A large exercise of company stock options by Dustin Combs, VP at Weyco Group (NASDAQ:WEYS) was disclosed in a new SEC filing on December 26, as part of an insider exercise.
What Happened: A notable Form 4 filing on Tuesday with the U.S. Securities and Exchange Commission revealed that Combs, VP at Weyco Group, exercised stock options for 19,077 shares of WEYS, resulting in a transaction value of $150,364.
Weyco Group shares are trading down 0.37% at $32.22 at the time of this writing on Wednesday morning. Since the current price is $32.22, this makes Combs's 19,077 shares worth $150,364.
Unveiling the Story Behind Weyco Group
Weyco Group Inc is a company, engaged in the manufacturing, designing and distribution of footwear. The company designs and markets footwear for men, women, and children. The company organizes its business into two segments; the North American wholesale and the North American retail segment. It markets its apparel, accessories, and footwear under the brand name of Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Forsake. The company has operational footprints in the United States, Canada, Europe, Asia, and Australia among others. It generates a majority of its revenue from the United States.
Financial Insights: Weyco Group
Revenue Growth: Weyco Group's ...