Wolverine World Wide (NYSE: WWW) director adds deferred stock units tied to shares
Rhea-AI Filing Summary
GERBER WILLIAM K reported acquisition or exercise transactions in this Form 4 filing.
Wolverine World Wide director William K. Gerber received an award of 180.73 stock units on August 3, 2026, representing dividend equivalents on previously deferred compensation under the Outside Directors' Deferred Compensation Plan. Each unit corresponds to one share of common stock, issuable after his board service ends or upon a change in control, bringing his stock-unit holdings to 35,910.78.
Positive
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GERBER WILLIAM K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units F1 | 180.73 | $19.77 | $4K |
Holdings After Transaction:
Stock Units — 35,910.78 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: 180.7300 stock units
Award value per unit: $19.7700 per unit
Total stock units after award: 35910.7800 stock units
+1 more
4 metrics
Stock units awarded
180.7300 stock units
Grant of stock units on 2026-08-03 as dividend equivalents
Award value per unit
$19.7700 per unit
Reference price used for the 180.7300 stock unit award
Total stock units after award
35910.7800 stock units
Director’s aggregate stock-unit holdings following the reported transaction
Underlying common shares
180.7300 shares
Each stock unit is issuable into one share of common stock
Key Terms
Stock Units, dividend equivalents, Deferred Compensation Plan, change in control, +1 more
5 terms
Stock Units financial
"Award of stock units representing dividend equivalents"
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
"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
"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.
Common Stock financial
"Shares of Common Stock are issuable 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Wolverine World Wide (WWW) report for William K. Gerber?
Wolverine World Wide reported that director William K. Gerber received 180.73 stock units on August 3, 2026. These units represent dividend equivalents on previously deferred compensation and increase his total stock-unit balance to 35,910.78 units tied to common stock.
How many Wolverine World Wide (WWW) stock units does William K. Gerber hold after this award?
After the latest award, William K. Gerber holds 35,910.78 stock units at Wolverine World Wide. These units are part of the Outside Directors' Deferred Compensation Plan and are linked one-for-one to common shares to be delivered in the future.
What was the size and value basis of the stock unit award reported by WWW?
The award to William K. Gerber consisted of 180.73 stock units valued at $19.77 per unit. The units were credited as dividend equivalents on previously deferred compensation, rather than as a cash dividend payment, under the company’s director plan.
What plan governs the stock units awarded to William K. Gerber at Wolverine World Wide (WWW)?
The stock units are issued under the company’s Amended and Restated Outside Directors' Deferred Compensation Plan. They represent dividend equivalents on amounts previously deferred, with future settlement in common stock rather than immediate cash payouts.