WEYCO GROUP CEO Receives Stock Grant, Sells Shares for Taxes

Insider Trading Analysis of WEYCO GROUP INC (WEYS)

On August 27, 2026, Thomas W. Florsheim, Jr., the CHAIRMAN & CEO of WEYCO GROUP INC, filed a Form 4 detailing transactions that occurred on August 25, 2026.

Transaction Summary:

• Grant (Code A): The insider was awarded 2,080 shares of Common Stock at no cost as part of a compensation plan.
• Tax Withholding (Code F): Subsequently, 846 shares were disposed of at a price of $45.58 per share. This was not an open market sale but rather shares withheld by the company to satisfy tax withholding obligations that arose from the vesting of restricted stock, as noted in the filing's footnotes.

Net Impact: The transactions resulted in a net increase of 1,234 shares to the insider's direct holdings. Following these transactions, Mr. Florsheim directly owns 809,948 shares. He also holds a significant number of shares indirectly through his wife (52,113), as a trustee for his children (268,779), and through a family trust (221,873).

Significance: The trading activity is rated as Low significance. The acquisition was a stock grant, a common form of executive compensation. The disposition was a mandatory, non-discretionary sale to cover taxes and does not reflect a change in the insider's sentiment or a decision to sell on the open market.