Weyco (WEYS) VP Jeffrey S. Douglass Sells 300 Shares
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Weyco (WEYS) VP Jeffrey S. Douglass Sells 300 Shares
What Happened
Jeffrey S. Douglass, Vice President — Marketing at Weyco Group, sold a total of 300 shares via open-market transactions on Aug 11–12, 2026. The three dispositions were: 100 shares @ $46.90 ($4,690) and 100 shares @ $46.98 ($4,698) on Aug 11, and 100 shares @ $46.99 ($4,699) on Aug 12, for combined proceeds of $14,087. These were sales (S) — routine dispositions that are not, by themselves, clear signals of company outlook.
Key Details
- Transaction dates & prices:
- 2026-08-11: 100 shares @ $46.90 — $4,690
- 2026-08-11: 100 shares @ $46.98 — $4,698
- 2026-08-12: 100 shares @ $46.99 — $4,699
- Total sold: 300 shares for $14,087.
- Filing: Form 4 filed on 2026-08-12 reporting the trades on Aug 11–12, 2026 (appears timely).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1–F4 note vesting schedules of "20% per year for 5 years" beginning on 08/23/2019, 08/25/2022, 08/25/2023, and 08/25/2024 respectively (these reference prior awards/vesting terms reported in the filing).
- Transaction code: S = Sale. No purchases, option exercises, or gifts reported in this filing.
Context
Open-market sales by executives are common and can reflect personal financial planning, diversification, or tax needs rather than a view on the company. The footnotes point to prior award vesting schedules but do not specify whether the sold shares originated from vested awards; the filing shows only the open-market dispositions.