Wolverine World Wide Form 4 shows 97.7 stock units to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wolverine World Wide (WWW) reported a Form 4 for a director reflecting an automatic award of 97.7 stock units on 11/03/2025 (transaction code A). These stock units represent dividend equivalents on amounts previously deferred under the company’s Amended and Restated Outside Directors' Deferred Compensation Plan.
Each unit is issuable into one share of common stock, either in a lump sum or installments after the director’s service ends or upon a change in control. Following this transaction, the director beneficially owns 21,924 derivative securities. The filing lists a derivative security price of $22.34.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Long Nicholas T.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 97.7 | $22.34 | $2K |
Holdings After Transaction:
Stock Units — 21,924 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did WWW disclose in this Form 4?
An award of 97.7 stock units to a director on 11/03/2025 as dividend equivalents under the Outside Directors' Deferred Compensation Plan.
How many derivative securities does the director now hold at WWW?
The director beneficially owns 21,924 derivative securities following the reported transaction.
What do the WWW stock units convert into?
Each stock unit is issuable into one share of common stock.
What was the listed price for the derivative security?
The filing lists a derivative security price of $22.34.
What was the Form 4 transaction code?
The transaction was coded A, indicating an acquisition.