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Form 144: Wolverine World Wide insider sale of 53,079 shares valued $1.44M

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Wolverine World Wide, Inc. is the issuer named in this Form 144 notice reporting a proposed sale of common stock on the NYSE. The filer reports 53,079 shares to be sold through Merrill with an aggregate market value of $1,441,649 against 81,254,351 shares outstanding, and lists an approximate sale date of 08/08/2025. The securities scheduled for sale were acquired through multiple restricted stock vesting events recorded between 02/09/2022 and 08/02/2025, with individual vesting lots shown in the filing. The filing states there were no securities sold by the person in the past three months. Several recent vesting lots (for example, 14,652 shares on 10/30/2024 and 8,121 shares on 02/09/2025) are listed as sources of the shares to be sold.

Positive

  • Securities to be sold were acquired via restricted stock vesting, indicating they stem from compensation rather than new outside purchases
  • No securities sold in the past three months by the person for whose account the securities are to be sold

Negative

  • None.

Insights

TL;DR: Routine insider sale of vested restricted shares; size is immaterial relative to outstanding stock.

The Form 144 documents a proposed sale of 53,079 shares with an aggregate value of $1,441,649. These shares were acquired via multiple restricted stock vesting events between 2022 and 2025, indicating compensation-related origin rather than open-market purchases. At ~0.065% of the issuer's stated 81,254,351 outstanding shares, the lot size is small and unlikely to be material to valuation or control. The filing also reports no sales in the past three months by the reporting person.

TL;DR: Disclosure aligns with Rule 144 requirements; transaction appears procedural following vesting.

The notice details the nature of acquisition as restricted stock vest across multiple dates and includes broker information (Merrill). The filing contains the required representation regarding material nonpublic information. No unusual aggregations or past three-month sales are reported. From a governance perspective, this reads as a routine compliance filing related to employee or executive compensation vesting and subsequent planned sale.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the Form 144 for Wolverine World Wide (WWW) report?

The filing reports a proposed sale of 53,079 common shares with an aggregate market value of $1,441,649 on the NYSE with an approximate sale date of 08/08/2025.

Where did the shares being sold come from for WWW?

The shares were acquired through multiple restricted stock vesting events listed in the filing between 02/09/2022 and 08/02/2025.

Who is the broker handling the proposed sale in the filing?

The filing lists the broker as Merrill (address shown in the notice).

Has the reporting person sold Wolverine World Wide stock in the past three months?

The filing states Nothing to Report for securities sold during the past three months.

How large is the proposed sale relative to shares outstanding for WWW?

The proposed sale of 53,079 shares is against 81,254,351 outstanding shares, a small fraction of total shares outstanding as reported in the form.
Wolverine World

NYSE:WWW

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WWW Stock Data

1.49B
80.43M
1.91%
110.58%
10.16%
Footwear & Accessories
Footwear, (no Rubber)
Link
United States
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