STOCK TITAN

Wolverine World Wide (WWW) Chief Legal Officer reports sale of 5,000 shares

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

David Latchana, identified as Chief Legal Officer and an officer of Wolverine World Wide, Inc. (WWW), reported a sale of 5,000 shares of the issuer's common stock on 08/29/2025. The shares were sold at a weighted-average price of $32.16, with transaction prices in the range $32.05 to $32.27. Following the reported sale, the filing shows 19,253 shares beneficially owned by the reporting person, held in a direct ownership form. The filing includes an undertaking to provide a breakdown of the number of shares sold at each separate price within the reported range upon request.

Positive

  • Timely and detailed disclosure of the insider sale including weighted-average price and execution price range
  • Reporting person retained shares after the sale (19,253 shares), indicating continued ownership

Negative

  • Insider reduced direct holdings by 5,000 shares, which is a decrease in insider ownership

Insights

TL;DR: Routine disclosure of an insider sale; shows reduced direct holdings but full compliance with reporting requirements.

The Form 4 documents a straightforward open-market sale by an officer, with transparent reporting of a weighted-average sale price and an explicit range of execution prices. The filing indicates the reporting person retained 19,253 shares after the sale and affirms willingness to provide detailed trade pricing by individual execution if requested. From a governance and compliance perspective, this appears to be a standard Section 16 report with no additional disclosures of derivative transactions or unusual arrangements.

TL;DR: Insider sold 5,000 shares at ~$32.16; transaction is material to holdings but not necessarily to company fundamentals.

The sale reduces the reporting person’s direct stake to 19,253 shares. The reporting clarifies that the reported price is a weighted-average and provides the execution price band ($32.05–$32.27). There are no derivative positions reported and no indication this transaction was tied to a Rule 10b5-1 plan on the face of the form. For investors, this is a disclosed insider liquidity event rather than information about company operations or performance.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Latchana David A

(Last) (First) (Middle)
C/O 9341 COURTLAND DRIVE NE

(Street)
ROCKFORD MI 49351

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WOLVERINE WORLD WIDE INC /DE/ [ WWW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Legal Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/29/2025 S 5,000 D $32.16(1) 19,253 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.05 to $32.27. The reporting person undertakes to provide to Wolverine World Wide, Inc., any security holder of Wolverine World Wide, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
Remarks:
/s/ David Latchana 09/02/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Wolverine World Wide (WWW) insider sell?

The reporting person sold 5,000 shares of common stock on 08/29/2025.

At what price were the WWW shares sold?

The sale was reported at a weighted-average price of $32.16, with individual sale prices ranging from $32.05 to $32.27.

How many WWW shares does the reporting person own after the transaction?

After the reported sale, the reporting person beneficially owns 19,253 shares in a direct ownership form.

Who filed the Form 4 for WWW and what is their role?

The Form 4 was filed by David Latchana, listed as an officer (Chief Legal Officer) and director-related reporting person.

Does the Form 4 show any derivative transactions or 10b5-1 plan indication?

No derivative securities are reported in Table II, and the form does not check a box explicitly indicating a Rule 10b5-1 plan for this transaction.
Wolverine World

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WWW Stock Data

1.49B
80.27M
Footwear & Accessories
Footwear, (no Rubber)
Link
United States
ROCKFORD