Wolverine World Wide (NYSE: WWW) CEO receives major RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wolverine World Wide President and CEO Christopher Hufnagel reported new equity awards and a related tax share withholding. On February 11, 2026, he received 101,011 restricted stock units (RSUs), each convertible into one share of common stock, and 33,898 shares of common stock at a price of $0 per share as part of an award. On the same date, 14,780 common shares were disposed of at $17.82 per share to cover tax obligations. After these transactions, he directly owned 328,715 shares of common stock and 101,011 RSUs. The RSUs vest in three equal installments on each of the first, second, and third anniversaries of the grant date, contingent on his continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Hufnagel Christopher
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 101,011 | $0.00 | -- |
| Grant/Award | Common Stock | 33,898 | $0.00 | -- |
| Tax Withholding | Common Stock | 14,780 | $17.82 | $263K |
Holdings After Transaction:
Restricted Stock Units — 101,011 shares (Direct);
Common Stock — 343,495 shares (Direct)
Footnotes (1)
- Restricted stock units convert into shares of Common Stock on a one-for-one basis. The restricted stock units vest 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.
FAQ
What equity awards did Wolverine (WWW) CEO Christopher Hufnagel receive?
Christopher Hufnagel received 101,011 restricted stock units and 33,898 shares of common stock as an award. The RSUs convert one-for-one into common shares and vest over three years, subject to his continued employment with Wolverine World Wide.
How do the new RSUs for Wolverine (WWW) CEO vest over time?
The 101,011 restricted stock units vest in three equal installments over three years. One-third vests on each of the first, second, and third anniversaries of the February 11, 2026 grant date, assuming Christopher Hufnagel remains employed by Wolverine World Wide.
What is the significance of transaction codes A and F in this Wolverine (WWW) filing?
Code A indicates a grant or other acquisition of securities, covering the RSUs and common shares awarded to the CEO. Code F indicates shares disposed of to pay taxes or exercise costs, here reflecting 14,780 shares used to satisfy tax obligations on the award.