WWW Form 4: Director accrues 277.92 stock units via dividend equivalents

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.

Insights

Equity compensation analyst

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LAUDERBACK BRENDA J

(Last) (First) (Middle)

C/O 9341 COURTLAND DRIVE NE

(Street)

ROCKFORD MI 49351

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
WOLVERINE WORLD WIDE INC /DE/ [ WWW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/03/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Units	(1)	11/03/2025		A		277.92		(1)	(1)	Common Stock	277.92	$22.34	62,364.56	D

Explanation of Responses:

1. 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.

Remarks:

	/s/ David Latchana by Power of Attorney	11/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did WWW’s Form 4 report for the director?

An acquisition of 277.92 stock units as dividend equivalents on deferred amounts on 11/03/2025.

What price was referenced in the WWW Form 4 entry?

The filing shows a reference price of $22.34.

How many derivative securities are held after the transaction for WWW?

The director beneficially owned 62,364.56 derivative securities following the transaction.

What is the nature of these WWW stock units?

They are dividend equivalents credited under the Outside Directors’ Deferred Compensation Plan.

When can the WWW stock units convert into common stock?

Shares are issuable on a one-for-one basis after termination of service as a director or upon a change in control.

Was this an open-market trade for WWW shares?

No. The transaction (Code A) reflects a plan-based accrual of stock units, not an open-market purchase or sale.