Wolverine (WWW) CEO exercises RSUs and withholds 11,528 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wolverine World Wide President and CEO Christopher Hufnagel reported equity transactions involving company stock. On February 5, 2026, 26,138 restricted stock units were converted into an equal number of common shares at a conversion price of $0.00 per share.
On the same date, 11,528 common shares were disposed of in a transaction coded "F" at $18.10 per share, typically indicating shares withheld to cover taxes. After these transactions, Hufnagel directly held 257,696 shares of common stock and 52,276 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
26,138 shares exercised/converted
Mixed
3 txns
Insider
Hufnagel Christopher
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 26,138 | $0.00 | -- |
| Exercise | Common Stock | 26,138 | $0.00 | -- |
| Tax Withholding | Common Stock | 11,528 | $18.10 | $209K |
Holdings After Transaction:
Restricted Stock Units — 52,276 shares (Direct);
Common Stock — 269,224 shares (Direct)
Footnotes (1)
- Restricted stock units convert into shares of Common Stock on a one-for-one basis. On February 5, 2025, the Reporting Person was granted 78,414 restricted stock units, vesting as follows, subject to the Reporting Person's continued employment: one-third on each of the first, second, and third year anniversaries of the grant date.
FAQ
What insider transactions did Wolverine (WWW) CEO Christopher Hufnagel report?
Christopher Hufnagel reported converting 26,138 restricted stock units into common stock at $0.00 per share and an "F" transaction disposing of 11,528 common shares at $18.10 per share on February 5, 2026.
What does the RSU transaction on Wolverine (WWW) Form 4 represent?
The RSU transaction reflects 26,138 restricted stock units converting into 26,138 Wolverine common shares on February 5, 2026, at a $0.00 conversion price, consistent with the one-for-one RSU-to-share conversion described in the footnotes.
What prior RSU grant is referenced in the Wolverine (WWW) Form 4 footnotes?
The footnotes state that on February 5, 2025, the reporting person was granted 78,414 restricted stock units, vesting in three equal annual installments on each of the first, second, and third anniversaries of that grant date, subject to continued employment.
What is the conversion ratio for Wolverine (WWW) restricted stock units?
The filing explains that Wolverine restricted stock units convert into shares of common stock on a one-for-one basis. This means each vested RSU delivers one share when settled, as illustrated by the 26,138 RSUs converting into 26,138 common shares.