Wolverine World Wide (NYSE: WWW) awards 319 stock units to director Lauderback
Rhea-AI Filing Summary
LAUDERBACK BRENDA J reported acquisition or exercise transactions in this Form 4 filing.
Wolverine World Wide director Brenda J. Lauderback received an award of 319.02 stock units on August 3, 2026. The stock units represent dividend equivalents on amounts previously deferred under the Amended and Restated Outside Directors' Deferred Compensation Plan and are payable in shares of Common Stock on a one-for-one basis after director service ends or upon a change in control.
Following this award, she directly holds 63,388.27 stock units linked to Wolverine World Wide Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LAUDERBACK BRENDA J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units F1 | 319.02 | $19.77 | $6K |
Holdings After Transaction:
Stock Units — 63,388.27 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: 319.0200 units
Reference price per unit: $19.7700 per stock unit
Units held after transaction: 63388.2700 units
+1 more
4 metrics
Stock units awarded
319.0200 units
Grant to director Brenda J. Lauderback on August 3, 2026
Reference price per unit
$19.7700 per stock unit
Value used for the reported stock unit award
Units held after transaction
63388.2700 units
Total direct stock unit holdings following the award
Conversion ratio
1:1
Each stock unit is issuable for one share of Common Stock
Key Terms
Stock Units, dividend equivalents, 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.
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
"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 WWW report for Brenda J. Lauderback?
Wolverine World Wide reported that director Brenda J. Lauderback received an award of 319.02 stock units on August 3, 2026. These units represent dividend equivalents on previously deferred compensation under the Outside Directors' Deferred Compensation Plan.
How many Wolverine World Wide (WWW) stock units does Brenda J. Lauderback hold after this Form 4?
After the reported award, Brenda J. Lauderback directly holds 63,388.27 stock units linked to Wolverine World Wide Common Stock. This total reflects her position following the 319.02 stock unit dividend-equivalent grant.
What are the key terms of the WWW stock units granted to Brenda J. Lauderback?
The granted stock units represent dividend equivalents on deferred compensation and are payable in Common Stock on a one-for-one basis. Shares are issuable in a lump sum or installments after her director service ends or upon a change in control.
Was the Wolverine World Wide (WWW) Form 4 transaction a market purchase or sale?
The Form 4 reports a grant/award acquisition of stock units, not a market purchase or sale. The units arise as dividend equivalents on deferred compensation; no open-market buying or selling of Common Stock is disclosed in this filing.
At what reference price were the WWW stock units for Brenda J. Lauderback valued?
The 319.02 stock units were valued at a reference price of $19.77 per unit. This per-unit value is used for the award calculation but does not describe a market trade, as the transaction is a compensation-related grant.