Weyco Group Enters Material Definitive Agreement
Ticker: WEYS · Form: 8-K · Filed: Oct 1, 2025 · CIK: 106532
| Field | Detail |
|---|---|
| Company | Weyco Group Inc (WEYS) |
| Form Type | 8-K |
| Filed Date | Oct 1, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.00, $40.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation, 8-k
TL;DR
Weyco Group just signed a big deal, filing an 8-K on 9/26/25.
AI Summary
Weyco Group, Inc. entered into a material definitive agreement on September 26, 2025, related to a direct financial obligation. The filing also includes financial statements and exhibits, with the report being filed on October 1, 2025.
Why It Matters
This filing indicates a significant financial commitment or obligation for Weyco Group, Inc., which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and financial obligations can introduce financial risks and operational changes for the company.
Key Players & Entities
- Weyco Group, Inc. (company) — Registrant
- September 26, 2025 (date) — Date of earliest event reported
- October 1, 2025 (date) — Filing date
FAQ
What type of material definitive agreement did Weyco Group, Inc. enter into?
The filing states that Weyco Group, Inc. entered into a material definitive agreement on September 26, 2025, which also constitutes the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement.
What is the accession number for this filing?
The accession number for this filing is 0001104659-25-095532.
When was the report filed with the SEC?
The report was filed with the SEC on October 1, 2025.
What is Weyco Group, Inc.'s state of incorporation and fiscal year end?
Weyco Group, Inc. is incorporated in Wisconsin and its fiscal year ends on December 31.
What are the key items reported in this 8-K filing?
The key items reported are Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, and Financial Statements and Exhibits.
Filing Stats: 621 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2025-10-01 14:39:47
Key Financial Figures
- $1.00 — ge on which registered Common Stock - $1.00 par value per share WEYS The Nasdaq
- $40.0 million — a maximum available borrowing limit of $40.0 million and amounts outstanding bear interest a
Filing Documents
- weys-20250926x8k.htm (8-K) — 35KB
- weys-20250926xex10d1.htm (EX-10.1) — 22KB
- 0001104659-25-095532.txt ( ) — 175KB
- weys-20250926.xsd (EX-101.SCH) — 3KB
- weys-20250926_def.xml (EX-101.DEF) — 3KB
- weys-20250926_lab.xml (EX-101.LAB) — 16KB
- weys-20250926_pre.xml (EX-101.PRE) — 11KB
- weys-20250926x8k_htm.xml (XML) — 5KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. The information set forth in Item 2.03 of this Current Report on Form 8-K is incorporated by reference in its entirety into this Item 1.01.
03 Creation of a Direct Financial Obligation
Item 2.03 Creation of a Direct Financial Obligation. On September 26, 2025, Weyco Group, Inc. (the "Company") entered into the Fifth Amendment to Credit Agreement ("Fifth Amendment") amending its revolving credit facility dated as of November 4, 2020, with Associated Bank, National Association (as amended to date, the "Amended Credit Agreement"). The Fifth Amendment extends the maturity of the revolving credit facility to September 25, 2026, and reduces the interest rate margin applicable to amounts outstanding by 15 basis points. There are no other amendments to the Amended Credit Agreement pursuant to the Fifth Amendment. Under the terms of the Amended Credit Agreement, there is a maximum available borrowing limit of $40.0 million and amounts outstanding bear interest at the one-month term secured overnight financing rate ("SOFR") plus 110 basis points. The Amended Credit Agreement is secured by a security interest in Company's general business assets, and contains customary representations, warranties, and covenants (including a minimum tangible net worth financial covenant) for a facility of this type. The foregoing description of the Fifth Amendment does not purport to be complete and is qualified in its entirety by reference to the Fifth Amendment to Credit Agreement dated September 26, 2025, which is filed as Exhibit 10.1 to this Form 8-K.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits 10.1 - Fifth Amendment to Credit Agreement, dated as of September 26, 2025 104 - Cover Page Interactive Data File (embedded within the Inline XBRL document) 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: October 1, 2025 WEYCO GROUP, INC. /s/ Judy Anderson Judy Anderson Vice President, Chief Financial Officer and Secretary