WWW insider filing: Price DeMonty increases trust holdings to 50,000 shares
Rhea-AI Filing Summary
Wolverine World Wide director Price DeMonty reported an acquisition of common stock on 08/08/2025. The filing shows an acquisition of 15,000 shares at a reported price of $27.19 per share. After the transaction, the reporting person is shown as beneficially owning 50,000 shares indirectly through the Price Family Trust, of which the filing states the reporting person and his wife are trustees. The Form 4 lists the reporter's relationship as Director and was signed via power of attorney by David Latchana on 08/12/2025.
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Insights
Director purchased 15,000 shares, raising indirect holdings to 50,000; transaction appears routine with limited disclosed market impact.
The filing documents a straightforward acquisition: 15,000 common shares were acquired on 08/08/2025 at $27.19, increasing reported beneficial ownership to 50,000 shares held indirectly by the Price Family Trust. For investors, this is an explicit insider purchase but the filing does not disclose additional context such as a 10b5-1 plan or proportional ownership relative to outstanding shares, so material impact cannot be assessed from this form alone.
Acquisition recorded through a family trust and the Form 4 was filed by power of attorney, indicating recorded trust ownership and compliance with Section 16 reporting.
The explanatory note states the shares are held by the Price Family Trust, with the reporting person and spouse as trustees, which clarifies the nature of indirect ownership. The signature block shows the form was executed by a designated power of attorney on 08/12/2025. The document contains no disclosure of derivative transactions or dispositions and focuses solely on the non-derivative acquisition reported.