Wolverine director exercises 11,027 RSUs, adds units

Wolverine World Wide director Brenda J. Lauderback reported equity compensation activity, not open‑market trading.

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Form Type

Rhea-AI Filing Summary

Wolverine World Wide director Brenda J. Lauderback reported equity compensation activity, not open‑market trading. She exercised 11,027 previously granted restricted stock units into the same number of shares of Common Stock, bringing her direct Common Stock holdings to 59,702 shares.

She was also credited with 361.84 Stock Units at $17.33 per unit under the company’s Amended and Restated Outside Directors’ Deferred Compensation Plan, increasing her Stock Units balance to 63,069.25 units. Each Stock Unit or restricted stock unit converts into one share of Common Stock, typically payable after service as a director ends or upon a change in control.

Insider Trade Summary

11,027 shares exercised/converted

Exercise 3 txns

Insider LAUDERBACK BRENDA J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Units	361.84	$17.33	$6K
Exercise	Restricted Stock Units	11,027	$0.00	$0.00
Exercise	Common Stock	11,027	$0.00	$0.00

Holdings After Transaction: Stock Units — 63,069.25 contracts (Direct); Restricted Stock Units — 0 contracts (Direct); Common Stock — 59,702 shares (Direct)

Footnotes (3)

F1. Converts into shares of Common Stock on a one-for-one basis.
F2. 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.
F3. On May 1, 2025, the Reporting Person was granted 11,027 restricted stock units, vesting on the first anniversary of the grant date.

Key Figures

RSUs exercised: 11,027 shares Common Stock holdings: 59,702 shares New Stock Units granted: 361.84 units +2 more

5 metrics

RSUs exercised 11,027 shares Restricted stock units converted into Common Stock

Common Stock holdings 59,702 shares Direct holdings after RSU conversion

New Stock Units granted 361.84 units Award under Outside Directors’ Deferred Compensation Plan

Stock Unit grant price $17.33 per unit Transaction price per Stock Unit

Stock Units balance 63,069.25 units Total Stock Units following grant

Key Terms

Restricted Stock Units, Stock Units, Amended and Restated Outside Directors' Deferred Compensation Plan, dividend equivalents, +1 more

5 terms

Restricted Stock Units financial

"On May 1, 2025, the Reporting Person was granted 11,027 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.

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.

Amended and Restated Outside Directors' Deferred Compensation Plan financial

"previously deferred under the Company's Amended and Restated Outside Directors' Deferred Compensation Plan"

dividend equivalents financial

"Award of 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.

change in control financial

"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"

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.

FAQ

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What did director Brenda J. Lauderback report in her latest Form 4 for Wolverine (WWW)?

Brenda J. Lauderback reported equity compensation changes, not market trades. She exercised 11,027 restricted stock units into Common Stock and received 361.84 Stock Units under a deferred compensation plan, updating her share and unit balances with Wolverine World Wide.

How many Wolverine (WWW) shares does Brenda J. Lauderback hold after these transactions?

After exercising restricted stock units, Brenda J. Lauderback directly holds 59,702 shares of Wolverine Common Stock. This reflects the conversion of 11,027 restricted stock units into an equal number of shares, as disclosed in the Form 4 insider filing for the director.

What are the Stock Units granted to Brenda J. Lauderback by Wolverine (WWW)?

She was awarded 361.84 Stock Units valued at $17.33 per unit under Wolverine’s Amended and Restated Outside Directors’ Deferred Compensation Plan. Each unit represents the right to receive one share of Common Stock in a lump sum or installments after board service ends or upon change in control.

What happened to Brenda J. Lauderback’s restricted stock units at Wolverine (WWW)?

Previously granted restricted stock units vested and were converted into Common Stock. Specifically, 11,027 restricted stock units converted on a one‑for‑one basis into 11,027 shares of Wolverine Common Stock, consistent with the terms described in the Form 4 footnotes.

Are Brenda J. Lauderback’s Wolverine (WWW) transactions open-market buys or sells?

The disclosed transactions are not open‑market buys or sells. They involve exercising or converting derivative awards and receiving Stock Units as director compensation, with no reported open‑market purchase or sale of Wolverine Common Stock in this Form 4 filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/05/2026 - 04:15 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LAUDERBACK BRENDA J

(Last)

(First)

(Middle)

C/O 9341 COURTLAND DRIVE NE

(Street)

ROCKFORD

MICHIGAN

49351

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
WOLVERINE WORLD WIDE INC /DE/ [ WWW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/01/2026		M		11,027	A	⁽¹⁾	59,702	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Units	⁽²⁾	05/01/2026		A		361.84		⁽²⁾	⁽²⁾	Common Stock	361.84	$17.33	63,069.25	D
Restricted Stock Units	⁽¹⁾	05/01/2026		M			11,027	⁽³⁾	⁽³⁾	Common Stock	11,027	$0	0	D

Explanation of Responses:

1. Converts into shares of Common Stock on a one-for-one basis.

2. 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.

3. On May 1, 2025, the Reporting Person was granted 11,027 restricted stock units, vesting on the first anniversary of the grant date.

Remarks:

	/s/ David Latchana by Power of Attorney	05/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR