Form 144: WWW insider plans to sell 12,854 shares valued at $409,307

Rhea-AI Filing Summary

Wolverine World Wide (WWW) Form 144 shows a proposed sale of 12,854 common shares, acquired by the seller on 04/21/2016 via a stock option exercise. The filing lists an aggregate market value of $409,307.00 for the shares and reports 81,254,351 shares outstanding. The sale is expected to occur on or about 08/28/2025 through broker Merrill (Columbus, OH) and payment is anticipated in cash. The filer certifies they are not aware of any undisclosed material adverse information about the issuer and states no securities were sold in the past three months.

Insights

Financial Analyst

TL;DR: Routine insider sale of a small block of shares; immaterial to company market cap but worth noting for transparency.

The Form 144 indicates a planned sale of 12,854 shares valued at approximately $409k. Relative to the issuer's reported outstanding shares (81.25 million), this amount is immaterial and unlikely to affect valuation or liquidity. The shares were acquired by stock option exercise in 2016 and will be sold through a brokerage on the indicated date for cash, consistent with typical insider liquidity events. No other recent sales were reported. This filing provides transparency about insider selling but contains no new operational or financial information about the company.

Corporate Governance Expert

TL;DR: Disclosure aligns with regulatory requirements; the representation of no undisclosed material information is standard and important for compliance.

The notice fulfills Rule 144 procedural requirements by stating acquisition details, intended broker, sale amount, and the seller's certification regarding material non-public information. The absence of sales in the past three months simplifies aggregation considerations. From a governance perspective, filing Form 144 and attesting to no known undisclosed adverse information are routine compliance practices that maintain market transparency. There is no indication of unusual timing or size that would raise governance concerns.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
common	Merrill 8890 Lyra Dr 5Th Flr Columbus OH 43240	12854	409307.00	81254351	08/28/2025	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	04/21/2016	stock option exercise	Wolverine World Wide, Inc			12854	08/28/2025	cash

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Wolverine World Wide's (WWW) Form 144 report?

The Form 144 reports a proposed sale of 12,854 common shares valued at $409,307, expected to be sold on or about 08/28/2025 through Merrill.

When and how were the shares being sold acquired?

The shares were acquired on 04/21/2016 via a stock option exercise from Wolverine World Wide, Inc.

How many shares of WWW are outstanding according to the filing?

The filing states there are 81,254,351 shares outstanding.

Did the filer sell any Wolverine World Wide securities in the past three months?

No. The filing reports "Nothing to Report" for securities sold during the past three months.

Who is the broker handling the proposed sale?

The broker listed is Merrill at the Columbus, OH address provided in the filing.