Wolverine World Wide (NYSE: WWW) CFO settles RSUs with share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wolverine World Wide Chief Financial Officer Taryn L. Miller reported routine equity compensation transactions involving restricted stock units and related tax withholding. On May 10, 2026, she exercised RSU awards into common stock and had shares withheld at $16.70 per share to cover tax obligations, with no open‑market purchases or sales disclosed.
Positive
- None.
Negative
- None.
Insider Trade Summary
13,343 shares exercised/converted
Mixed
6 txns
Insider
Miller Taryn L
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,930 | $0.00 | -- |
| Exercise | Restricted Stock Units | 7,413 | $0.00 | -- |
| Exercise | Common Stock | 5,930 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,571 | $16.70 | $43K |
| Exercise | Common Stock | 7,413 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,214 | $16.70 | $54K |
Holdings After Transaction:
Restricted Stock Units — 5,930 shares (Direct, null);
Common Stock — 45,770 shares (Direct, null)
Footnotes (1)
- Restricted stock units convert into shares of Common Stock on a one-for-one basis. On May 10, 2024, the Reporting Person was granted 17,791 restricted stock units, vesting 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. On May 10, 2024, the Reporting Person was granted 14,826 restricted stock units, vesting as follows, subject to the Reporting Person's continued employment; 50% on each of the first and second year anniversaries of the grant date.
Key Figures
RSUs exercised: 13,343 units
Shares withheld for taxes: 5,785 shares
Withholding price: $16.70 per share
+2 more
5 metrics
RSUs exercised
13,343 units
Total derivative exercises reported (M code)
Shares withheld for taxes
5,785 shares
Tax-withholding dispositions (F code)
Withholding price
$16.70 per share
Price used for tax-withholding share dispositions
RSU grant size 1
17,791 units
RSUs granted on May 10, 2024, vesting over three years
RSU grant size 2
14,826 units
RSUs granted on May 10, 2024, vesting over two years
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion
3 terms
Restricted Stock Units financial
"The filing lists transactions in "Restricted Stock Units" that convert into common stock on a one-for-one basis."
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.
tax-withholding disposition financial
"F-code entries are described as a "tax-withholding disposition" used to pay tax liability by delivering securities."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"M-code transactions are labeled as "derivative exercise/conversion" of RSUs into common stock."
FAQ
What did Wolverine World Wide (WWW) CFO Taryn Miller report in this Form 4?
Taryn Miller reported routine equity compensation activity. She exercised restricted stock units into common stock and had some shares withheld to satisfy tax obligations, with no open‑market buying or selling disclosed in the transactions.
How many restricted stock units did the Wolverine (WWW) CFO exercise?
The transactions show exercises covering a total of 13,343 restricted stock units. These RSUs converted into an equal number of common shares, reflecting previously granted equity awards vesting rather than new open‑market purchases of Wolverine stock.
Were there any open-market stock purchases or sales by the Wolverine (WWW) CFO?
No open-market trades are shown. The filing lists M-code derivative exercises of restricted stock units and F-code tax-withholding dispositions only, indicating compensation-related equity settlement rather than discretionary market buying or selling of Wolverine common stock.
What do the RSU grants mentioned in the Wolverine (WWW) Form 4 footnotes represent?
Footnotes describe RSU grants of 17,791 and 14,826 units awarded on May 10, 2024. These units vest over two or three years, subject to continued employment, and convert into common stock on a one-for-one basis as they vest.
Does this Wolverine (WWW) insider filing indicate a change in the CFO’s ownership stake?
The filing reflects compensation-related exercises and tax withholding, not strategic trading. While share counts change mechanically, the activity mainly converts existing RSU awards into stock and settles taxes, rather than signaling a directional view on Wolverine’s shares.