Wolverine World Wide (WWW) director awarded 9,113 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wolverine World Wide director William K. Gerber received a grant of 9,113 Restricted Stock Units (RSUs). These RSUs were awarded at no cash cost per unit and each unit converts into one share of common stock.
The RSUs vest on May 7, 2027, meaning Gerber will receive the underlying common shares only if the vesting conditions are satisfied. Following this grant, his reported RSU holdings from this award total 9,113 units, reflecting a routine equity-based compensation grant rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GERBER WILLIAM K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 9,113 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 9,113 shares (Direct, null)
Footnotes (1)
- Converts into shares of Common Stock on a one-for-one basis. The Restricted Stock Units vest on May 7, 2027.
Key Figures
RSUs granted: 9,113 units
Transaction price per RSU: $0.0000
RSUs after transaction: 9,113 units
+2 more
5 metrics
RSUs granted
9,113 units
Restricted Stock Units awarded to director William K. Gerber
Transaction price per RSU
$0.0000
Equity compensation grant with no cash purchase price
RSUs after transaction
9,113 units
Total derivative securities held directly after grant
Vesting date
May 7, 2027
RSUs vest and convert into common stock on this date
Conversion ratio
1 RSU : 1 share
Each RSU converts into one share of common stock
Key Terms
Restricted Stock Units, one-for-one basis, vesting, equity-based compensation
4 terms
Restricted Stock Units financial
"Wolverine World Wide director William K. Gerber received a grant of 9,113 Restricted Stock Units (RSUs)."
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.
one-for-one basis financial
"Each unit converts into one share of common stock on a one-for-one basis."
vesting financial
"The RSUs vest on May 7, 2027, meaning Gerber will receive the underlying common shares only if the vesting conditions are satisfied."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
equity-based compensation financial
"reflecting a routine equity-based compensation grant rather than an open-market stock purchase or sale."
Equity-based compensation is pay given to employees or contractors in the form of company ownership—such as stock, stock options, or restricted shares—instead of or in addition to cash. It matters to investors because it aligns workers’ interests with shareholders (like giving employees a slice of the company pie), but can also dilute existing owners and appears as a real cost on financial statements, affecting earnings and share value.
FAQ
What insider transaction did Wolverine World Wide (WWW) report for William K. Gerber?
Wolverine World Wide reported that director William K. Gerber received 9,113 Restricted Stock Units. This is a stock-based compensation grant, not an open-market stock purchase or sale, and reflects additional equity incentive tied to the company’s future performance and service.
How many Restricted Stock Units did William K. Gerber receive from Wolverine World Wide (WWW)?
William K. Gerber received 9,113 Restricted Stock Units from Wolverine World Wide. Each unit represents a right to receive one share of common stock in the future, subject to vesting conditions described in the grant terms and noted in the Form 4 filing.
When do William K. Gerber’s Wolverine World Wide (WWW) RSUs vest?
Gerber’s Restricted Stock Units vest on May 7, 2027. Vesting means the units convert into common shares only at that time, assuming any applicable service or other conditions specified in the award agreement are satisfied according to the plan.
What is the conversion ratio for William K. Gerber’s RSUs at Wolverine World Wide (WWW)?
Each of William K. Gerber’s Restricted Stock Units converts into one share of Wolverine World Wide common stock. The Form 4 footnote states that the RSUs convert into shares of common stock on a one-for-one basis, simplifying the relationship between units and shares.
Did William K. Gerber pay a purchase price for his Wolverine World Wide (WWW) RSU grant?
No cash purchase price was reported for the RSU grant; the transaction price per unit is shown as 0.0000. This indicates the award was granted as equity compensation rather than acquired through an open-market transaction involving payment by the director.
How many Wolverine World Wide (WWW) RSUs does William K. Gerber hold after this grant?
Following the reported grant, Gerber holds 9,113 Restricted Stock Units from this award. The Form 4 shows total derivative securities following the transaction equal to 9,113 units, all held directly, subject to vesting on May 7, 2027 as disclosed.