Wolverine World Wide (NYSE: WWW) grants director 112.1500 stock units
Rhea-AI Filing Summary
Long Nicholas T. reported acquisition or exercise transactions in this Form 4 filing.
Wolverine World Wide director Nicholas T. Long received an award of 112.1500 stock units on 2026-08-03. These units represent dividend equivalents on amounts previously deferred under the Amended and Restated Outside Directors' Deferred Compensation Plan and are issuable one-for-one in common stock after his board service ends or upon a change in control. Following this award, Long directly holds 22283.8800 stock units.
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Long Nicholas T.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units F1 | 112.15 | $19.77 | $2K |
Holdings After Transaction:
Stock Units — 22,283.88 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: 112.1500 units
Reported value per unit: $19.7700 per unit
Total stock units after award: 22283.8800 units
+2 more
5 metrics
Stock units awarded
112.1500 units
Grant of stock units representing dividend equivalents on deferred compensation
Reported value per unit
$19.7700 per unit
Transaction price per stock unit on 2026-08-03
Total stock units after award
22283.8800 units
Director’s direct holdings of stock units following the transaction
Underlying common shares
112.1500 shares
Common stock issuable on a one-for-one basis for the awarded units
Transaction date
2026-08-03
Date of stock unit award to director Nicholas T. Long
Key Terms
Stock Units, dividend equivalents, Outside Directors' 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.
Outside Directors' Deferred Compensation Plan financial
"under the Company's Amended and Restated Outside Directors' Deferred Compensation Plan"
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 Nicholas T. Long report for WWW?
Nicholas T. Long, a director of Wolverine World Wide (WWW), reported receiving an award of 112.1500 stock units on 2026-08-03. The award consists of stock units tied to previously deferred director compensation and represents an acquisition, not an open-market purchase or sale.
How many stock units were granted to the WWW director and at what value?
Nicholas T. Long was granted 112.1500 stock units with a reported per-unit value of $19.7700. These units reflect dividend equivalents credited on deferred compensation rather than cash purchases, and each unit is linked to an equivalent share of Wolverine World Wide common stock.
What compensation plan governs the stock units reported for WWW?
The stock units were credited under Wolverine World Wide’s Amended and Restated Outside Directors' Deferred Compensation Plan. They represent dividend equivalents on amounts Long previously deferred under this plan, aligning a portion of his director compensation with the company’s equity performance over time.
What are Nicholas T. Long’s total stock unit holdings in WWW after this award?
After this award, Nicholas T. Long directly holds 22283.8800 stock units linked to Wolverine World Wide common stock. This figure includes the newly credited 112.1500 units representing dividend equivalents on his previously deferred director compensation under the company’s deferred compensation plan.
Was the WWW director’s stock unit award reported under a Rule 10b5-1 plan?
The Rule 10b5-1 checkbox on the report was not selected, indicating the transaction was not affirmatively reported as executed under a pre-arranged Rule 10b5-1 trading plan. The activity instead reflects routine crediting of stock units on deferred director compensation.