WWW Insider Notice: Proposed Sale of 12,854 Common Shares ($413K)
Rhea-AI Filing Summary
Form 144 filed for Wolverine World Wide, Inc. (WWW). The filer notifies a proposed sale of 12,854 common shares with an aggregate market value of $413,190.00 to be sold approximately on 08/27/2025 on the NYSE. The shares were acquired on 04/21/2016 through a stock option exercise from Wolverine World Wide, Inc. Payment is listed as cash. The filing reports 81,254,351 shares outstanding and indicates no securities sold in the past three months by the person for whose account the sale is proposed. The form includes the standard representation that the seller is not aware of undisclosed material adverse information.
Positive
- Regulatory compliance: Filing provides required Rule 144 disclosures meeting transparency obligations.
- No recent sales: The filer reports no securities sold in the past three months, suggesting this is not part of a rapid disposal pattern.
Negative
- None.
Insights
TL;DR: Routine insider notice for a modest sale; not likely material to valuation.
This Form 144 documents a proposed sale of 12,854 shares valued at $413,190, representing a negligible fraction of the issuer's 81.25 million shares outstanding (approximately 0.016%). The shares were acquired via option exercise in 2016 and payment will be cash. There are no reported sales by the same person in the prior three months, which limits immediate signaling of a pattern. As a disclosure filing under Rule 144, it fulfills compliance obligations but appears immaterial to the company’s capital structure or market supply.
TL;DR: Compliance-focused filing; provides transparency on insider liquidity but no governance red flags.
The filing supplies required details about the insider sale: acquisition method, acquisition date, proposed sale date, broker, and representation regarding undisclosed material information. There is no indication of accelerated or patterned insider disposals and no associated disclosures of trading plans in the form text. From a governance perspective, this is a standard disclosure that supports market transparency without revealing material concerns about management conduct or company disclosures.