Jack Boyle of Wolverine World Wide (NYSE: WWW) granted 9,113 RSUs vesting 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boyle Jack reported acquisition or exercise transactions in this Form 4 filing.
Wolverine World Wide director Jack Boyle reported a compensation-related equity grant. He received 9,113 Restricted Stock Units, each convertible into one share of Common Stock on a one-for-one basis. These RSUs vest on May 7, 2027, and his reported direct holdings after the grant are 9,113 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Boyle Jack
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 9,113 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 9,113 shares (Direct, null)
Footnotes (1)
- Converts into shares of Common Stock on a one-for-one basis. The Restricted Stock Units vest on May 7, 2027.
Key Figures
RSUs granted: 9,113 Restricted Stock Units
RSU conversion ratio: 1 RSU = 1 share Common Stock
RSU vesting date: May 7, 2027
+2 more
5 metrics
RSUs granted
9,113 Restricted Stock Units
Grant to director Jack Boyle on May 7, 2026
RSU conversion ratio
1 RSU = 1 share Common Stock
Conversion into Wolverine World Wide Common Stock
RSU vesting date
May 7, 2027
Vesting date for 9,113 Restricted Stock Units
Holdings after transaction
9,113 units
Total Restricted Stock Units directly held following grant
Transaction price per RSU
$0.0000 per unit
Compensation grant, not open-market purchase
Key Terms
Restricted Stock Units, Common Stock, one-for-one basis, vest, +1 more
5 terms
Restricted Stock Units financial
"security_title": "Restricted Stock Units""
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.
Common Stock financial
"underlying_security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
one-for-one basis financial
"Converts into shares of Common Stock on a one-for-one basis."
vest financial
"The Restricted Stock Units vest on May 7, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Wolverine World Wide (WWW) director Jack Boyle report in this Form 4?
Jack Boyle reported receiving 9,113 Restricted Stock Units as compensation. Each RSU converts into one share of Wolverine World Wide Common Stock, increasing his direct equity-based holding to 9,113 units after this grant.
How many Restricted Stock Units did Jack Boyle receive from Wolverine World Wide (WWW)?
Jack Boyle received 9,113 Restricted Stock Units from Wolverine World Wide. These RSUs represent a right to receive 9,113 shares of Common Stock in the future, subject to the vesting schedule disclosed in the filing.
When do Jack Boyle’s Wolverine World Wide (WWW) RSUs vest?
Jack Boyle’s 9,113 Restricted Stock Units vest on May 7, 2027. Vesting means he will then receive the underlying Wolverine World Wide Common Stock, assuming he satisfies any applicable service or other conditions through that date.
What does one-for-one conversion mean for Wolverine World Wide (WWW) RSUs?
One-for-one conversion means each Restricted Stock Unit becomes one share of Common Stock. For Jack Boyle, 9,113 RSUs can convert into 9,113 Wolverine World Wide shares once the vesting date of May 7, 2027 is reached.
Is Jack Boyle’s Wolverine World Wide (WWW) Form 4 a stock purchase or grant?
The Form 4 reflects an equity grant, not an open-market purchase. Jack Boyle received 9,113 Restricted Stock Units as a grant classified as a grant, award, or other acquisition under transaction code A in the filing.