[Form 4] WOLVERINE WORLD WIDE INC /DE/ Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wolverine World Wide director Nicholas T. Long received a grant of 15,580 Restricted Stock Units that each convert into one share of Common Stock on a one-for-one basis. These RSUs vest on May 7, 2027, and Long has elected to defer receipt of the shares until May 7, 2031. Following this grant, his reported derivative holdings from this award total 15,580 RSUs.
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 | Restricted Stock Units | 15,580 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 15,580 shares (Direct, null)
Footnotes (1)
- Restricted stock units convert into shares of Common Stock on a one-for-one basis. The Restricted Stock Units vest on May 7, 2027; however, the Reporting Person has elected to defer receipt of the shares until May 7, 2031.
FAQ
What did Wolverine World Wide (WWW) director Nicholas T. Long report on this Form 4?
Nicholas T. Long reported receiving 15,580 Restricted Stock Units as a compensation grant. Each unit represents the right to receive one share of Wolverine World Wide Common Stock, subject to vesting and a deferral election described in the filing.
How many Restricted Stock Units did Nicholas T. Long receive from Wolverine World Wide (WWW)?
He received 15,580 Restricted Stock Units. These units are a form of equity compensation that will convert into 15,580 shares of Common Stock on a one-for-one basis once vesting and deferral conditions described in the filing are met.
When do Nicholas T. Long’s Wolverine World Wide (WWW) RSUs vest and pay out?
The 15,580 Restricted Stock Units vest on May 7, 2027. However, Long elected to defer receiving the underlying shares until May 7, 2031, meaning settlement of the vested RSUs occurs four years after vesting.
Is Nicholas T. Long’s Form 4 transaction in Wolverine World Wide (WWW) an open-market trade?
No, the filing shows a grant coded as an acquisition (A) of 15,580 Restricted Stock Units. This is a compensation-related award, not an open-market stock purchase or sale, and carries different implications than discretionary trading activity.