Wolverine World Wide (WWW) credits director with new deferred stock units
Rhea-AI Filing Summary
BOROMISA JEFFREY M reported acquisition or exercise transactions in this Form 4 filing.
Wolverine World Wide director Jeffrey M. Boromisa received an award of 366.54 Stock Units tied to dividend equivalents on amounts previously deferred under the company’s Outside Directors' Deferred Compensation Plan. Each unit represents one share of common stock payable after his board service ends or upon a change in control, bringing his holdings to 72,832.06 stock units.
Positive
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BOROMISA JEFFREY M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units F1 | 366.54 | $19.77 | $7K |
Holdings After Transaction:
Stock Units — 72,832.06 shares (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.
Key Figures
Stock Units Awarded: 366.5400 units
Reference Price per Unit: $19.7700
Total Stock Units After Transaction: 72832.0600 units
+1 more
4 metrics
Stock Units Awarded
366.5400 units
Grant/award acquisition of stock units on 2026-08-03
Reference Price per Unit
$19.7700
Transaction price per Stock Unit for the award
Total Stock Units After Transaction
72832.0600 units
Director’s Stock Unit balance following the award
Underlying Common Shares
366.5400 shares
Shares of common stock issuable on a one-for-one basis for these units
Key Terms
Stock Units, dividend equivalents, Deferred Compensation Plan, change in control
4 terms
Stock Units financial
"Award of stock units representing dividend equivalents on amounts previously deferred"
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
dividend equivalents financial
"stock units representing dividend equivalents on amounts previously deferred"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Deferred Compensation Plan financial
"previously deferred under the Company's Amended and Restated Outside Directors' Deferred Compensation Plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
change in control financial
"after termination of service as a director or upon a change in control of the Issuer"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did WWW director Jeffrey M. Boromisa report?
Jeffrey M. Boromisa reported an acquisition of 366.54 Stock Units. These units are credited as dividend equivalents on amounts he previously deferred under Wolverine World Wide’s Outside Directors' Deferred Compensation Plan and will be settled in common stock at a later time.
How many stock units did Jeffrey M. Boromisa receive in the latest WWW Form 4?
He received 366.54 Stock Units. The units are valued using a reference price of $19.77 per unit and correspond on a one-for-one basis to Wolverine World Wide common shares that will be issued after his board service ends or upon a change in control.
What is Boromisa’s total stock unit holding in WWW after this transaction?
After this transaction, Boromisa holds a total of 72,832.06 Stock Units. These units represent deferred compensation that will be settled in Wolverine World Wide common stock in either a lump sum or installments after his service as a director ends or upon a change in control.
What do the stock units reported by WWW’s director represent?
The stock units represent dividend equivalents on amounts previously deferred under the Amended and Restated Outside Directors' Deferred Compensation Plan. Each unit is exchangeable for one share of common stock, delivered after board service terminates or if there is a change in control.
When will the stock underlying these WWW stock units be issued to Boromisa?
Shares of Wolverine World Wide common stock underlying these units will be issued after termination of service as a director or upon a change in control. Delivery can occur either in a lump sum or in installments, according to the plan’s terms.
Is Boromisa’s WWW Form 4 transaction a market purchase or sale?
The reported activity is a grant/award acquisition of Stock Units, not a market purchase or sale. It reflects dividend-equivalent credits under the company’s Outside Directors' Deferred Compensation Plan rather than open-market trading in Wolverine World Wide shares.