for vested equity awards); it is not an open-market sale or purchase by the insider.
• Such tax-withholding dispositions are common and generally reflect payroll tax obligations rather than a signal of personal investment decisions.