Wolverine World Wide (NYSE: WWW) CEO updates stake to 309,597 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wolverine World Wide President and CEO Christopher Hufnagel reported multiple equity transactions over three days in February 2026. He exercised restricted stock units that converted one-for-one into Common Stock, receiving 84,054 shares on February 7, 5,751 shares on February 8, and 2,221 shares on February 9.
On each date, a portion of the newly issued shares was withheld at prices of $18.59 and $18.20 per share in code "F" transactions, typically used for tax withholding. After these transactions, he directly owned 309,597 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
92,026 shares exercised/converted
Mixed
9 txns
Insider
Hufnagel Christopher
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,221 | $0.00 | -- |
| Exercise | Common Stock | 2,221 | $0.00 | -- |
| Tax Withholding | Common Stock | 969 | $18.20 | $18K |
| Exercise | Restricted Stock Units | 5,751 | $0.00 | -- |
| Exercise | Common Stock | 5,751 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,508 | $18.59 | $47K |
| Exercise | Restricted Stock Units | 84,054 | $0.00 | -- |
| Exercise | Common Stock | 84,054 | $0.00 | -- |
| Tax Withholding | Common Stock | 36,648 | $18.59 | $681K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 310,566 shares (Direct)
Footnotes (1)
- Restricted stock units convert into shares of Common Stock on a one-for-one basis. On February 7, 2024, the Reporting Person was granted 252,164 restricted stock units, vesting as follows, subject to the Reporting Person's continued employment: one-third on each of the first, second, and third year anniversaries of the grant date. On February 8, 2023, the Reporting Person was granted 17,253 restricted stock units, vesting as follows, subject to the Reporting Person's continued employment: one-third on each of the first, second, and third year anniversaries of the grant date. On February 9, 2022, the Reporting Person was granted 7,402 restricted stock units, vesting as follows, subject to the Reporting Person's continued employment: 20%, 20%, 30% and 30% on each of the first, second, third and fourth year anniversaries of the grant date, respectively.
FAQ
What did WWW CEO Christopher Hufnagel report in this Form 4?
Christopher Hufnagel reported exercising restricted stock units into Common Stock over three days in February 2026. Shares were issued in code "M" transactions, with part of those shares then withheld in code "F" transactions, and his direct holdings updated accordingly.
What RSU exercises did the WWW CEO complete in February 2026?
He exercised restricted stock units that converted one-for-one into Common Stock: 84,054 shares on February 7, 5,751 shares on February 8, and 2,221 shares on February 9, 2026, reflecting scheduled vesting from prior RSU grants.
What prior RSU grants are linked to these Wolverine World Wide transactions?
The RSU conversions relate to earlier grants: 252,164 RSUs granted on February 7, 2024; 17,253 RSUs granted on February 8, 2023; and 7,402 RSUs granted on February 9, 2022, each vesting over multiple anniversaries of the grant date.
Do the RSUs for the WWW CEO convert into Common Stock one-for-one?
Yes. The filing explains that each restricted stock unit converts into one share of Wolverine World Wide Common Stock. This one-for-one conversion applies to the RSU exercises reported on February 7, 8, and 9, 2026 for Christopher Hufnagel.