Wolverine World Wide director awarded 277.92 stock units at $22.34
Wolverine World Wide (WWW) disclosed a director’s Form 4 showing an acquisition of derivative securities tied to its deferred compensation plan.
Rhea-AI Filing Summary
Wolverine World Wide (WWW) disclosed a director’s Form 4 showing an acquisition of derivative securities tied to its deferred compensation plan. On 11/03/2025, the reporting person acquired 277.92 stock units (Transaction Code: A) as dividend equivalents on amounts previously deferred.
The filing lists a reference price of $22.34 and shows 62,364.56 derivative securities beneficially owned following the transaction. Under the plan, shares of common stock are issuable on a one-for-one basis either in a lump sum or installments after termination of service as a director or upon a change in control.
Positive
- None.
Negative
- None.
Insights
Routine director deferred-comp accrual; neutral impact.
This Form 4 records 277.92 stock units credited as dividend equivalents on deferred fees as of 11/03/2025. These are bookkeeping entries under a standard outside directors’ deferred compensation plan, not open-market purchases or sales.
The filing cites a reference price of $22.34 and shows 62,364.56 derivative securities beneficially owned post-transaction. Units convert into common stock on a one-for-one basis after director service ends or upon a change in control. Actual market flow depends on future conversion events.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 277.92 | $22.34 | $6K |
Footnotes (1)
- F1. Award of stock units representing dividend equivalents on amounts previously deferred under the Company's Amended and Restated Outside Directors' Deferred Compensation Plan. Shares of Common Stock are issuable on a one-for-one basis in either a lump sum or installments after termination of service as a director or upon a change in control of the Issuer.
FAQ
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