Wolverine World Wide director gets 157.45 units; total 35,330.83
Wolverine World Wide (WWW) reported a director’s routine Form 4 transaction.
Rhea-AI Filing Summary
Wolverine World Wide (WWW) reported a director’s routine Form 4 transaction. On 11/03/2025, the director acquired 157.45 stock units as dividend equivalents under the Amended and Restated Outside Directors' Deferred Compensation Plan.
Each unit is convertible into one share of common stock, payable in a lump sum or installments after the director’s service ends or upon a change in control. Following this transaction, the director beneficially owned 35,330.83 derivative securities directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 157.45 shares
Grant/Award
1 txn
Insider
GERBER WILLIAM K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 157.45 | $22.34 | $4K |
Holdings After Transaction:
Stock Units — 35,330.83 contracts (Direct)
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.
FAQ
What did WWW disclose in this Form 4?
A director acquired 157.45 stock units on 11/03/2025 as dividend equivalents under the directors’ deferred compensation plan.
How many derivative securities does the WWW director now own?
Following the transaction, the director beneficially owned 35,330.83 derivative securities directly.
What do the WWW stock units represent?
They are stock units credited as dividend equivalents on amounts previously deferred, each exchangeable for one share of common stock.
Was this a market purchase or sale of WWW common stock?
No. It was an award of stock units (derivative securities) credited as dividend equivalents, not an open-market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.