Director at Wolverine (NYSE: WWW) receives 3,118 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wolverine World Wide director Kathleen Wilson-Thompson acquired 3,118 shares of Common Stock through an RSU conversion. On May 6, 2026, 3,118 restricted stock units converted on a one-for-one basis into 3,118 common shares at a stated price of $0.00 per share.
The RSUs were originally granted on May 6, 2021, vested on the first anniversary of that date, and delivery of the underlying shares was deferred until May 6, 2026. Following this transaction, she directly holds 3,118 shares, with no sales or tax-withholding dispositions reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,118 shares exercised/converted
Mixed
2 txns
Insider
Wilson-Thompson Kathleen
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,118 | $0.00 | -- |
| Exercise | Common Stock | 3,118 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 3,118 shares (Direct, null)
Footnotes (1)
- Restricted stock units convert into shares of Common Stock on a one-for-one basis. On May 6, 2021, the Reporting Person was granted 3,118 restricted stock units, vesting on the first anniversary of the grant date. The Reporting Person elected to defer receipt of the underlying shares of Common Stock until May 6, 2026.
Key Figures
RSUs converted: 3,118 units
Common shares acquired: 3,118 shares
Exercise price: $0.00 per share
+3 more
6 metrics
RSUs converted
3,118 units
Restricted stock units converting into Common Stock on May 6, 2026
Common shares acquired
3,118 shares
Shares of Common Stock received from RSU conversion
Exercise price
$0.00 per share
Stated transaction price for RSU conversion into Common Stock
Shares held after transaction
3,118 shares
Total direct Common Stock holdings following the Form 4 transaction
RSU grant date
May 6, 2021
Original grant date of 3,118 restricted stock units
Deferred delivery date
May 6, 2026
Date elected for receipt of underlying Common Stock from RSUs
Key Terms
Restricted Stock Units, derivative security, Common Stock
3 terms
Restricted Stock Units financial
"On May 6, 2021, the Reporting Person was granted 3,118 restricted stock units, vesting on the first anniversary"
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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Common Stock financial
"Restricted stock units convert 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.
FAQ
What insider transaction did Kathleen Wilson-Thompson report at Wolverine (WWW)?
She exercised deferred restricted stock units to receive 3,118 shares of Common Stock. This was a derivative conversion at a stated price of $0.00 per share, with no shares sold or withheld for taxes in this filing.
What was the origin of the 3,118 restricted stock units reported for Wolverine (WWW)?
The 3,118 restricted stock units were granted on May 6, 2021, vesting on the first anniversary of that grant. Kathleen Wilson-Thompson elected to defer receipt of the underlying Wolverine Common Stock until May 6, 2026, when they converted into shares.
What does a zero exercise price mean for the Wolverine (WWW) RSU conversion?
The reported $0.00 exercise price reflects that restricted stock units convert into shares without additional cash payment. For Kathleen Wilson-Thompson, 3,118 RSUs converted one-for-one into 3,118 Wolverine Common shares under this compensation arrangement.