Director at Wolverine World Wide (NYSE: WWW) awarded 9,113 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wolverine World Wide director Stacia J.P. Andersen received a grant of 9,113 Restricted Stock Units. Each unit converts into one share of Common Stock. The units vest on May 7, 2027, and she has elected to defer receipt of the underlying shares until May 7, 2031. Following this award, she holds 9,113 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Andersen Stacia J.P.
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; however, the Reporting Person has elected to defer receipt of the shares until May 7, 2031.
Key Figures
RSUs granted: 9,113 Restricted Stock Units
Post-transaction RSU holdings: 9,113 RSUs
Conversion ratio: 1 RSU : 1 Common Share
+2 more
5 metrics
RSUs granted
9,113 Restricted Stock Units
Grant on May 7, 2026
Post-transaction RSU holdings
9,113 RSUs
Total derivative holdings after grant
Conversion ratio
1 RSU : 1 Common Share
RSUs convert into Common Stock on a one-for-one basis
Vesting date
May 7, 2027
RSUs vest on this date
Deferral settlement date
May 7, 2031
Director elected to defer share delivery until this date
Key Terms
Restricted Stock Units, Common Stock, one-for-one basis, vest
4 terms
Restricted Stock Units financial
"The Restricted Stock Units vest on May 7, 2027; however, the Reporting Person has elected to defer receipt of the shares until May 7, 2031."
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.
Common Stock financial
"Converts into shares of Common Stock on a one-for-one basis."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
one-for-one basis financial
"Converts into shares of Common Stock on a one-for-one basis."
vest financial
"The Restricted Stock Units vest on May 7, 2027; however, the Reporting Person has elected to defer receipt of the shares until May 7, 2031."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did WWW director Stacia Andersen report?
Stacia J.P. Andersen reported receiving a grant of 9,113 Restricted Stock Units. These units are a form of equity compensation that convert into Common Stock on a one-for-one basis after vesting and any elected deferral period.
How many Restricted Stock Units were granted to the WWW director?
She was granted 9,113 Restricted Stock Units. This entire amount remains outstanding following the transaction, giving her a direct derivative interest in up to 9,113 shares of Wolverine World Wide Common Stock after vesting and settlement.
When do Stacia Andersen’s WWW Restricted Stock Units vest?
The Restricted Stock Units vest on May 7, 2027. Vesting means she will earn the right to receive the underlying shares at that time, subject to her continued service and any applicable plan conditions described in the grant.
What does one-for-one conversion mean for WWW RSUs?
One-for-one conversion means each Restricted Stock Unit will be settled in one share of Common Stock. For this grant, 9,113 RSUs can translate into 9,113 shares once they vest and are ultimately settled according to the director’s deferral election.