Wolverine World Wide director sells 25,000 shares
Rhea-AI Filing Summary
Wolverine World Wide Inc (WWW) director Jeffrey M. Boromisa reported that on September 1, 2026, JELCO Investment Co LLC, an entity associated with him, sold 25,000 shares of common stock in open-market or private transactions at a weighted average price of $19.58 per share, with prices ranging from $19.26 to $20.10. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Boromisa on March 11, 2026.
Following these transactions, JELCO Investment Co LLC held 110,400 shares of Wolverine World Wide common stock indirectly attributed to Boromisa. Separately, he held 5,314 shares directly and 1,781 shares indirectly through The Jeffrey M Boromisa Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 25,000 shares
Net Sell
3 txns
Insider
BOROMISA JEFFREY M
Role
Director
Sold
25,000 shs ($489K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 25,000 | $19.58 | $489K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 110,400 shares (Indirect, By LLC);
Common Stock — 5,314 shares (Direct);
Common Stock — 1,781 shares (Indirect, By Trust)
Footnotes (4)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 11, 2026.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.26 to $20.10. The reporting person undertakes to provide Wolverine World Wide, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
- F3. Held by JELCO Investment Co LLC.
- F4. Held by The Jeffrey M Boromisa Family Trust.
Key Figures
Shares sold: 25,000 shares
Weighted average sale price: $19.58 per share
Sale price range: $19.26–$20.10 per share
+4 more
7 metrics
Shares sold
25,000 shares
Common stock sold on September 1, 2026 by JELCO Investment Co LLC
Weighted average sale price
$19.58 per share
Average price for 25,000 shares sold on September 1, 2026
Sale price range
$19.26–$20.10 per share
Price range for the multiple transactions comprising the 25,000-share sale
Indirect holdings via JELCO Investment Co LLC
110,400 shares
Common stock indirectly owned after the September 1, 2026 sale
Direct holdings after transaction
5,314 shares
Common stock directly owned by Jeffrey M. Boromisa after reported transactions
Indirect holdings via family trust
1,781 shares
Common stock indirectly owned through The Jeffrey M Boromisa Family Trust after transactions
Rule 10b5-1 trading plan adoption date
March 11, 2026
Plan under which the September 1, 2026 sales were effected
Key Terms
Rule 10b5-1 trading plan, weighted average price, indirect ownership, family trust
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported ... were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect ownership financial
"Held by JELCO Investment Co LLC"
family trust financial
"Held by The Jeffrey M Boromisa Family Trust"
FAQ
What insider transaction did Wolverine World Wide (WWW) disclose for Jeffrey M. Boromisa?
Wolverine World Wide disclosed that director Jeffrey M. Boromisa, through JELCO Investment Co LLC, sold 25,000 shares of common stock on September 1, 2026, in open-market or private transactions at a weighted average price of $19.58 per share.
Was the WWW insider sale by Jeffrey M. Boromisa under a Rule 10b5-1 trading plan?
Yes. The sales of Wolverine World Wide (WWW) shares reported for September 1, 2026, were effected under a Rule 10b5-1 trading plan adopted by Jeffrey M. Boromisa on March 11, 2026.
What are Jeffrey M. Boromisa’s direct and trust holdings of WWW stock after the reported transactions?
Following the reported transactions, Jeffrey M. Boromisa held 5,314 shares directly and 1,781 shares indirectly through The Jeffrey M Boromisa Family Trust of Wolverine World Wide (WWW) common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.