Wolverine director granted 415.75 stock units
BOROMISA JEFFREY M reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
BOROMISA JEFFREY M reported acquisition or exercise transactions in this Form 4 filing.
Wolverine World Wide director Jeffrey M. Boromisa received an automatic award of 415.75 stock units tied to dividend equivalents on amounts he previously deferred under the company’s Outside Directors' Deferred Compensation Plan. Each stock unit corresponds to one share of common stock, deliverable in a lump sum or installments after his board service ends or upon a change in control. Following this grant, he directly holds 72,465.52 stock units linked to Wolverine common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 415.75 | $17.33 | $7K |
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.
Key Figures
Key Terms
Stock Units financial
dividend equivalents financial
Outside Directors' Deferred Compensation Plan financial
change in control financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Wolverine World Wide (WWW) director Jeffrey Boromisa report on this Form 4?
Is the Wolverine World Wide (WWW) Form 4 transaction a market buy or sell?
How many Wolverine World Wide stock units does Jeffrey Boromisa hold after this award?
When will Jeffrey Boromisa receive Wolverine World Wide common stock for these stock units?
What are dividend equivalent stock units in Wolverine World Wide’s deferred compensation plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.