WEYCO GROUP INC·4

Jun 16, 11:57 AM ET

Douglass Jeffrey S 4

Research Summary

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Updated

Weyco Group (WEYS) VP Jeffrey S. Douglass Sells 1,033 Shares

What Happened

  • Jeffrey S. Douglass, Vice President of Marketing at Weyco Group (WEYS), sold a total of 1,033 shares in two open-market transactions. On 2026-06-09 he sold 633 shares at $35.86 each for $22,699; on 2026-06-10 he sold 400 shares at $36.35 each for $14,540. These were sales (S), not purchases or option exercises.

Key Details

  • Transaction dates and prices:
    • 2026-06-09: 633 shares @ $35.86 — $22,699
    • 2026-06-10: 400 shares @ $36.35 — $14,540
  • Total proceeds: approximately $37,239.
  • Shares owned after the transactions: not specified in the provided filing details.
  • Footnotes included in the filing (F1–F4) indicate prior awards vesting at 20% per year for five years beginning on various grant dates (08/23/2019, 08/25/2022, 08/25/2023, 08/25/2024), suggesting staggered vesting from earlier grants.
  • Filing date: 2026-06-16. The report covers transactions on 2026-06-09 and 06-10; because Form 4s are normally due within two business days of a transaction, this filing appears late (filed ~6–7 days after the first sale).

Context

  • These were open-market sales (routine dispositions) and do not by themselves indicate company performance or insider sentiment. The footnotes point to scheduled vesting from previous awards, but the filing does not tie the sales to a specific reason (e.g., tax withholding, diversification, or liquidity). Late filings reduce timely transparency for investors.