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  4. [Form 4] WOLVERINE WORLD WIDE INC /DE/ Insider Trading Activity

Wolverine (NYSE: WWW) CLO nets RSU shares after tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Wolverine World Wide Chief Legal Officer David A. Latchana reported compensation-related share activity tied to restricted stock units. He exercised 2,609 restricted stock units, which converted into the same number of common shares on a one-for-one basis. To cover tax obligations, 949 common shares were withheld at $16.91 per share, which is a tax-withholding disposition rather than an open-market sale.

After these transactions, Latchana directly holds 29,731 shares of common stock and 2,610 restricted stock units. A prior grant of 7,829 restricted stock units on April 29, 2024 vests in three equal annual installments, subject to continued employment.

Positive

  • None.

Negative

  • None.
Insider Latchana David A
Role Chief Legal Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 2,609 $0.00 --
Exercise Common Stock 2,609 $0.00 --
Tax Withholding Common Stock 949 $16.91 $16K
Holdings After Transaction: Restricted Stock Units — 2,610 shares (Direct, null); Common Stock — 30,680 shares (Direct, null)
Footnotes (1)
  1. Restricted stock units convert into shares of Common Stock on a one-for-one basis. On April 29, 2024, the Reporting Person was granted 7,829 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.
RSUs exercised 2,609 units Restricted stock units converted into common stock on April 29, 2026
Shares withheld for taxes 949 shares at $16.91 Tax-withholding disposition of common stock
Common shares held after transactions 29,731 shares Direct ownership following April 29, 2026 transactions
RSUs held after transactions 2,610 units Remaining restricted stock units after 2,609-unit conversion
Prior RSU grant 7,829 units Grant dated April 29, 2024, vesting over three years
Restricted stock units financial
"Restricted stock units convert into shares of Common Stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Latchana David A
(Last)(First)(Middle)
C/O 9341 COURTLAND DRIVE NE
(Street)
ROCKFORD MICHIGAN 49351
(City)(State)(Zip)
UNITED STATES
(Country)		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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock04/29/2026M2,609A(1)30,680D
Common Stock04/29/2026F949D$16.9129,731D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)04/29/2026M2,609 (2) (2)Common Stock2,609$02,610D
Explanation of Responses:
1. Restricted stock units convert into shares of Common Stock on a one-for-one basis.
2. On April 29, 2024, the Reporting Person was granted 7,829 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.
Remarks:
/s/ David Latchana05/01/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Wolverine (WWW) report for David A. Latchana?

Wolverine’s Chief Legal Officer David A. Latchana exercised 2,609 restricted stock units into common shares. In the same event, 949 common shares were withheld to satisfy tax obligations, a non-market disposition used to pay taxes on the vested equity award.

Were David A. Latchana’s Wolverine (WWW) transactions open-market buys or sells?

The filing shows no open-market buying or selling. Instead, Latchana exercised 2,609 restricted stock units and had 949 shares withheld for taxes. Tax-withholding dispositions are administrative and do not represent discretionary purchases or sales in the open market.

How many Wolverine (WWW) shares does David A. Latchana hold after these transactions?

Following the reported transactions, Latchana directly holds 29,731 shares of Wolverine common stock. He also holds 2,610 restricted stock units, which can convert into the same number of common shares on a one-for-one basis under the company’s equity compensation arrangements.

What is the significance of the 949 Wolverine (WWW) shares at $16.91 in the filing?

The 949 shares at $16.91 reflect stock withheld to cover tax liabilities on vested equity awards. This tax-withholding disposition uses shares instead of cash to pay taxes, and is treated differently from voluntary open-market sales by the insider.

What are the vesting terms of David A. Latchana’s 7,829 Wolverine (WWW) restricted stock units?

The filing notes a grant of 7,829 restricted stock units to Latchana on April 29, 2024. These units vest in three equal installments on each of the first, second, and third anniversaries of the grant date, subject to his continued employment with the company.