WWW Form 144 Notice: Insider Plans $1.03M Sale of 32,294 Shares
Rhea-AI Filing Summary
Wolverine World Wide, Inc. (WWW) Form 144 notice reports a proposed sale of 32,294 shares of Common stock through Merrill at an approximate aggregate market value of $1,030,341. The shares were acquired by the seller on 02/10/2016 through a stock option exercise from Wolverine World Wide, Inc., and the proposed sale date is 08/28/2025 on the NYSE. Payment for the sale is indicated as cash. The filer certifies they are not aware of undisclosed material adverse information about the issuer.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine Form 144 filing: an insider plans a scheduled sale of previously exercised option shares with modest market value.
The filing documents a notice of proposed sale under Rule 144 for 32,294 common shares valued at approximately $1.03 million to be executed via Merrill on 08/28/2025. The securities were acquired from the company by stock option exercise on 02/10/2016 and no prior sales in the past three months are reported. This appears procedural and does not, by itself, indicate new company-specific developments or material events affecting valuation.
TL;DR: Filing is a standard insider disposition notice under Rule 144 with required attestation about material nonpublic information.
The filer provides required purchase and sale details and the statutory attestation that they know of no undisclosed material adverse information. The presence of a Form 144 indicates compliance with resale rules; absent additional context such as timing tied to a trading plan or unusual concentration of insider selling, this document is a routine disclosure rather than a governance concern.