Director Nicholas Long granted stock units at Wolverine World Wide (NYSE: WWW)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wolverine World Wide director Nicholas T. Long received a grant of stock units as compensation. On May 1, 2026, he acquired 127.2 Stock Units, each linked one-for-one to shares of common stock. These units represent dividend equivalents on amounts previously deferred under the company’s Outside Directors' Deferred Compensation Plan.
After this award, Long holds a total of 22,171.73 stock units directly. Shares of common stock tied to these units are issuable after his service as a director ends or upon a change in control of the company, either in a lump sum or installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Long Nicholas T.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 127.2 | $17.33 | $2K |
Holdings After Transaction:
Stock Units — 22,171.73 shares (Direct, null)
Footnotes (1)
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Key Figures
Stock units granted: 127.2 units
Price per stock unit reference: $17.33 per unit
Total stock units after grant: 22,171.73 units
+1 more
4 metrics
Stock units granted
127.2 units
Grant code A on May 1, 2026
Price per stock unit reference
$17.33 per unit
Transaction price per unit for the grant
Total stock units after grant
22,171.73 units
Holdings following the reported transaction
Underlying common stock
127.2 shares
Common stock issuable one-for-one for this grant
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
"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.
Outside Directors' Deferred Compensation Plan financial
"previously deferred 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.
FAQ
What insider transaction did Wolverine World Wide (WWW) report for Nicholas T. Long?
Wolverine World Wide reported that director Nicholas T. Long received 127.2 Stock Units as a compensation-related award. These units are tied to previously deferred amounts under the Outside Directors' Deferred Compensation Plan and are not an open-market stock purchase or sale.
Is the Nicholas T. Long Form 4 transaction for WWW a stock buy or sell?
The Form 4 for WWW shows an acquisition by grant, not a market buy or sell. Long received 127.2 Stock Units as a compensation award representing dividend equivalents on deferred amounts, classified as a grant or other acquisition, code “A”.
How many Wolverine World Wide stock units does Nicholas T. Long hold after this grant?
After the reported grant, director Nicholas T. Long holds a total of 22,171.73 stock units. These units are tied to Wolverine World Wide common stock and reflect his deferred compensation position under the company’s Outside Directors' Deferred Compensation Plan.
When can Wolverine World Wide stock tied to these units be issued to Nicholas T. Long?
Shares of Wolverine World Wide common stock linked to these stock units are issuable on a one-for-one basis after Long’s termination of service as a director or upon a change in control of the company, in a lump sum or installments.