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STOCK TITAN

[8-K] Weyco Group Inc Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Weyco Group (Nasdaq: WEYS) filed an 8-K on 31 Jul 2025 to announce the appointment of Ms. Becky Kryger as an independent director. The Board increased its size from 6 to 7 and placed Ms. Kryger on the Audit, Compensation, and Nominating & Corporate Governance Committees, affirming that she meets Nasdaq independence standards.

Ms. Kryger is Vice President & Global Controller at Clarios and previously held senior international finance roles at Johnson Controls (1998-2019). Her background adds global manufacturing and audit expertise that aligns with Weyco’s footwear operations.

Compensation mirrors other non-employee directors: a quarterly cash retainer plus restricted stock under the 2024 Incentive Plan. The filing states there are no related-party transactions, special arrangements, or family relationships associated with her appointment. No financial metrics, earnings data, or strategic transactions were disclosed; the item solely updates corporate governance.

Weyco Group (Nasdaq: WEYS) ha presentato un modulo 8-K il 31 luglio 2025 per annunciare la nomina della Sig.ra Becky Kryger come direttrice indipendente. Il Consiglio di Amministrazione è passato da 6 a 7 membri e ha inserito la Sig.ra Kryger nei comitati Audit, Compensi e Nomine & Governance Aziendale, confermando che soddisfa gli standard di indipendenza Nasdaq.

La Sig.ra Kryger è Vicepresidente e Global Controller presso Clarios e in precedenza ha ricoperto ruoli senior nella finanza internazionale presso Johnson Controls (1998-2019). Il suo profilo apporta competenze globali in ambito manifatturiero e di audit, in linea con le operazioni calzaturiere di Weyco.

La remunerazione è allineata a quella degli altri amministratori non esecutivi: un compenso trimestrale in contanti più azioni vincolate secondo il Piano Incentivi 2024. La comunicazione specifica che non ci sono transazioni con parti correlate, accordi speciali o legami familiari legati alla sua nomina. Non sono stati divulgati dati finanziari, risultati economici o operazioni strategiche; l’informazione riguarda esclusivamente l’aggiornamento della governance aziendale.

Weyco Group (Nasdaq: WEYS) presentó un formulario 8-K el 31 de julio de 2025 para anunciar el nombramiento de la Sra. Becky Kryger como directora independiente. La Junta aumentó su tamaño de 6 a 7 miembros y asignó a la Sra. Kryger a los Comités de Auditoría, Compensación y Nombramientos & Gobernanza Corporativa, confirmando que cumple con los estándares de independencia de Nasdaq.

La Sra. Kryger es Vicepresidenta y Controladora Global en Clarios y anteriormente ocupó cargos financieros internacionales senior en Johnson Controls (1998-2019). Su experiencia aporta conocimientos globales en manufactura y auditoría que se alinean con las operaciones de calzado de Weyco.

La compensación es similar a la de otros directores no empleados: una retención trimestral en efectivo más acciones restringidas bajo el Plan de Incentivos 2024. El informe indica que no existen transacciones con partes relacionadas, acuerdos especiales ni relaciones familiares vinculadas a su nombramiento. No se divulgaron métricas financieras, datos de ganancias ni transacciones estratégicas; el punto solo actualiza la gobernanza corporativa.

Weyco Group (나스ë‹�: WEYS)ëŠ� 2025ë…� 7ì›� 31ì� 8-K 보고서를 제출하여 Becky Kryger 씨를 ë…립 ì´ì‚¬ë¡� 임명했다ê³� 발표했습니다. ì´ì‚¬íšŒëŠ” 구성ì›ì„ 6명ì—ì„� 7명으ë¡� 늘렸으며, Kryger 씨를 ê°ì‚¬, ë³´ìƒ, ì§€ëª� ë°� 기업 거버넌스 위ì›íšŒì— 배치하여 그녀가 나스ë‹� ë…립ì„� 기준ì� ì¶©ì¡±í•¨ì„ í™•ì¸í–ˆìŠµë‹ˆë‹¤.

Kryger 씨는 Clariosì� 부사장 ê²� 글로벌 컨트롤러ì´ë©°, ì´ì „ì—는 Johnson Controls(1998-2019)ì—서 êµ­ì œ 금융 고위ì§ì„ 역임했습니다. 그녀ì� ê²½ë ¥ì€ Weycoì� ì‹ ë°œ 제조 사업ê³� 부합하ëŠ� 글로벌 제조 ë°� ê°ì‚¬ ì „ë¬¸ì„±ì„ ì œê³µí•©ë‹ˆë‹�.

ë³´ìƒì€ 다른 비임ì›� ì´ì‚¬ë“¤ê³¼ ë™ì¼í•˜ê²Œ 분기ë³� 현금 보수와 2024ë…� ì¸ì„¼í‹°ë¸Œ 플랜ì—� 따른 제한 주ì‹ìœ¼ë¡œ 구성ë©ë‹ˆë‹�. 보고서ì—ëŠ� ê´€ë � 당사ìž� 거래, 특별 계약, ê°€ì¡� 관계가 ì—†ìŒì� 명시하고 있습니다. 재무 ì§€í‘�, ìˆ˜ìµ ë°ì´í„� ë˜ëŠ” ì „ëžµì � 거래ëŠ� 공개ë˜ì§€ 않았으며, ì´ë²ˆ í•­ëª©ì€ ê¸°ì—… 거버넌스 ì—…ë°ì´íЏì—ë§Œ 해당합니ë‹�.

Weyco Group (Nasdaq : WEYS) a déposé un formulaire 8-K le 31 juillet 2025 pour annoncer la nomination de Mme Becky Kryger en tant qu’administratrice indépendante. Le conseil d’administration est passé de 6 à 7 membres et a intégré Mme Kryger aux comités d’audit, de rémunération ainsi que de nomination et gouvernance d’entreprise, confirmant qu’elle répond aux critères d’indépendance du Nasdaq.

Mme Kryger est vice-présidente et contrôleur global chez Clarios et a précédemment occupé des postes financiers internationaux de haut niveau chez Johnson Controls (1998-2019). Son profil apporte une expertise mondiale en fabrication et audit, en adéquation avec les activités de fabrication de chaussures de Weyco.

La rémunération est similaire à celle des autres administrateurs non salariés : un cachet trimestriel en espèces plus des actions restreintes dans le cadre du plan d’incitation 2024. Le dépôt précise qu’il n’existe aucune transaction avec des parties liées, accord spécial ou relation familiale liée à sa nomination. Aucune donnée financière, résultat ou opération stratégique n’a été divulguée ; ce point met uniquement à jour la gouvernance d’entreprise.

Die Weyco Group (Nasdaq: WEYS) reichte am 31. Juli 2025 ein Formular 8-K ein, um die Ernennung von Frau Becky Kryger als unabhängige Direktorin bekannt zu geben. Der Vorstand wurde von 6 auf 7 Mitglieder erweitert, und Frau Kryger wurde in die Ausschüsse für Prüfung, Vergütung sowie Nominierung & Corporate Governance berufen, wobei bestätigt wurde, dass sie die Nasdaq-Unabhängigkeitsstandards erfüllt.

Frau Kryger ist Vizepräsidentin und Global Controller bei Clarios und hatte zuvor leitende internationale Finanzpositionen bei Johnson Controls (1998-2019) inne. Ihr Hintergrund bringt globale Fertigungs- und Prüfungsexpertise mit, die zu Weycos Schuhgeschäft passt.

Die Vergütung entspricht der der anderen nicht geschäftsführenden Direktoren: ein vierteljährliches Barhonorar plus Restricted Stock gemäß dem Incentive-Plan 2024. Die Einreichung stellt klar, dass keine Transaktionen mit verbundenen Parteien, Sondervereinbarungen oder familiären Beziehungen im Zusammenhang mit ihrer Ernennung bestehen. Finanzkennzahlen, Gewinnzahlen oder strategische Transaktionen wurden nicht offengelegt; der Punkt dient ausschließlich der Aktualisierung der Unternehmensführung.

Positive
  • Adds independent director with extensive global finance experience
  • Board size expansion enhances committee capacity and oversight
  • Placement on Audit, Compensation, and Governance committees strengthens internal controls
Negative
  • None.

Insights

TL;DR: New independent director with deep finance pedigree strengthens audit oversight; governance positive but unlikely to move WEYS shares near-term.

Adding Becky Kryger brings 25+ years of controllership and global finance experience. Her placement on three key committees immediately bolsters financial oversight and aligns with best-practice board refresh cycles. Independence confirmation mitigates conflict risk, and the move improves gender diversity. However, compensation is standard and incremental costs are immaterial. As no strategy or capital allocation changes accompany the appointment, investor impact is governance-centric and modest. I classify the news as neutral from a valuation standpoint yet incrementally positive for long-term risk management.

Weyco Group (Nasdaq: WEYS) ha presentato un modulo 8-K il 31 luglio 2025 per annunciare la nomina della Sig.ra Becky Kryger come direttrice indipendente. Il Consiglio di Amministrazione è passato da 6 a 7 membri e ha inserito la Sig.ra Kryger nei comitati Audit, Compensi e Nomine & Governance Aziendale, confermando che soddisfa gli standard di indipendenza Nasdaq.

La Sig.ra Kryger è Vicepresidente e Global Controller presso Clarios e in precedenza ha ricoperto ruoli senior nella finanza internazionale presso Johnson Controls (1998-2019). Il suo profilo apporta competenze globali in ambito manifatturiero e di audit, in linea con le operazioni calzaturiere di Weyco.

La remunerazione è allineata a quella degli altri amministratori non esecutivi: un compenso trimestrale in contanti più azioni vincolate secondo il Piano Incentivi 2024. La comunicazione specifica che non ci sono transazioni con parti correlate, accordi speciali o legami familiari legati alla sua nomina. Non sono stati divulgati dati finanziari, risultati economici o operazioni strategiche; l’informazione riguarda esclusivamente l’aggiornamento della governance aziendale.

Weyco Group (Nasdaq: WEYS) presentó un formulario 8-K el 31 de julio de 2025 para anunciar el nombramiento de la Sra. Becky Kryger como directora independiente. La Junta aumentó su tamaño de 6 a 7 miembros y asignó a la Sra. Kryger a los Comités de Auditoría, Compensación y Nombramientos & Gobernanza Corporativa, confirmando que cumple con los estándares de independencia de Nasdaq.

La Sra. Kryger es Vicepresidenta y Controladora Global en Clarios y anteriormente ocupó cargos financieros internacionales senior en Johnson Controls (1998-2019). Su experiencia aporta conocimientos globales en manufactura y auditoría que se alinean con las operaciones de calzado de Weyco.

La compensación es similar a la de otros directores no empleados: una retención trimestral en efectivo más acciones restringidas bajo el Plan de Incentivos 2024. El informe indica que no existen transacciones con partes relacionadas, acuerdos especiales ni relaciones familiares vinculadas a su nombramiento. No se divulgaron métricas financieras, datos de ganancias ni transacciones estratégicas; el punto solo actualiza la gobernanza corporativa.

Weyco Group (나스ë‹�: WEYS)ëŠ� 2025ë…� 7ì›� 31ì� 8-K 보고서를 제출하여 Becky Kryger 씨를 ë…립 ì´ì‚¬ë¡� 임명했다ê³� 발표했습니다. ì´ì‚¬íšŒëŠ” 구성ì›ì„ 6명ì—ì„� 7명으ë¡� 늘렸으며, Kryger 씨를 ê°ì‚¬, ë³´ìƒ, ì§€ëª� ë°� 기업 거버넌스 위ì›íšŒì— 배치하여 그녀가 나스ë‹� ë…립ì„� 기준ì� ì¶©ì¡±í•¨ì„ í™•ì¸í–ˆìŠµë‹ˆë‹¤.

Kryger 씨는 Clariosì� 부사장 ê²� 글로벌 컨트롤러ì´ë©°, ì´ì „ì—는 Johnson Controls(1998-2019)ì—서 êµ­ì œ 금융 고위ì§ì„ 역임했습니다. 그녀ì� ê²½ë ¥ì€ Weycoì� ì‹ ë°œ 제조 사업ê³� 부합하ëŠ� 글로벌 제조 ë°� ê°ì‚¬ ì „ë¬¸ì„±ì„ ì œê³µí•©ë‹ˆë‹�.

ë³´ìƒì€ 다른 비임ì›� ì´ì‚¬ë“¤ê³¼ ë™ì¼í•˜ê²Œ 분기ë³� 현금 보수와 2024ë…� ì¸ì„¼í‹°ë¸Œ 플랜ì—� 따른 제한 주ì‹ìœ¼ë¡œ 구성ë©ë‹ˆë‹�. 보고서ì—ëŠ� ê´€ë � 당사ìž� 거래, 특별 계약, ê°€ì¡� 관계가 ì—†ìŒì� 명시하고 있습니다. 재무 ì§€í‘�, ìˆ˜ìµ ë°ì´í„� ë˜ëŠ” ì „ëžµì � 거래ëŠ� 공개ë˜ì§€ 않았으며, ì´ë²ˆ í•­ëª©ì€ ê¸°ì—… 거버넌스 ì—…ë°ì´íЏì—ë§Œ 해당합니ë‹�.

Weyco Group (Nasdaq : WEYS) a déposé un formulaire 8-K le 31 juillet 2025 pour annoncer la nomination de Mme Becky Kryger en tant qu’administratrice indépendante. Le conseil d’administration est passé de 6 à 7 membres et a intégré Mme Kryger aux comités d’audit, de rémunération ainsi que de nomination et gouvernance d’entreprise, confirmant qu’elle répond aux critères d’indépendance du Nasdaq.

Mme Kryger est vice-présidente et contrôleur global chez Clarios et a précédemment occupé des postes financiers internationaux de haut niveau chez Johnson Controls (1998-2019). Son profil apporte une expertise mondiale en fabrication et audit, en adéquation avec les activités de fabrication de chaussures de Weyco.

La rémunération est similaire à celle des autres administrateurs non salariés : un cachet trimestriel en espèces plus des actions restreintes dans le cadre du plan d’incitation 2024. Le dépôt précise qu’il n’existe aucune transaction avec des parties liées, accord spécial ou relation familiale liée à sa nomination. Aucune donnée financière, résultat ou opération stratégique n’a été divulguée ; ce point met uniquement à jour la gouvernance d’entreprise.

Die Weyco Group (Nasdaq: WEYS) reichte am 31. Juli 2025 ein Formular 8-K ein, um die Ernennung von Frau Becky Kryger als unabhängige Direktorin bekannt zu geben. Der Vorstand wurde von 6 auf 7 Mitglieder erweitert, und Frau Kryger wurde in die Ausschüsse für Prüfung, Vergütung sowie Nominierung & Corporate Governance berufen, wobei bestätigt wurde, dass sie die Nasdaq-Unabhängigkeitsstandards erfüllt.

Frau Kryger ist Vizepräsidentin und Global Controller bei Clarios und hatte zuvor leitende internationale Finanzpositionen bei Johnson Controls (1998-2019) inne. Ihr Hintergrund bringt globale Fertigungs- und Prüfungsexpertise mit, die zu Weycos Schuhgeschäft passt.

Die Vergütung entspricht der der anderen nicht geschäftsführenden Direktoren: ein vierteljährliches Barhonorar plus Restricted Stock gemäß dem Incentive-Plan 2024. Die Einreichung stellt klar, dass keine Transaktionen mit verbundenen Parteien, Sondervereinbarungen oder familiären Beziehungen im Zusammenhang mit ihrer Ernennung bestehen. Finanzkennzahlen, Gewinnzahlen oder strategische Transaktionen wurden nicht offengelegt; der Punkt dient ausschließlich der Aktualisierung der Unternehmensführung.

0000106532false00001065322025-07-312025-07-31

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported):  July 31, 2025

WEYCO GROUP, INC.

(Exact name of registrant as specified in its charter)

Wisconsin

 

0-9068

 

39-0702200

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

333 W. Estabrook Blvd.

Glendale, WI

 

53212

(Address of principal executive offices)

 

(Zip Code)

Registrant’s telephone number, including area code: (414) 908-1600

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13a-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol

Name of each exchange on which registered

Common Stock - $1.00 par value per share

WEYS

The Nasdaq Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Election of Director

Effective July 31, 2025, the Board of Directors (“Board”) of Weyco Group, Inc. (the “Company”) appointed Ms. Becky Kryger to serve as an independent director on the Board, for a term expiring at the Company’s 2026 Annual Meeting of Shareholders. Ms. Kryger was also appointed to serve on the Board’s Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee. The Board affirmatively determined that Ms. Kryger is independent under Nasdaq listing standards. In connection with the appointment of Ms. Kryger, the Board increased the number of Company directors from 6 to 7 pursuant to the Company’s bylaws.  

Since 2019, Ms. Kryger has served as Vice President and Global Controller of Clarios, a global leader in advanced, low-voltage battery technologies for mobility, headquartered in Glendale, Wisconsin.  Prior to that, she served in various roles at Johnson Controls from 2002-2019, including Executive Director of Global Business Finance from 2017-2019, Finance Director of EMEA (based in Germany) from 2015-2017, and Finance Director of North America from 2013-2015. Prior to joining Johnson Controls, Ms. Kryger worked at Arthur Andersen from 1998-2002.  

Ms. Kryger will receive compensation for her Board service consistent with the compensation received by the Company’s other non-employee directors, which is summarized in the “Director Compensation” section of the Company’s 2025 Proxy Statement, filed with the Securities and Exchange Commission on April 4, 2025.  Pursuant to this arrangement, Ms. Kryger will receive a quarterly cash retainer and restricted stock awards under the Company’s 2024 Incentive Plan.

There is no arrangement or understanding under which Ms. Kryger was appointed as a director. There are no related party transactions involving Ms. Kryger that are reportable under Item 404(a) of Regulation S-K, and Ms. Kryger does not have any familial relationship with any director or executive officer of the Company.

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: July 31, 2025

WEYCO GROUP, INC.

 

 

 

/s/ Judy Anderson

 

Judy Anderson

 

Vice President, Chief Financial Officer and Secretary

FAQ

Who was appointed to Weyco Group's (WEYS) board of directors?

Ms. Becky Kryger, currently Vice President & Global Controller at Clarios.

What committees will Becky Kryger serve on at WEYS?

She joins the Audit, Compensation, and Nominating & Corporate Governance Committees.

How does the board size change for Weyco Group after the appointment?

The board expands from 6 to 7 directors pursuant to the bylaws.

Is Becky Kryger considered independent under Nasdaq rules?

Yes, the board affirmatively determined her independence.

Are there related-party transactions involving the new WEYS director?

No. The 8-K states no related-party transactions under Item 404(a) exist.
Weyco Group Inc

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281.52M
6.03M
36.27%
26.37%
0.78%
Footwear & Accessories
Wholesale-apparel, Piece Goods & Notions
United States
GLENDALE