Wolverine (WWW) Form 4: 20,350 RSUs vested, sales disclosed
Wolverine World Wide (WWW) reported an insider equity transaction by its Chief Human Resources Officer.
Rhea-AI Filing Summary
Wolverine World Wide (WWW) reported an insider equity transaction by its Chief Human Resources Officer. On 10/30/2025, 20,350 restricted stock units converted into common shares. To cover taxes, 8,822 shares were withheld at $23.05, leaving 11,528 shares directly held.
On 11/03/2025, the officer sold 11,528 shares at a weighted average price of $22.32 under a Rule 10b5-1 trading plan adopted on May 27, 2025, resulting in 0 shares held directly. The reporting person also has 35,989 shares held indirectly by the Austin Family Living Trust. The RSUs convert one-for-one into common stock and reflect a tranche from a grant originally awarded on October 30, 2023 that vests in three annual installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 11,528 | $22.32 | $257K |
| Exercise | Restricted Stock Units | 20,350 | $0.00 | $0.00 |
| Exercise | Common Stock | 20,350 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 8,822 | $23.05 | $203K |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. Restricted stock units convert into shares of Common Stock on a one-for-one basis.
- F2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 27, 2025.
- F3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $22.03 to $22.71. The reporting person undertakes to provide to Wolverine World Wide, Inc., any security holder of Wolverine World Wide, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
- F4. Shares held by the Austin Family Living Trust, of which the reporting person and her husband are the trustees.
- F5. On October 30, 2023, the reporting person was granted 61,051 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.
FAQ
What did WWW report in this Form 4?
Was the WWW sale under a Rule 10b5-1 plan?
What is the officer’s remaining ownership in WWW after the transactions?
What were the tax withholding details?
What role does the reporting person hold at WWW?
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